GreenHybrid - Hybrid Cars - View Single Post - A study says that ethanol is worse than gasoline for the environment

Billyk · #47 (**permalink**) 03-28-2008, 06:16 PM

[quote=centrider;166502][quote=Billyk;166500]

Quote:

Originally Posted by centrider

Certainly it is the demand for a limited oil supply which is driving the price. But one can wonder why the CEO's are making those big bucks.

So, what dya think, Big Oil will give up it's big margin? Historic highs? Certainly the small owners of the the now almost defunct privately owned gas station would agree they're not making a bundle. Where's the competition? How many companies were there in the 70's, 80's, and 90's? What does consolidation mean?

Less competition, bigger margins. Watch for one of the oil companies to suck up the ethanol production in the mid-west.

To think that the individual gasoline stations are making a killing -major brand name or not--is not true. There is very little profit margin for owners of the gasoline stations. Mark Smith (poster on this site) use to sell gasoline with his professional auto mechanic service and got out because the profit margin was something like .03%

.

As for big oil swallowing up ethanol production--you better let our GPSman1 reply to that as he is in the business.