We have oil refineries here already. In fact, there's a big one in south jersey. As it stands, we already are using fuel from our own country,and combining it with the fuel we have to import, because we really don't have a whole lot. the problem is, having enough for "the better part of a century" doesn't help us at all when we run out of fuel in after "better years". Sure, great, if we used it all now, it would be cheap for us again, then we'd get old, and then we'd have to listen to our grandchildren bitch about how they don't like the civic hybrid you, grandpa dearest, chipped in to buy for them, cuz it's slow, and they want a car like grandpa had back in the "better part of the century" (but not grandpa's POS ford.... they'r talking about his f-body, when it ran, you know, like when it didnt have a whole in the block,
) and you'll have to tell him you to shove it, even though gas is 5 dollars a pint, because we used up all of our own reserve fuel, and the arabs won't import to us for any less.
So let E85 have a run. We've all got gasoline powered cars, and we'll probably all be too broke to go out buying e85 cars and hyrbids. But if half the world is gonna hop on the tree hugger bandwagon, kill off some corn and make some fuel, and lessen the demand for fossil fuel, then let them. Because when demand increases, so does the price. No one is forcing you to run your car on better crocker's cooking lard or whatever other fuel we come up with. but damnit, if it minimizes the need for gasoline, let it catch on for some percent of the world.