Hurry Up Error?

Said in 1925
“Does the average citizen understand what this means? In from 10 to 20 years this country will be dependent entirely upon outside sources for a supply of liquid fuels … paying out vast sums yearly in order to obtain supplies of crude oil from Mexico, Russia, and Persia.” — Yale Professor Harold Hibbert, ethanol promoter.

But
There is increasing evidence that ethanol is destroying engines [BusinessWeek].