[AdmSmith]

Why pay for other countries fuel?

[captnorb]

Our congress at work.......Term limits; PLEASE!

[AdmSmith]

ping

[Texas Jack]

When the Clinton administration mandated that every gallon of gasoline would contain 10% deathanol, the oil industry (refiners, distributors, retailers) said the by doing so, the costs of a gallon of gasoline would increase by 65 cents.

I suspect that by now, that figure has increased considerably.

Plus, that does not take into account the huge subsidy that we also pay to the deathanol producers.

Congress has legislated the American public into a surreal world of energy dependence on foreign governments; they have successfully crippled the only partially "free market" economy in the world.

And now, the law of "unintended consequences" takes effect with soaring food prices world-wide.

Bowing to the "greens" will eventually starve millions to death, thus my name for mandated dependence on ethanol: DEATHANOL.

[org.whodat]

Why pay for other countries fuel?

So the oil future traders get rich and stick it to you. Many here support the concept.

[Oshkalaboomboom]

The disgusting thing is that they know which companies are doing it and yet they still let them get away with it. Do you really need to pass another law just to stop a blatant scam?

[Revelation 911]

are any companies named specifically ?

[ovrtaxt]

This is ridiculous. We need to march on DC and threaten these idiots with an uprising.

[SunkenCiv]

That means each tanker-load that makes the dash nets importers about $9 million dollars in tax credits from the IRS. Lawmakers have estimated its cost to Americans at tens -- or even hundreds -- of millions each year.

Tax dodge. Thanks AdmSmith.

[SunkenCiv]

Oil companies spend more on taxes than on oil supply development
American Thinker | June 13, 2008 | Christopher Alleva
Posted on 06/13/2008 1:25:37 PM PDT by neverdem
http://www.freerepublic.com/focus/news/2030749/posts

[TKDietz]

“Biodiesel is produced abroad using South American sugar cane...”

This author has confused biodiesel with ethanol. Ethanol is what is produced with sugar cane. The blender's credit is a lot lower for ethanol than it is for biodiesel, but this article is only talking about biodiesel, which is made from soybeans here typically and from oil palms where they can grow those.

[KarlInOhio]

Has anyone investigated the legilative history of this subsidy? Someone put into a law that 0.1% American production was sufficient to make the entire load eligable for a $1/gallon subsidy. That Congressman is either stupid or crooked. I would like the name for that person.