Replies

To: thackney

As I have said before, there is a place for ethanol. But the “Boondoggle” over the blending credit has created a bubble.

All renewable energy is that way. There is a place for biodiesal also, but mandating it drives the market upside down.

19 posted on 01/03/2014 6:00:56 AM PST by redgolum ("God is dead" -- Nietzsche. "Nietzsche is dead" -- God.)

To: redgolum

But the “Boondoggle” over the blending credit has created a bubble.

Fortunately that mess finally ended two years ago.

Volumetric Ethanol Excise Tax Credit (VEETC)
http://www.afdc.energy.gov/laws/law/US/399
Expired: 12/31/2011

mandating it drives the market upside down.

Yep. That is the next beast to slay.

24 posted on 01/03/2014 6:07:36 AM PST by thackney (life is fragile, handle with prayer)

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