The best contribution that could be made by President Romney is to dismantle the EPA, a curse to our economy.
Want to kill ethanol then move 10 Presidential primaries before Iowa.
I remember getting into an argument with a liberal over this, and he poo-poo’ed me when I said it would raise prices. I’d like to laugh in her face now, but it’s not that funny.
EPA response: We’ll make you a deal. We’ll knock off the requirement for cellouse based ethanol.
(Yeah, we know ther is no such thing. But we will stop suing people who are required to use it but are not.)
Jimmy Carter’s legacy to America.
The recent drought in the corn belt has boosted corn futures and will affect the corn ethanol industry with higher prices. Despite lavish subsidies and tax breaks the price of ethanol has to go up and will be reflected at the gas pump in the price of ethanol blended fuels. Right now a 10% ethanol blend enjoys about a 10 cents per gallon price advantage over straight gasoline. If high corn prices reduce this price difference the market will quickly decide that ethanol isn’t worth the price.
I long for the day they get this sorry crap out of our gas!!! I have lost a lot of respect for the farmers and the political hacks who are responsible for the heavy handed way this was done. we should not be subsidizing anything!!