Speaking at the Power-Gen conference in Las Vegas, managing consultant Michele Rubino has been reported as posing the question, "which makes more sense: ethanol or biodiesel?" Rubino, who works at Navigant Consulting, didn't hesitate to say that it was ethanol that made more sense and that "biodiesel has worse economics."
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 jus