Disconnected ramblings:
A couple of vehicles back I bought an E85 capable pickup. There was an E85 station on the way to Cabelas that I'd fuel at, along with one within distance of work. I could easily feel the horsepower loss and fuel mileage dropped significantly. But I figured I was doing my engine and the environment a favor. Boy was I wrong. At 25,000 miles the very expensive (for vehicles) spark plugs were done in. I traded the truck in shortly thereafter.
Early this century I was hunting with a friend who at the time was a senior vice-president for Chevron in Anchorage. Curious to understand the truth about oil production I steered our evening conversations in that direction. Although I could never quite get him to come right out and say that there was plenty of crude remaining, he did tell me that the perceived "shortage" of oil today is actually a shortage of refinery capacity. He further explained that refineries are so expensive to build it takes a decade to recoup the construction cost, and because the Feds view on oil (and hence their regulations) have been so unpredictable the oil companies have decided not to build any new refineries.
