Romney’s response is nonsense. There is no benefit in farming ethanol. Ethanol is far more costly and less efficient than drilling in areas where we already know there is oil. Ethanol screws up the produce markets. Logically, corn is better for people than for cars. This is the first non-logical response from the Romney campaign.
That is true, as I have posted here many time, if, and that is a big if, the government and jorge were serious about doing anything, other than putting money in the pockets of their big contributors, the would require half of all cars and light truck be switched to diesel. You can make bio-diesel out of rape seed and it is cost efficient. It does not take all the labor and chemicals , equipment, and fertilizer to grow as corn. But then they, jorge and his fellow politicians are not serious about energy.
“Ethanol is far more costly and less efficient than drilling in areas where we already know there is oil.”
I think the idea is to do both. To diversify. If there is some sort of crisis that cuts off access to the oil supply it might be a good idea to have ethanol as backup.