Home > The Bush Administration’s Great State of the Union Ethanol Scam

The Bush Administration’s Great State of the Union Ethanol Scam

by Open-Publishing - Saturday 25 February 2006
2 comments

Governments Energy USA

Did Congress and the Senate "Day Trade" Ethanol on the day of the State of the Union address and rip-off Americans the following morning by selling it off?

It certainly looks as though the marriage between the White House, Senate and Congressional leadership and Wall Street has been exposed.

A side note: On January 18, 2006, Rep. Louise Slaughter stated that she had information relating to Rep. Tom DeLay and Rep. Bill Frist having "day-traders" working out of their offices. She said that the SEC was investigating it.

Back to Ethanol. And remember, we are looking at the when’s and who’s here. Just why would only 36,000 shares of Ethanol be traded on January 27th and 1,800,000 shares be traded on January 31st, BEFORE THE SPEECH.

complete analysis with stats and charts here:
http://intl-news.blogspot.com/2006/...

Forum posts

  • Yes, well, it is a scam on more than one level.

    Briefly, it takes much more calories to make ethanol than it does to use that same amount of gas/diesel. That is, the process of planting, harvesting, and post processing uses more fuel than it yields in the form of ethanol.

    Secondly, a set quantity of ethanol by itself cannot yield any where near the calories of gasoline of equal amount. (Look it up in any basic Organic Chemistry book. Simply count the number of hydrogen bond in ethanol versus in the average gasoline molecule to get a rough estimate.)

    It’s just another talk aimed at the American pubic who’s knowledge in science is beyond stupified ignorance.

    Welcome to America.

    • Absolutely right. And in order to get some decent amount of ethanol a country have to dedicate a vast amount of its land. They stopped almost making diesel from raps in Europe. Why? Environmental hazard due to the use of chemicals, in order to keep the fuel stable.