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To: epow

It was 45¢ per gallon and that tax credit ended 2011.

http://www.afdc.energy.gov/laws/law/US/399


54 posted on 07/10/2013 8:13:51 AM PDT by thackney (life is fragile, handle with prayer)
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To: thackney
I'm glad it ended, but IIRC the article I read said $1.05 total credit to big corporate corn producers and ethanol refiners combined. It looks like one of us read an incorrect article. I'm pretty sure that the article I read a year or 2 ago was posted on FR or some other online source. I don't remember who wrote the article or what publication it was in originally, so it may have been incorrect or out of date.

Whatever the total cost was, IMHO it was a rip off of anyone who uses a gasoline engine. Ethanol totally ruined a leaf blower and a a string trimmer, and it damaged my chain saw before I knew what was causing the problems I was having with those motors. I now pay $4.39 per gallon for ethanol-free gas so my yard equipment and won't be ruined, and that's $1 more than unleaded regular gas in this area.

62 posted on 07/10/2013 9:29:20 AM PDT by epow ("It is the duty of the patriot to protect his country from its government." Thomas Paine)
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