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To: griswold3
It costs 1.50/gal to produce the product, but it won't sell for more than 1.00/gal. The gubmint (us stoopid taxpayers) hands over $0.75/gal to encourage the production of a product we don't want because we're too stoopid to know that it's better for us.

The vast majority of ethanol producers are working for the subsidy, and would probably shut down without it.

26 posted on 05/31/2011 2:24:28 PM PDT by Conservative_Rob
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To: Conservative_Rob

Better for us? Did they consider the long term damage to engines from ethanol usage?
It’s a racket. Clear and simple


72 posted on 05/31/2011 3:38:10 PM PDT by griswold3 (Character is destiny)
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To: Conservative_Rob
It costs 1.50/gal to produce the product, but it won't sell for more than 1.00/gal.

I know some folks that would buy pure ethanol (not denatured) for $3.00 a gallon if it avoided the taxes associated with it.

I could also sell them limes and mixers.

/johnny

217 posted on 06/01/2011 9:44:44 PM PDT by JRandomFreeper (Gone Galt)
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