Completely wrong. Ban Ethanol, Period.
Anyone who's had the opportunity to run their vehicle on Ethanol-Free gas as I have, knows they get 3-4mpg BETTER than with the ethanol CRAP the government makes us run.
Ethanol=LESS MPG, and in effect is a TAX on drivers who ultimately BUY MORE GAS to go the same miles per year, which results in NET TAXES to the Federal Government via the 5 Cent/Gallon gas tax.
Other than that, good list.
My recommendation to keep ethanol is based on my belief that we need to pursue energy independence, and I don't think that can be achieved 100% through domestic petroleum. However, if we keep ethanol, which can be made from American coal and American natural gas, we can extend the life of our petroleum beyond the next hundred years. So my equation is American oil + American coal + American gas = energy independence. Note that these are all American jobs too.
Using natural gas to produce ethanol seems to be less costly than creating an infrastructure for natural gas cars, and we already have cars that can run on E85, 85% ethanol, so E85 cars would almost be natural gas powered cars anyway.