Alan Greenspan is getting a lot of press because of his opinions on Bush. Last year, when Alan Greenspan was still fed chair, he said a few things about ethanol in testimony. He says corn ethanol will play "only a limited role." Greenspan contends corn ethanol's "ability to displace gasoline is modest at best." Greenspan continues "I'd like to see us move quickly to determine whether cellulosic is feasible." Greenspan thinks we can push alternatives so that "oil in the years ahead will remain an
It's time to take a serious look at our country's federal gasoline tax. According to the New York Times, it's been set at 18.4 cents per gallon since 1993. This is FAR lower than any other industrialized nation. The article also points out that according to the International Energy Agency, America's overall gas taxes in August averaged just 40 cents per gallon while Britain and Germany were at $4.24 and $3.99, respectively.