Quiz. What happens to the price of a commodity when a government program is created to artificially inflate demand?
Quiz. What happens to the price of a commodity when a government program is created to artificially inflate demand?””
It screws up everything, IMO. It takes years to create a balance of what needs to be grown and at what price the consumer will pay.
Setting this Ethanol idea into forced motion is very disruptive.
By the time everyone decides they are not getting as much power out of Ethanol as gasoline, and that they cannot control Mother Nature with weather that will affect the growth and production of corn, we will be in a great big world of hurt, IMO.