Message-ID: <19969144.1075862355271.JavaMail.evans@thyme> Date: Wed, 10 Oct 2001 05:41:38 -0700 (PDT) From: j..kean@enron.com To: rkean@starband.net Subject: RE: Ethanol Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Kean, Steven J. X-To: 'Robert Kean' X-cc: X-bcc: X-Folder: \SKEAN (Non-Privileged)\Kean, Steven J.\Sent Items X-Origin: Kean-S X-FileName: SKEAN (Non-Privileged).pst I'm not sure. A couple of theories: refining capacity is limited because of environmental barriers to new refinery construction; second, in the absence of government subsidies I think ethanol is uneconomic (and with continued low crude prices and an antisubsidy mentality in Washington, it's unlikely to get better soon). In other news: Melissa's mom called last night. Francis is dying. He was slowly going with congestive heart failure and now has renal cancer which has spread to his liver. He has had a great life and is well into his nineties. He is mostly sleeping now and Norma will be getting a hospice nurse today. Norma seems fine (this has been coming for a while), but of course no one is ever ready. He has stayed himself to the end: when Norma was helping him get back in bed after he had fallen, he told her: "I don't think we"ll be having sex today." -----Original Message----- From: Robert Kean [mailto:rkean@starband.net] Sent: Tuesday, October 09, 2001 10:20 PM To: Steve & Melissa Kean; Steve & Melissa Kean Subject: Ethanol Steve, What is the big obstacle to large-scale ethanol production? The cost of the refineries? It seems that it would be a natural to make us less dependent on foreign oil. Rob