Does it? Because it takes 1.3 gallons of oil to create just one gallon of ethanol. (Ref: Popular Mechanics: The Ethanol Fallacy) So if it takes more oil to produce ethanol then were not saving oil, were wasting it. That doesnt reduce our dependence on foreign oil. It does create jobs, well give him that, but at the expense of other jobs because were paying people to waste oil, essentially wasting money, so you tell me if thats a worthwhile job.
So heres the Secretarys logic: its too expensive to raise livestock because feed prices are so high. Feed prices are high, in part, because of biofuels, but we absolutely shouldnt give up on biofuels. So in his eyes, its better to not have food or livestock than to not have a boondoggle of a fuel source. Our future is in good hands.
Liberalism is a mental disease that rots out the brain.
This is just another classic example.
And there are people in Iowa who would still vote for this man.
This is the same Admin that gave 1.9 million to GW University for a program that will save them 1.7
He’s a;ways been an idiot
No one will ever be able to convince me that government subsidies that encourage burning food as a motor fuel is good economic policy.
The corn lobby gets what they pay for.
Not only does it take more energy to produce a gallon of ethanol than you get from using it as fuel, ethanol also reduces gas mileage roughly in proportion to the % of ethanol in the blend. Hence using a 10% ethanol/gasoline blend in your car reduces gas mileage by about 10% or more. Flex fuel vehicles that can run on an 85% ethanol/gasoline blend get abysmal mileage using E85. A few years ago the State of South Dakota quit using E85 in its flex fuel fleet because the low miles per gallon made operating the vehicles too expensive even though E85, thanks to subsidies and tax breaks, sells for almost 25 cents per gallon less than gasoline.
When the price of gas at the pump starts going up because of the direct cost of the ethanol, maybe we will get rid of this idiotic experiment.
The Ag Dept has been all over the place saying the drought is only going to raise food prices 3 or 4%. Hah!