U.S. Senator Jim Inhofe, R-Oklahoma, will introduce legislation which would offer gas stations to decide whether or not they want to use gas without ethanol at the pump.
A draconian law will soon go into effect which will force everyone to offer gas with ethanol in it, even though many people don't want to put the stuff into their cars and equipment, because of the proven ethanol causes.
Some foolish and ignorant proponents of ethanol, for example, Terry Dietrich, President of American Farmers and Ranchers Insurance, say things like this, "We think it's high time that we quit fighting wars overseas and funding both sides. We've lost enough American soldiers."
This is so stupid as to not even be able to be taken seriously. In other words, all that oil in Afghanistan you mean? Is that why we need ethanol? Demagogues like this don't even attempt to use their brain when making their statements.
Some even pretend the proven higher costs of food coming from pushing ethanol isn't true either. That's an outright lie. Just ask the meat industry if that's what they have found out.
Just one way this happens is through the higher cost of feeding animals, which when we buy their meat, creates higher costs at the supermarket. How hard is that to understand.
Ethanol needs to be allowed to stand on its own, and the subsidies which make it survive need to be removed. Then we'll see if there's really a demand for it or not. I think we already know the answer to that.
Showing posts with label Ethanol Bailout. Show all posts
Showing posts with label Ethanol Bailout. Show all posts
Saturday, July 3, 2010
Saturday, April 10, 2010
Ethanol Plant Closing in Minnesota
Low ethanol prices continue to take a toll on the so-called industry, as an ethanol plant was closed in Buffalo Lake by Minnesota Energy.
This is completely based on price and margins,according to chairman of the board of the company, Randy Byro.
Byro said prices need to increase by at least 50 cents to 75 cents a gallon to even think of reopening the plant.
While not a huge plant, it does underscore the ethanol fiasco which was marketed as a savior to small communities across America, but has dashed hopes as the market for it remains small, and if not for taxpayer subsidies, would be a complete joke.
Let the free market determine whether ethanol is viable or not. If people want it they'll be willing to pay for it. Obviously people don't want it, and the program needs to be droppped along with the waste of taxpayers' dollars.
This is completely based on price and margins,according to chairman of the board of the company, Randy Byro.
Byro said prices need to increase by at least 50 cents to 75 cents a gallon to even think of reopening the plant.
While not a huge plant, it does underscore the ethanol fiasco which was marketed as a savior to small communities across America, but has dashed hopes as the market for it remains small, and if not for taxpayer subsidies, would be a complete joke.
Let the free market determine whether ethanol is viable or not. If people want it they'll be willing to pay for it. Obviously people don't want it, and the program needs to be droppped along with the waste of taxpayers' dollars.
Labels:
Ethanol,
Ethanol Bailout,
Ethanol Demand,
Ethanol Disaster,
Ethanol Failure,
Ethanol Scam,
Ethanol Subsidies,
Farm Bill
Friday, December 26, 2008
Government-created Ethanol Industry now Begging for their Bailout!
Already gouging taxpayers for $25 billion in handout subsidies, the ethanol industry lobbying arm - the Renewable Energy Association - is now begging the government for another billion in short-term credit, along with up to $50 billion in loan guarantees to expand the diastrous industry.
In an even more evil move, the association is asking for the government to lower the existing 10 percent limit on how much ethanol can be added to fuel for regular cars and trucks. That has the potential to wreak havoc on the engines of the car, as those mixtures are unproven.
So what we have is a false market created by the government because it's great to get votes and give the illusion that jobs are being created. So now the non-market business needs to be bailed out in order to keep our politicians from looking like the uniformed, dangerous people they're increasingly becoming.
In an even more evil move, the association is asking for the government to lower the existing 10 percent limit on how much ethanol can be added to fuel for regular cars and trucks. That has the potential to wreak havoc on the engines of the car, as those mixtures are unproven.
So what we have is a false market created by the government because it's great to get votes and give the illusion that jobs are being created. So now the non-market business needs to be bailed out in order to keep our politicians from looking like the uniformed, dangerous people they're increasingly becoming.
Labels:
Ethanol Bailout,
Ethanol Disaster,
Ethanol Failure,
Ethanol Hoax,
Ethanol News,
Renewable Energy,
Renewable Energy Association,
Subsidies
Subscribe to:
Posts (Atom)