Oil prices become a non factor when Ethanol can be produced from no cost waste products. Ethanol becomes the fuel of choice when production is guaranteed and not contingent on drilling the right hole in the right place at a high risk/cost factor. Cleaner, environmentally friendly, eliminating hazardous wastes, etc, etc. Also, a facilty can be built virtually anywhere, and I bet that is only the half of it. Electrical energy may be a bi-product, thereby eliminating high cost nuclear plant expansion as well.
Need I say more?