You guys bring up an interesting point about fuels derived from crops (Ethanol, Bio Diesel) vs. fuels from fossil remains (oil).
One important factor not mentioned about burning fuels derived from current crops is that you are extracting Carbon from the soil by using the fibrous plant parts, but oil from deep underground does not affect our topsoil.
Additionally, Corn, Soybeans and other crops are government subsidized and artificially inexpensive for fuel use due to Ethanol tax breaks, etc..
Additonally, a great deal of fuel and coal was needed to make, ship and operate the tractors, combines, trucks,etc. to plant and ship the bio-fuel raw materials.
Losing carbon from the topsoil depletes the soil and leaves it less able to hold water and properly hold and release plant nutrients and resist erosion. The Dust Bowl was a result of soil depletion.
Measured in "Carbon Years", the organic content of soil can be thought of as the result of a large tree dying and fully decaying in 20 years into the soil with in it's drip line. That is 20 Carbon Years of organic matter in the soil. When we plant and harvest fibrous crops like Cotton, each harvest removes 12 Carbon Years from the soil. So, 2 years' cotton harvest would take over 20 years of waiting for that tree to break down. It does not take many cotton harvests for the soil to lose all it's organic matter - and that is the end of crops for that area for a very long time. (Note that areas like the Mississippi Valley flood frequently and leave nutrient-loaded silt, so they got away with Cotton longer than say, KS, Neb, OK are going to.) The cane and corn crops use 4-5 times the amount of carbon as wheat. If, instead of plowing the wheat straw back in, send it to be fremented, you lose much more carbon years per harvest. Wheat and grasses generally remove only 1 carbon year per harvest, and if left fallow, put another year back.
Sooooooo..... the long term use of crops for oil product replacements will deplete the soil. Only removing the edible portion of crops allows most of the carbon to go back into the soil. We need some other answers for the long term.
On top of all this, if crop-based fuels were good for the environment and economy, etc., you would be trading being at the mercy of a dozen or so oil magnates to being at the mercy of 2 or 3 large corporations, such as Archers-Daniels-Midland.
John