Posted on 12/30/2015 5:05:11 PM PST by iowamark
The use of ethanol should be a choice not a mandate!
(Personally, I choose Irish ethanol.)
Gas for my SI IC engines, Ethanol for medicinal purposes.
I don’t want ethanol in gasoline anywhere near my small power equipment (principally chainsaws). As a result I’m paying over $10/gallon for 98 octane non-ethanol fuels.
Sounds good. Free market. Conservatism. Liberty.
Great, I agree completely. So, when will Cruz stand up and demand an end to subsidies to the oil and gas industry?
So, yes, it'll be interesting.
With oil so cheap, ethanol subsidies are a terrible waste.
"So, when will Cruz stand up and demand an end to subsidies to the oil and gas industry?"
Oh, any minute now. /sarc
Excerpt: “We appreciate America’s Renewable Future’s [ethanol advocate group] focus on fairness and market competition and welcome their endorsement of Ted Cruz’s Simple Flat Tax Plan which eliminates all energy subsidies....”
“His plan eliminates all loopholes, stops corporate welfare, and specifically allows every company, including ethanol producers, to immediately expense all of their capital costs, treating everyone fairly, without subsidy. Ted Cruz believes the tax code shouldn’t pick winners or losers in the market and that all industries should compete on a level playing field.”
...Cruz spokeswoman Catherine Frazier fired back: “Cruz has consistently supported ending subsidies across all energy sectors, and his tax plan would do just that.”
“All that remains in terms of subsidies/exemptions in his tax plan are the Child Tax Credit and the Earned Income Tax Credit, as well as existing deductions for charitable contributions and mortgage interest payments”, she said.
...”Cruz’s tax plan also allows every company, including ethanol producers, to immediately expense all of their capital costs — treating everyone fairly, without subsidy.”
Yeah, they may be the worlds producer of corn based ethanol,but corn is not a good plant to use for it. The return on investment is poor. Time to change to switch grass and other high yield sugar plants. Besides when corn was introduced and picked as a winner by the USG the price of corn went up 400% because of scarcity and price fixing. Time to get off the government money train and allow corn to feed us not drive us.
And end the EPA dictate that gasoline for vehicles contain 15% ethanol ?
Didn't see that, plus, what Ted endorses and what Ted will settle for are two entirely different things, just like his being against TPP but advocating TPA which makes it much, much, easier to pass TPP.
Ted's a lawyer, he'll behave and horse trade just like a lawyer if President. What he does for PR reasons in his first (still incomplete) term in the Senate as a springboard to the Whitehouse is no indication of what he'd do in office.
You want Ted, fine with me, but I've had enough of elite Eastern university trained attorneys who give good speech and don't deliver a damn thing. Congress is full of them.
People were head over heels in love with a lot of those Congress critters when it was speech making time, too. Now ? They behave just like the lawyers they are willing to go along to get along with whoever has the money to pay them.
bfl
Idiot! You can piss in my tank if it will work and I don't have to subsidize it. Were you born brain dead?
Ethanol ruins your engine if it is in too long. I just saw an engine that sat too long with four stuck intake valves.
I think the subsidy has long since expired.
I believe the subsidy has expired.
IMO, corn is for food, not energy.
I doubt you eat hybrid feed-corn. Now they feed the spent mash to livestock, and claim the processed meal is more nutritious than the cracked corn.
So now they get two products, alcohol and cattle feed.
So, why did beef triple while pork is still cheap? Cattle and hogs both consume corn.
The ethanol subsidy has expired.
But the EPA-enforced Replacement Mandate remains in place. And ethanol is presently more expensive than gasoline, plus requires more expensive handling -- shipment by truck or RR, rather than pipeline, for blending at distribution terminal (due to its hygroscopic nature).
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