“We make plenty of corn. I’d rather burn that than buy foreign oil, regardless of cost.”
You of the cap-and-tax crowd that we do things regardless of it making economic sense are what is killing this country.
Just talk to the poor farmers in California who cannot farm as their water is denied them to keep alive small creatures who have zero value. Environmentalist will do things “regardless of cost”.
Im in the energy business.
I am not a cap and trader, nor am I an environmentalist. Read what I wrote again.
I support creating fuel from our own sources with our own two hands and our own labor.
If we did away with subsidies (do you support the 50 yrs of farm subsidies?), ethanol fuel would be cheap as opposed to fossil oil. As fossil oil costs would sky rocket.
Our food is far too cheap in comparison to CPI increases over the last 5 or 6 decades, due largely to subsidies (and farming technology betterments).
Our oil is also far too cheap.
Our economy cannot recover until we get back to economic fundamentalism. Our economy is subsidized with cheap/free money, the same as our food.
I say burn ethanol. Its a product that is competitive in a truly free market; one where we aren’t subsidizing our lives away to big Ag and big Oil interests, the latter with the largest tax breaks of any industry in history, the former with direct payments of our tax dollars.
Once gas hits 5 or 6 bucks, ethanol is very competitive without tax credits.
Don’t try to impose an envirnmentalist moniker on me and try to think your posts through before slapping labels on your fellow freepers.