“If oil wasn’t subsidized, ethanol would be comparitively cheaper.”
The nonsense of your position is obvious to all.
The subsidization of ethanol directly via credits and indirect via mandates is inconsequentially small in the oil and gas sector as compared to that given ethanol.
I am speechless as to why you think making oil cheaper would impact the competitiveness of ethanol.
In Economics 101, making a competitive alternative cheaper gives one less reason to invest in something as the alternative is what people would buy.
You are still ignoring what I said.
OIL COMPANIES ARE SUBSIDIZED. They are subsidized with tax breaks. My position is to remove them, impose tariffs on foreign oil and allow the ethanol to compete with no subsidy.
I’m giving you the benefit of the doubt and assuming that you just can’t see well.
The tax credits and depletion allowances oil
companies get on oil operations are 15-20
times what that ethanol blending credit is,
so they get helped at about the same or higher
percentage as ethanol does. And the ethanol credit
is being brought down.It all should go as the ethanol
plants can take 45 cents less for ethanol from
oil guys and part of them wouldn’t drop it at all
as they need the volumne.Every ethanol gallon represents
about $4.30 of feed and ethanol product and if
45 cents was cut they’d still be operating. It won’t
hurt them.
The tax credits and depletion allowance for other oil company operations should be kept as they are needed
to help develope new supplies.
Your other silly post about me being liberal is a joke.
I’ve been a conservative logger and farmer, now a
wildcat cartridge redneck gun nut. I supported the
Klamath farmers against the greens who shut off their
water, with time and money.Iown the Klamath bucket
brigade Michigan bucket.
Ive been in the ethanol squabbles on FR for 3 years
now, and here we are talking transportation and energy,
and just because I think ethanol is a good way to
improve gasoline burning cleaner, believe in road
taxes for road upkeep, believe in k-12 education that we
all work to pay for, doesn’t make me a lib.
Just google hubel458.
A 4billion credit that saves us that much cash at the
pump every 3 weeks, and our motors run cleaner——
is the same as paying road tax to have decent, passable,
smoother, roads, that also cut the repairs on my vehicles
by more than what road tax I pay.
Some of you seem to cut off your nose to spite your face
with some these issues. Ed Hubel