green economy?

Here is a story of an ethanol producer that went under. Biomass industry is in trouble. People many of these plant are shut down, the demand is no longer there. Future of fuel may be quite different. Actually, using corn to make fuel was one way to move america away from fossil fuels. This is not taking place.

Price of fuel in the future

The price of gasoline was over $4/gallon in August 2008, and now we see in December 2008 that it is less than $2/gal for gas. Why? Is the question. I can tell you that world shipping is way down. There are less trucks on the road, and many people have lost their jobs.

Perhaps some see the high price of fuel in the future as impossible, but I see it as a given fact. We hit peak oil in 2005. That means every year we produce less petroleum. This dramatic drop is temporary. Get ready for an increase in oil prices.