Archer-Daniels-Midland Co. (ADM)

All Comments on ADM

  • commenter
    Jack34
    Aug 27 01:35 PM
    Ethanol: Our Answer to Reducing U.S. Dependence on Foreign Oil [view article]
    Most of what can be said has been. I estimate some 40 percent or more of the comments are crazy/unreasonable and I hesitate to associate with them but I would like to add the followinjg. I like my 7 passenger car and love to be on the road or drive 5 miles to pick up a DVD and want to see how this lifestyle can be continued.

    We should buy the Brazilian ethanol, they would buy the harvesting equipment, fertilizer, etc from us. Sugar cane ethanol returns 8 times the energy used to produce it, corn returns 2.8 times. (or so I've read recently). Globalization benefits everyone. We could grow more sugarcane in the south??

    Also not mentioned is Algae. There are quite a few pilot plants around the world growing algae, extracting oil and refining it into super clean deisel. Algae growth can double its volume in 24 hours. Genetic engineering, I'm sure, could increase the oil content. The residue after pressing can be used for animal feed.     Reply
  • commenter
    somedude
    Aug 27 01:12 PM
    Ethanol: Our Answer to Reducing U.S. Dependence on Foreign Oil [view article]
    Funny, no mention that blends above 10% are illegal unless you have an FFV. Otherwise, bye bye warranty.
    And the link to the ACE study is great. That piece of propaganda disguised as a "study" is hysterical. Has anyone actually read it?     Reply
  • commenter
    ecorowe
    Aug 27 01:06 PM
    Ethanol: Our Answer to Reducing U.S. Dependence on Foreign Oil [view article]
    Regarding concerns about feedstock limitations, I offer the following:

    www.ncga.com/news/notd...

    Numbers Show How Livestock Benefits From Ethanol (8-14-08)

    When the U.S. Department of Agriculture came out with corn production numbers Tuesday that were revised upward to a bountiful 12.3 billion bushels, two areas of corn demand also saw an increase – the amount projected for ethanol use was increased by 150 million bushels to 4.1 billion bushels, and the corn for livestock feed was boosted 100 million bushels to 5.3 billion.

    Although the USDA estimates that more corn will go into livestock feed than any other use, these figures leave out another important statistic, according the National Corn Growers Association – the amount of livestock feed that will be produced from the same corn that goes into (is used for) ethanol.

    In fact, if the USDA projection holds true, then there will be an additional equivalent of 1 billion bushels of livestock feed derived from the corn for ethanol, in the form of distiller grains (25.3 million metric tons), corn gluten feed (2.6 million metric tons) and corn gluten meal (500,000 metric tons).

    “Critics lament how much corn goes into ethanol but often ignore the coproducts and calculate too high a figure,” said NCGA President Ron Litterer. “Distillers grains offer a high-protein feed for livestock and help us meet all needs.”     Reply
  • commenter
    nakedjaybird
    Aug 27 12:56 PM
    Ethanol: Our Answer to Reducing U.S. Dependence on Foreign Oil [view article]
    You want to see where billions of your tax dollars go? Payments to all kinds of farmers to do NOTHING!!

    farm.ewg.org/farm/dp_a...     Reply
  • commenter
    paulk8756
    Aug 27 12:52 PM
    Ethanol: Our Answer to Reducing U.S. Dependence on Foreign Oil [view article]
    It's going to be interesting to see how the new Congress defines "Pay-Go" if NObama wins the election.

    Let's see, two trillion for SS and Medicare, another for free health care (Esp. for illegals - Oh, sorry, excuse me, undocumenteds), a half trillion each for Green energy and tax giveaways (Excuse me, stimulus) to people who didn't pay taxes in the first place, and another trillion or so before the next election just in case we missed buying anybody.

    That about sums it up. Maybe we can pay for it by just skipping the funding for our national defense entirely. The Russians and Chinese would certainly favor that, not to mention the terrorists (Sorry, enemy non-combatants).

    Reply
  • commenter
    nakedjaybird
    Aug 27 12:35 PM
    Ethanol: Our Answer to Reducing U.S. Dependence on Foreign Oil [view article]
    Lies, lies, lies; and misconceptions galore.

    Regardless of the fuel, the ICE is only 30% efficient. We throw away 70% of the energy. Only 5 Quads of useful energy come from the 40 Quads of crude (5 Quads go to PLASTICS, ETC.; THAT MEANS ONLY 1/7 OR <15% IS REALLY USEFUL).

    So the answer is the burner* with waste heat recovery* that captures 90% of the energy* and makes it useful energy (as electricity*).

    Immediately, then, we've reduced our consumption to 7 mb/d from 21 mb/d of fuel. How's that for reducing crude (import and local)?

    Now that 1.5 mb/d biofuel looks pretty significant, doesn't it. And if we were to take the rest of the dryland farming community that gets paid to do NOTHING, and we put celulosic switchgrass, et.al., and canola where possible, etc., we can reach the 7 mb/d a lot easier than going for 21 mb/d which the roadblockers use as negatives, lies, etc.

