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[email protected][_2_] trader4@optonline.net[_2_] is offline
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Default Ethanol subsidies and tariffs end

On Dec 28, 7:08*am, "Stormin Mormon"
wrote:
From what I can figure, ethanol in gasoline is a bit loser, on so many
fronts. Takes food out of the food chain, and actually uses more energy than
it replaces. And I find that ethanol gasoline gets lower mileage. I'm
encouraged, that we're doing less to push the ethanol crap on our people.


Think of the children! The starving children, all around
the world that have less food to eat because the diversion of
crops to ethanol has caused food prices to skyrocket. Funny,
I thought the environmental libs were the ones looking out
for everyone....






"HeyBub" wrote in message

m...
"Lost in the hustle and bustle of the holiday season, Congress has quietly
ended subsidies on ethanol fuel as well as ending a special import tariff on
Brazilian ethanol. The ethanol subsidy paid fuel blenders 45 cents per
gallon to make E10, gasoline blended with 10% ethanol. The tariff added 54
cents to the cost of importing a gallon of ethanol from Brazil. The ethanol
subsidy currently costs US taxpayers about $6 billion per year. Over the
past 30 years, the program has cost $45 billion. By taking no action on the
subsidy before adjourning for the end of the year, Congress effectively
killed the program."

Read mohttp://pjmedia.com/lifestyle/2011/12...mestic-ethanol...