Some several months ago, George Soros must have realized his 'butt-buddy' "Clown Prince ZERO-bama, the Narcissist" is not the shoo-in for re-immaculation that he had previously supposed! Of late, he's been trotting the "Clown Prince" out to propose all manner of unusual--to say the least--proposals to end whatever topic is the kerfuffle-of-the-day.
The latest "clown-ism" proposed is that we 'manufacture' petroleum from algae. Federally subsidized research has been on-going for several years. This latest attempt to co-opt a federal program as his own, illustrates "Clown Price ZERO-bama, the Narcissist's" loss of reality:
1. The federal government's record (from either party) on 'manufactured' petroleum--either as diesel or as gasoline substitutes--is dismal, at best. Bio-diesel has been on the worldwide fuel 'landscape' since 1853!! The fuel source preceeded Rudolf Diesel's first working model by some forty-years.
In 2008, bio-diesel had less than one-percent of the U.S. diesel fuel market.
2. Ethanol started out life in 15th century Scotland as 'moonshine' whiskey. In the modern era, Henry Ford's first working auto--his Quadra-Cycle--was developed to run on pure ethanol.
In the 1940s--during WWII--the U.S. Army built ethanol plants to provide fuel for mid-west regional military fleets.
Since 2003--starting in California--ethanol has been mandated as the replacement for MTBE to oxygenate motor fuels.
Without federal subsidies, the corn-ethanol industry would have gone the way of the dinosaur. Currently that subsidy amounts to $1.01 per gallon to the manufacturer. Corn-ethanol directly competes with all those starving kids you see from the planet's various third-world ratholes.
George Soros' proposal of algae-for-fuel is not a new concept! The Oceanic countries of Australia and New Zealand are at the fore of research, development and production as it relates to jet fuel. While there are positives involved with algae production theory, the very concept of algae-for-fuel has a multitude of problems:
1. High-oil-content algae--when grown in an 'open pond' system--is highly susceptible to wind-born contaminents, changes in the Ph levels, swings in temperatures.
2. The 'closed loop' (sealed-not exposed to the atmosphere) system necessary to cultivate the high-oil-content algae is not only far more expensive, it requires an on-going source of cheap, sterile CO2.
The United States currently subsidizes algae-as-fuel development with $85 Million. If "Clown Prince ZERO-bama, the Narcissist" really believes this represents the future of biofuels in America, why just a 16.4% ($14 Million) increase in taxpayer investment?!?
With owe-bama's lies--to the University of Miami's student body--promoting his support of oil exploration, recovery and production, one oil industry executive tells 'the other side' of said lies:
Bruce Vincent, President of Swift Energy-"These have been the most difficult three years from a policy standpoint I've ever seen in my career. They've [the current regime] done nothing but restrict access and delay permitting."
Washington Examiner columnist Michael Barone comments: "We've prohibited a pipeline, the safest way to transport oil from Canada, but we're aiding Mexico in off-shore drilling, which is riskier, by a firm that lacks the experience of U.S. firms we've been trying to prevent drilling in the same body of water. Does this make any sense at all?!?"
'Nuff said, Mr Barone!!
'Splain to me again why YOU elected this Arschloch?!?