[Toddsterpatriot]

Thanks. I wonder if our farmer will come back with proof that the ethanol tax credits give a 20 or 30 to one benefit in lower prices?

What do you think, ignoring the cost of the tax credit and the market dislocations, do you think ethanol has given us a lower price at the pump?

[thackney]

ignoring the cost of the tax credit

I don't know how to do that or the mandates of consumption. They so greatly distorted the market for the product and pricing. The tax credit discounts 1/3 the current price and the mandate effectively triples(??) the demand.