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Farmers Hit Hard As Trump Backs Big Oil
Oilprice.com ^ | 04-04-2018 | hoi

Posted on 04/04/2018 2:48:40 PM PDT by bananaman22

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To: samson7

Hahaha..I did the math!

For openers, the higher cost of buying an electric car paid for my gas for 50 months!

Next, Oil changes...I get free oil changes from dealer for 3 years on my compact car which averages 38 MPG in mixed driving.

Next, My radiator fluid is good for 100,000 miles. No cost!!

Next, convenience... there are a million gas stations in the country. In 7 minutes I fill full tank of gas. Your electric car will take several Hours IF YOU FIND A CHARGING STATION.

Next.. cost of installing a battery charging system at home?? IDK but not free.

Next.. depending on where you live, in some locations cost of electricity is very high. Example, Chicago, CA, NJ, CT etc.

I am not saying everything is positive for one side. But after careful research, I bought a gasoline powered Spark LS for $10.4k brand new with automatic, A/C, Radio, PS, PB, rear camera, and more.


61 posted on 04/04/2018 6:47:08 PM PDT by entropy12 (30 Million low wealth, low skill LEGAL chain migrants in 25 years is growing EXPONENTIALLY..)
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To: bananaman22

I think they mean ethanol agribusiness.

Tough. Grow food


62 posted on 04/04/2018 8:18:45 PM PDT by Chickensoup (Leftists today are speaking as if they plan to commence to commit genocide against conservatives.)
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To: bananaman22

It’s past time for the corn farmers to be restrained from their windfall profits that ensued from Ethanol, which costs more to produce than gasoline and uses extreme amounts of water.

Ethanol also caused the price of feed for cattle and hogs to rise, due to corn being diverted to produce the inefficient fluid that has ruined so many small gasoline engines.

Therefore, ethanol has also resulted in increased prices for consumers of beef and pork.

KILL ethanol!


63 posted on 04/04/2018 11:47:24 PM PDT by octex
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To: bananaman22
The oil refining industry hates the law, because it forces them to pay for biofuels or pay for credits in lieu of blending ethanol into their fuel.

IOW, they are being forced into diluting their product so money flows in other directions - that explains why the cheaper to produce non-ethanol "pure gas" costs more than the costlier crap.

64 posted on 04/05/2018 3:13:47 AM PDT by trebb (I stopped picking on the mentally ill hypocrites who pose as conservatives...mostly ;-})
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To: mplc51
Farmers will go belly up soon, corn, soybeans and pork.

I'll trade farming for industrial production all day long.

PS: soybean futures are up. Link here.

65 posted on 04/05/2018 3:34:38 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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Comment #66 Removed by Moderator

To: Georgia Girl 2

I’ll repeat. There is no law mandating fuel ethanol from corn. If making it from cane and sorghum is superior economically, where can one invest?

I have years of experience with fuel ethanol distillation on a commercial level. Trick question: Sorgum/milo feedstock is barely competitive with corn and essentially interchange with it, but is only a secondary feedstock. I am unaware of ny fuel ethanol production in the US using cane. I don’t even think there is any using sugar beets.


67 posted on 04/05/2018 10:44:12 AM PDT by jjotto ("Ya could look it up!")
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To: octex

Corn is at or below cost of production. Corn acres planted are being reduced this planting season. No ROI for the average producer.

Corn supplies will shrink rather than become cheaper for meat producers because that’s where the market is now.


68 posted on 04/05/2018 10:48:40 AM PDT by jjotto ("Ya could look it up!")
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To: ClearCase_guy

Don’t forget the black farmers also. They will need handouts.


69 posted on 04/05/2018 10:51:34 AM PDT by bmwcyle (People who do not study history are destine to believe really ignorant statements.)
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