Tuesday, February 07, 2006

The Journal Sentinal had this article about President Bush's plan to reduce our dependence on foreign crude oil by developing biofuel technology. According to the President "America is addicted to oil". The president's plan is to have competing technologies in six years. As the article states this requires companies to make engines and fuel systems that can handle higher Ethanol content. Since I work for a company that makes its own engines and fuel systems, I know that we would need to start working towards this now if we expect to be ready for new fuels in 6 years. Another interesting point made in the article is that the rise in oil prices has made ethanol based fuels competitive even without their $0.51 per gallon subsidy.

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