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<blockquote data-quote="wkmac" data-source="post: 959609" data-attributes="member: 2189">Yes, you can blame the politicians but also the farm lobby and yes even the oil lobby.&nbsp; You see corn production is a huge consumer of oil in fuel for tractors, oil based pesticides/herbicides and fertilizers.&nbsp; And then we&#039;ve not considered the energy used in the production process of making corn into ethanol.&nbsp; Ethanol IMO was a huge corp. welfare win/win and it wasn&#039;t just the politicians who were the winners.&nbsp; Also in the heavy corn producing communities, they benefited as the economic boom spreads out to various support economic actors.&nbsp; In the Amerikanized central planning models,&nbsp; this was a gov&#039;t stimulus program from top to bottom.&nbsp; I agree the whole Solyndra boondoggle was wrong from top to bottom but I find so many here that scream of that yet never utter a peep about the very same thing when it happens in other forms.&nbsp; Nothing but a bunch of hypocrites driven by mindless partiarchy as far as I&#039;m concerned!On the subject of oil and oil prices, I read <a href="http://lewrockwell.com/orig9/deming9.1.1.html" target="_blank">this piece</a> on peak oil yesterday and it made some interesting points.&nbsp; Going further, the idea of hydrocarbons as a fossil fuel and therefore of a depleting supply IMO begs to be questioned.&nbsp; In a general sense, below is the 5 cent explanation of where hydrocarbons come from.From my POV, this sez that hydrocarbons come from fossil and decayed plant matter sources.&nbsp; OK, this is the typical narrative from which we get our hydrocarbons but if this is all true, then explain Saturn&#039;s largest moon, <a href="http://www.universetoday.com/12800/titan-has-hundreds-of-times-more-liquid-hydrocarbons-than-earth/" target="_blank">Titan</a>?&nbsp;&nbsp; Unless we can place dinosaurs and massive plant life on Titan in an earlier time, this seems to suggest that hydrocarbons have more than one means to come into being.&nbsp; It also suggests that hydrocarbons come into being not by organic decaying material but by some other chemical means or process.&nbsp; Are we getting back to <a href="http://www.wnd.com/2008/02/45838/" target="_blank">an explanation of how oil comes into being</a> that&#039;s 60 years old and came from Russian geologists but then this disproves the narrative of peak oil which in turn supports an ever increasing price structure?&nbsp; If oil is so scarce, why do the oil companies in their fiduciary responsibility to stock investors not begin a divesting process out of the oil business and into another business model to sustain the future?Many questions still remain and I&#039;m not convinced we are getting all the facts either!jmo</blockquote>

[QUOTE="wkmac, post: 959609, member: 2189"] Yes, you can blame the politicians but also the farm lobby and yes even the oil lobby. You see corn production is a huge consumer of oil in fuel for tractors, oil based pesticides/herbicides and fertilizers. And then we've not considered the energy used in the production process of making corn into ethanol. Ethanol IMO was a huge corp. welfare win/win and it wasn't just the politicians who were the winners. Also in the heavy corn producing communities, they benefited as the economic boom spreads out to various support economic actors. In the Amerikanized central planning models, this was a gov't stimulus program from top to bottom. I agree the whole Solyndra boondoggle was wrong from top to bottom but I find so many here that scream of that yet never utter a peep about the very same thing when it happens in other forms. Nothing but a bunch of hypocrites driven by mindless partiarchy as far as I'm concerned! On the subject of oil and oil prices, I read [URL="http://lewrockwell.com/orig9/deming9.1.1.html"][COLOR=#ff0000]this piece[/COLOR][/URL] on peak oil yesterday and it made some interesting points. Going further, the idea of hydrocarbons as a fossil fuel and therefore of a depleting supply IMO begs to be questioned. In a general sense, below is the 5 cent explanation of where hydrocarbons come from. From my POV, this sez that hydrocarbons come from fossil and decayed plant matter sources. OK, this is the typical narrative from which we get our hydrocarbons but if this is all true, then explain Saturn's largest moon, [URL="http://www.universetoday.com/12800/titan-has-hundreds-of-times-more-liquid-hydrocarbons-than-earth/"][COLOR=#ff0000]Titan[/COLOR][/URL]? Unless we can place dinosaurs and massive plant life on Titan in an earlier time, this seems to suggest that hydrocarbons have more than one means to come into being. It also suggests that hydrocarbons come into being not by organic decaying material but by some other chemical means or process. Are we getting back to [URL="http://www.wnd.com/2008/02/45838/"][COLOR=#ff0000]an explanation of how oil comes into being[/COLOR][/URL] that's 60 years old and came from Russian geologists but then this disproves the narrative of peak oil which in turn supports an ever increasing price structure? If oil is so scarce, why do the oil companies in their fiduciary responsibility to stock investors not begin a divesting process out of the oil business and into another business model to sustain the future? Many questions still remain and I'm not convinced we are getting all the facts either! jmo [/QUOTE]

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