OMG - will we finally get good gasoline back? I sure fvcking hope so, we’ve been having to use the 10% ethanol crap for years.
See, there is a silver lining. Of course the ethanol industry should go under because it’s been artificially created and sustained by government.
you know, I’m gonna be contrarian on this and state ethanol is going to play a chief role as one of the few actually accessible future fuel sources (although I’m thinking it will also be a replacement for heating fuel in addition to being primarily a gasoline supplement).
Already, the corn by-product produced by ethanol refiners is being repackaged as a high-protein wet-feed for cows, so the corn is not eliminated from the food chain at all; it is turned into a higher-cost (profit) product than raw corn. Think ‘double harvest’ of one product.
The biggest obstacle and cost to fly-over-land ethanol plants is transportation to refineries. The ethanol plants that are located on tanker-accessible waterways, or near railroad feed lines directly to refineries, will survive and profit nicely, whether by selling domestically or to foreign markets.
http://www.ethanolrfa.org/resource/facts/trade/
(compiled info:)
In 2007, 6.5 billion gallons of ethanol were produced in the USA from 2.3 billion bushels of corn. World fuel ethanol production was more than 13 billion gallons in 2007. In 2007, the ethanol industry provided employment for 238,000 workers in all sectors of the U.S. economy, added $47.6 billion to the nation’s GDP.
Of course the ethanol industry should go under because it’s been artificially created and sustained by government.”
Correction:
Of course, NObama should go under because he has been artificially created and sustained by government.