Thank God.
Markets should determine winners and losers, not government mandate. Let the political chips fall where they may.
Biodiesel isn’t commercially viable with today’s oil prices. Ethanol really isn’t either, but it comes much closer than biodiesel.
The government mandated market made money for ethanol producers in early, but I don’t think any biodiesel production made money even with government mandates, except for researchers and selling to the Defense Dept, etc.
Next, the damn windmills.
It appears Jazz Shaw has no idea that biodiesel isn’t the same thing as ethanol!
Good. If you have to take my tax dollars to run your business, and the tax dollars stop, start a different business or get a yob.
Hi.
They could have made whiskey.
5.56mm
Screw the ethanol lobby.
How is this a headache for PDJT?
We were traveling through Iowa a couple of months ago and noticed that all of the gas stations were pushing ethanol. Several options were available; different grades. Not surprising considering the corn fields were endless.
I forgot to check the price. But price, of course, is misleading because ethanol is subsidized.
Greta should send her death stares at the ethanol lobby. Double whammy. They’re depriving starving children around the world of corn and providing fuel to evil SUVs.
The 1st farmers that discovers corn can be eaten or crop rotation should make out all right......./s
also on a side note....ethanol free gas will save BILLIONS in small engine repairs and destruction!
also..we must remember that “ethanol” came about by another great Government “Proven Science” boondoggle...Peak Oil...
There’s overcapacity because of incentives given in the past (Obama), this is how free markets should work. Smaller plants are especially inefficient but when it’s free money, who cares?
My old tractor wants 93 octane and I can’t find it anywhere. Nearest is 91.
Wish that I was on ol’ Rocky Top
Down in the Tennessee hills
Ain’t no smoggy smoke on Rocky Top
Ain’t no telephone bills
...
Corn won’t grow at all on Rocky Top
Dirt’s too rocky by far
That’s why all the folks on Rocky Top
Get their corn from a jar.
Making fuel from food is pure folly. A 25 gallon tank of pure ethanol requires 450 pounds of corn to produce. This equates to roughly the number of calories to feed someone for a year.
Also, the amount of energy required to plant, plow,irrigate and harvest the corn and process it into ethanol is almost exactly equal to the energy in that same ethanol. There is no net gain in available energy.
Without taxpayer subsidy, ethanol is a looser. It amounts to welfare for farmers and the producers of the ethanol. It represents a cost to consumers. When ethanol was approved as an additive to gasoline one of the selling points was it helped make the U. S. less dependent on Arab oil sources.
Fraking has now enabled us to not only be energy independent, but the largest oil and natural gas producers in the world. We now export both crude oil and natural gas. We have no real need for ethanol at all and the misery that it causes for every small engine owner.
Ethanol bad, Butanol good.
Butanol is much closer to gasoline for BTU content and hydro affiliation. It can also be made from non-editable stocks.
Well, Bye.
This junk fuel was born sometime in the energy crisis, died in the mid-80s, was reborn about 15 years later by little George probably just pandering to money at ADM et al and then is being rightfully killed once again by Magnus Trump.
Anybody that invests in an artificial, regulation borne or tax supported business should eventually get what he deserves, a burn down.
Coal Bed Methane was another crock of crap that was only viable with tax incentives. Some things the gubment should just stay out of. Politicians can’t help themselves though when there is lobby money at stake.
I will be very, very happy when the last ethanol plant closes. Almost all of us will be much better off.
It’s not truly a “private market” if your buyers are mandated to purchase your product. If you gamble on that, you have to accept that the laws could change, and you will be left high and dry.
Subsidies: cash grants provided to keep bad ideas from dying off.