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To: SunkenCiv

Your reference for “complete falsity”?

Can you better quantify how much petroleum goes to subsidize fuel ethanol?


20 posted on 03/12/2012 7:18:00 PM PDT by HiTech RedNeck (Sometimes progressives find their scripture in the penumbra of sacred bathroom stall writings (Tzar))
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To: HiTech RedNeck

Petroleum doesn’t subsidize fuel ethanol. There’s an oxygenation requirement for gasoline sold in the US, rather a series of them, and most states have banned the petrochemical MTBA because it shows up in the water etc, while ethanol does not. I’ve never seen anyone call MTBA out for being the product of a federal subsidy. But if ethanol is considered to be subsidized because of a floor price, then the subsidy is actually going the other way, since most ethanol produced in the US (and imported) is going directly into gasoline.

http://www.ers.usda.gov/AmberWaves/March09/Features/FertilizerPrices.htm

[snip] Fertilizer price volatility affects the profitability of corn and small grains, where fertilizer accounts for a relatively large share of production costs, compared with that for soybeans and cotton. [/snip]


32 posted on 03/12/2012 8:07:55 PM PDT by SunkenCiv (I come to bury Caesar, not to praise him)
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