    *So here we go again: A biofuel injected burner encapsulated with solid-state waste heat direct conversion to electricity devices powering a ChorusMotor and the only on-board energy storage device is the GRASS TANK; unlimited range; power of the Tesla; refuel at existing service stations with whatever % of biodiesel to ethanol desired. No drill, drill, drill (Houston) and no ICE, transmission (Detroit) and no capacitor, motive power battery, flywheel, etc (Storage).     Reply
  • commenter
    paulk8756
    Aug 27 12:33 PM
    Ethanol: Our Answer to Reducing U.S. Dependence on Foreign Oil [view article]
    "Live Green, Go Yellow." I never heard that one before. But it sums up the current status of America QUITE NICELY!

    It would take GM to come up with that. After all, they've got to do something to deserve the $50 billion handout the D's and their Green minions (or is that Greens and D minions?) have voted them.
    Reply
  • commenter
    David @ the
    Hybrid Car
    Show
    Aug 27 11:51 AM
    My Website
    Ethanol: Our Answer to Reducing U.S. Dependence on Foreign Oil [view article]
    Our energy and tax policy does not help. Preferential U.S. regulatory and tax treatment of ethanol automotive fuels introduces complexities beyond its energy economics alone. North American automakers promote a blend of 85% ethanol and 15% gasoline, marketed as E85, via their flex-fuel vehicles, e.g. GM's "Live Green, Go Yellow" campaign. The motivation is the nature of U.S. Corporate Average Fuel Economy (CAFE) standards, which give an effective 54% fuel efficiency bonus (which is patently untrue) to vehicles capable of running on 85% alcohol blends over vehicles not adapted to run on 85% alcohol blends. Reply
  • commenter
    Econ 101
    Aug 27 11:09 AM
    Ethanol: Our Answer to Reducing U.S. Dependence on Foreign Oil [view article]
    Corn based ethanol is energy negative. At 27 gallons per Acre how can a 10% gain really matter? Even a 100% gain makes it a farce.

    aoxomoxoa - we do have an energy policy in the US. It is: "send your money to Exxon et al".

    There are some bio techs out there that could make ethanol realistic, if only that the big oil guys dont buy it up and bury it.     Reply
  • commenter
    paulk8756
    Aug 27 11:06 AM
    Ethanol: Our Answer to Reducing U.S. Dependence on Foreign Oil [view article]
    You know, we taxpayers bailed out the broke corn farmers, which is where this inane product came from. Now they've got a world full of hungry mouths to feed, and can remain prosperous.

    But, no, not satisfied with that, this is how they repay us. Pigs at the government trough (81 cents a gallon's worth, not to mention milk at $4 a gallon), and nothing else!     Reply
  • commenter
    paulk8756
    Aug 27 10:56 AM
    Ethanol: Our Answer to Reducing U.S. Dependence on Foreign Oil [view article]
    Certainly, ethanol has a place in U.S. energy production. It's making it from CORN that's stupid.

    No amount of vote buying, lobbying, propaganda and poor science can change that. None of this alters the physical fact that it takes MORE energy to make the product than is DERIVED from it.

    This is simply a case of Medieval conjuring at work. Indeed, the Sun will orbit the Earth, we'll make gold from lead, and the ICE will run on water before corn ethanol makes economic sense!
    Reply
  • commenter
    petervankan
    Aug 27 10:51 AM
    My Website
    Ethanol: Our Answer to Reducing U.S. Dependence on Foreign Oil [view article]
    What is needed is
    1 using less energy
    2 switching to a vegetarian diet (healthier and 5 times more efficient)
    3 switching to electric cars

    Ethanol will be part of the bridge to the future, but only for perhaps 5 years.     Reply
  • commenter
    Jason Liu
    Aug 27 10:03 AM
    My Website
    Ethanol: Our Answer to Reducing U.S. Dependence on Foreign Oil [view article]
    While biofuels are currently still the only viable replacement for oil, few people believe that ethanol derived from food-based feedstocks (e.g. corn) is the answer to the energy problem. Its just too dependent on subsidies and inefficient to boot (there's a neutral energy balance for corn).

    What is the future is cellulosic ethanol (which uses non food-based feedstocks) . Energy balance and yields are significantly higher than traditional ethanol with the only problem being the expensive conversion process. That's why the U.S. DoE and companies such as POET are investing so much money into developing cellulosic ethanol. With government policies such as ten in twenty, ethanol will continue to grow in the U.S., but more so the 2nd generation biofuels such as cellulosic ethanol and BTL biofuels rather than traditional biofuels.     Reply
  • commenter
    Ernie
    Montague
    Aug 27 09:56 AM
    Ethanol: Our Answer to Reducing U.S. Dependence on Foreign Oil [view article]
    The answer to the energy crisis is not to produce more energy. It is to drastically alter our lifestyles and stop being the 10% of the world population that uses most of the energy. Stop driving three blocks to pick up a DVD. Stop living in 3000 square foot mansions for two people that need huge amounts of power to heat, cool, and run the appliances, including that energy inefficient sub zero. Stop using up the remaining oil that our children's children will need. Stop depending on God "technology" to come up with a miracle when we need it. Wake up and look around. Reply
  • commenter
    this Bud's
    for you
    Aug 27 09:29 AM
    Ethanol: Our Answer to Reducing U.S. Dependence on Foreign Oil [view article]
    We are paying farmers NOT TO GROW rice and their land is sitting idle while fresh corn goes from 10 ears per $1 to eat up to 2 for $1 per ear and my supplemental cattle feed has doubled in cost in one year. Hats off to Nunca Penoche and her ilk. Reply
Loading...
Symbols:
Authors:
Quick Links: