Gas might be as high as $5.00 by the end of summer if oil stays at $125

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May 18, 2008 | 01:17 AM

#46

FUTURE_OF_GM

Registered User

Joined: Nov 2001

Posts: 632

From: NC

Quote:

Originally Posted by mcsslover1987

I think using any food for fuel is rediculous and E85 ethanol should be outlawed unless they can make it from some kind of waste. Just my .02

Processes are being developed to make E85 from the stalks as opposed to the corn itself. So, not all is lost at least.

May 18, 2008 | 08:08 AM

#47

Z28x

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Registered User

Joined: Jan 2000

Posts: 10,285

From: Albany, NY

Quote:

Originally Posted by FUTURE_OF_GM

Solar is a joke.

New Panels have a 20 year warranty, assuming the price of electric stayed flat, it would take 15 years to pay off in NY state (we have some state tax rebate programs) As electric cost go up, which they will, the break even point shrinks.

I've already looked into it for my 3 car garage I want to build. If I do a 15 year home equity loan the monthly payment will be about what I save of electric each month (averaged out over the year). With oil climbing all energy sources are expected to go up. Plus it would be nice to have some off the grid capability.