I disagree. We make plenty of corn. I’d rather burn that than buy foreign oil, regardless of cost. It’ll take 10 or more years to supply that oil from domestic sources.
F*** the Middle East.
If we stopped selling our “excess” corn to China and the rest of the world for almost nothing, Ethanol derived from corn wouldn’t even make a dent in the market.
I say, end farm subsidies. Watch what happens to food prices. Ethanol would be cheap as compared to fossil oil.
“We make plenty of corn. I’d rather burn that than buy foreign oil, regardless of cost.”
You of the cap-and-tax crowd that we do things regardless of it making economic sense are what is killing this country.
Just talk to the poor farmers in California who cannot farm as their water is denied them to keep alive small creatures who have zero value. Environmentalist will do things “regardless of cost”.