Alternate Fuels as an Investment
Jim Letourneau ( http://www.thebigpictureguy.com/ )
is a Calgary newsletter publisher on oil and gas energy for Tom Allen's Howe
Street Media ( www.howestreet.com). Jim was telling
the world to buy Uranium a couple of years ago at $12.00 and it is now over
$75.00, so he does not just stick to oil and gas.
I asked him about ethanol and he made the statement
that you could feed a person for a year with the amount of corn it would take to
make enough ethanol to fill a Hummer.. This was his follow-up to that
statement.
It goes along with my look at 'on
board' hydrogen generators for your car, another intersting idea you can see at
( http://www.supplementalhydrogen.net/ or
http://www.speedace.info/hydro_gen_hydrogen_gas_generator.htm )
david ingram
----------------------
Jim Letourneau, P.Geol. wrote:
David:
Thanks again for the fun interview at the Vancouver Cambridge House
show. I couldn't remember Lester Brown as the source of the "feed a
person for a year or fill up a Hummer" anecdote.
http://www.bigpicturespeculatorblog.com/2007/06/lester_brown_po.html
Of course maybe he made that up so I did some quick research:
How much corn is needed to make ethanol?
For every one bushel of corn, approximately 2.7 - 2.8 gallons of
ethanol is produced.
The Hummer HI has a 53 gallon tank which means that 19.27 bushels of
corn are used to fill the tank at 2.75 gallons/bushel.
Corn can weigh anywhere from 45-70+lbs/bushel. Using 56 lb/bushel
(http://www.unc.edu/~rowlett/units/scales/bushels.html) leads to 1079
lbs of corn being used to fill a hummer tank.
An ear of corn weighs anywhere from 5.4-9.6 oz. so if we use an 8oz
ear of corn we get 2158 ears of corn. That would give a corn eater 5.9
ears a day to live on.
There is certainly room for tinkering with these numbers but I think
the numbers make sense.
take care,
Jim
--------------------------------
david ingram replies
I looked up a couple of sites as well because of your comment and found a dozen references with different quotes, most of which seemed to think that a 25 gallon fill up would feed a person for a year.
Try http://www.enviroblog.org/2007/04/feed_the_hummer_forget_the_hun.htm
and http://www.treehugger.com/files/2006/07/lester_brown_ethanol.php
and http://www.benking.co.uk/blog/?p=53
and this letter re the Brazil story. The writer suggests that 10% of brazil's actual energy comes from ethanol while CNN's report suggested that 50% came from ethanol and some reports were suggesting 100%.
http://robertrapier.wordpress.com/tag/brazilian-ethanol/
I have been running all our cars on MOHAWK 10% ethanol for four years now.and wonder if that is really the way to go now.
It takes 1.56 litres of ethanol for the power of 1 litre of gas and I notice that my old caddys get 5 km a litre with the ethanol blend and 6 with straight shell gas. HMMMM?!
It is all something to think about.
----------------------------------------------
David
Ingram wrote:
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hour). Please note that GST is added if product remains in Canada or is to be
returned to Canada or a phone consultation is in Canada.
This is not intended to be definitive but in general I am quoting $800 to
$2,800 for a dual country tax return.
$800 would be one T4 slip one W2 slip one or two interest slips and you
lived in one country only - no self employment or rentals or capital gains - you
did not move into or out of the country in this year.
$1,000 would be the same with one rental
$1,200 would be the same with one business no rental
$1,200 would be the minimum with a move in or out of the country. These
are complicated because of the back and forth foreign tax credits. - The IRS
says a foreign tax credit takes 1 hour and 53 minutes.
$1,500 would be the minimum with a rental or two in the country
you do not live in or a rental and a business and foreign tax credits no
move in or out
$1,600 would be for two people with income from two countries
$2,800 would be all of the above and you moved in and out of the
country.
This is just a guideline for US / Canadian returns
We
will still prepare Canadian only (lives in Canada, no US connection period)
with two or three slips and no capital gains, etc. for $150.00
up.
With a Rental for $350
A
Business for $350 - Rental and business likely $450
And an American only (lives in the US with no Canadian income or filing
period) with about the same things in the same range with a little bit more if
there is a state return.
Moving in or out of the country or part year earnings in the US will
ALWAYS be $800 and up.
TDF 90-22.1 forms are $50 for the first and $25.00 each after that
when part of a tax return.
8891 forms are generally $50.00 to $100.00 each.
18
RRSPs would be $900.00 - (maybe amalgamate a couple)
Capital gains *sales) are likely $50.00 for the first and $20.00
each after that.
Just a guideline not etched in stone.
This from
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