Ethanol Gravy Train Rolls On

By Paul Driessen – Re-Blogged From http://www.WattsUpWithThat.com

Opponents make compelling case but can’t derail or even slow this well-protected industry

Like most people I’ve spoken with, I have no innate, inflexible antipathy to ethanol in gasoline. What upsets me are the deceptive claims used to justify adding mostly corn-based ethanol to this indispensable fuel; the way seriously harmful unintended consequences are brushed aside; and the insidious crony corporatist system the ethanol program has spawned between producers and members of Congress.

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Vancouver Gasoline Hits $4.77 a Gallon, Tops in North America

By Bloomberg – Re-Blogged From Newsmax

Vancouver sits less than 750 miles from the Canadian oil sands but it may as well be on another continent for vehicle drivers.

Gasoline prices in the Pacific Coast city hit C$1.62 a liter ($4.77 a gallon) on Monday, the highest in North America, according to Dan McTeague, a senior petroleum analyst at GasBuddy, which collects real-time fuel prices from more than 140,000 gas stations on the continent.

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More Signs Of Inflation: Home Prices Jump Again And “$3 Gas Is Coming”

By John Rubino – Re-Blogged From Dollar Collapse

Cornflakes and milk may or may not be getting more expensive, but some higher-profile things are rocking like it’s 1979. Houses, for example:

Home prices just took the biggest jump in four years

(CNBC) – Homebuyers, hold onto your wallets. The gains in home prices are getting bigger as the supply of homes for sale gets leaner.

The median price of a home sold in March surged 8.9 percent compared with March 2017, according to Redfin, a real estate brokerage. It is the biggest annual increase in four years. Redfin tracks prices in 174 local markets and calculated the median home price at $297,000.

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The Price Of Eco-Madness: California’s Oil Production Collapse

By Anthony Watts – Re-Blogged From http://www.WattsUpWithThat.com

From the “everything is leaving California these days” department. The collapse of the oil industry in California, once our second-most-important producing state, is a very sad thing to see.

The U.S. shale oil revolution has completely passed the state by.

California crude oil production in thousands of barrels per day since 1980. Data source: US Energy Information Administration

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In Defense of the Electric Car – Part 1

[Full disclosure: I own an electric car, and I think they are useful for city transportation. However, having owned one for a decade, I can say that it hasn’t been practical or cost-effective. John Hardy believes they are the future, I’ll let you, the reader, decide. – Anthony Watts]

By John Hardy – Re-Blogged From http://www.WattsUpWithThat.com

Preamble

In the West, almost all climate change activists consider Electric Vehicles (EVs) important because they are believed to emit less CO2 per mile. In contrast, many (but not all) climate sceptics consider them a waste of space because they regard them as a solution to a non-problem: they believe that all that EVs are good for is virtue signalling.

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Global EV and Related Climate Alarmist Colossal Messes

By Larry Hamlin  Re-Blogged From http://www.WattsUpWithThat.com

EVs have been hyped by the climate alarmist renewable energy activist crowd as an effective approach for reducing greenhouse gas emissions regarding transportation energy consumption, which for many nations is a large portion of their total energy use.

EVs are fundamentally energy handicapped due to the low energy density of batteries versus the high energy density available in fossil fueled vehicles which results in significantly reduced mileage capabilities for EVs compared to fossil fueled vehicles.

These EV mileage limitations versus fossil fueled vehicles become even more exaggerated when additional energy demands are needed to support vehicle air conditioning and heating loads, hill climbing requirements and operation in cold temperatures that decrease battery stored energy capabilities.

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Biofuel Justifications are Illusory

By Paul Driessen – Re-Blogged From http://www.WattsUpWithThat.com

It’s time to really cut, cut, cut ethanol and other renewable fuel mandates – maybe to zero.

The closest thing to earthly eternal life, President Ronald Reagan used to say, is a government program.

Those who benefit from a program actively and vocally defend it, often giving millions in campaign cash to politicians who help perpetuate it, while those who oppose the program or are harmed by it are usually disorganized and distracted by daily life. Legislative inertia and obstruction of the kind so graphically on display in the Senate over the Affordable Care Act (Obamacare) also help to perpetuate program life.

The Renewable Fuel Standard (RFS), created under the 2005 Energy Policy Act and expanded by the 2007 Energy Independence and Security Act, is a perfect example. It has more lives than Freddy Krueger.

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