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HeyBub[_3_] HeyBub[_3_] is offline
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Default Ethanol subsidies and tariffs end

Tegger wrote:
"HeyBub" wrote in
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.




You'll notice the ethanol mandate itself remains untouched. Blenders
are still required by law to include a certain percentage of ethanol
in the total fuel they sell.

Continued mandate + no subsidy = more expensive gas.


Don't think so. Ethanol from Brazil, as the article pointed out, is WAY
cheaper than domestic ethanol. On the order of $1.00 per gallon cheaper.

Besides, if more corn is redirected to food, thousands of Mexicans will quit
trying to sneak into the U.S. to get cheaper tortillas. Corn is REALLY
expensive in Mexico (they export it to the U.S.).