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To: Mr. Lucky
You may avoid addressing the issue however you want, but the fact remains that the US consumes more ethanol than the government mandates.

Are you in favor of removing the mandates?

The value of fuel grade ethanol moves in sympathy with the value of gasoline.

Are you in favor of removing the blending credit?

131 posted on 02/25/2008 1:30:32 PM PST by Toddsterpatriot (Why are protectionists so bad at math?)
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To: Toddsterpatriot

Absolutely. The blending credit is, in fact, a subsidy to the oil industry, not farmers. To the extent that the credit allows inefficient ethanol producers to stay in business, it dampens progress in the industry much the way that, say, the prospect of government handouts in New Orleans has dampened private initiative.


132 posted on 02/25/2008 1:40:13 PM PST by Mr. Lucky
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