Gentlemen, The number of refineries, the amount of R&D, or Alasken oil is not going to stop the price of gas from climbing. Two thirds of the worlds oil reserves are in the middle east (OPEC), 3% are in Alaska, the United States consumes half of the worlds production of oil. China has the largiest population and one of the fastiest growing ecomonies there is. China is buying cars and using oil. GM is going to manufacture cars in China. They are not going to be riding bicycles much longer.

I googled "ethanol" It appears that the price of ethanol has followed the price of gas. Two years ago the price of ethanol was 1.40 a gal, now it's 2.75. Archer Daniels Midland is big on ethanol they have 2-3 plants being built to produce more. They intend to produce 1.5 billion gallons. My 2 cents for the day.

Larry

Ignorance can be fixed Stupidity is forever