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To: allmendream

burn up 40% of our corn crop in order to water down our gasoline.


You’ve been drinking too much ethanol.


14 posted on 01/04/2012 10:26:58 AM PST by cornfedcowboy (Trust in God, but empty the clip.)
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To: cornfedcowboy
Problem with the 40% number? Do you have a better estimate?

My figures are well sourced. There is an 8 billion dollar a year subsidy for ethanol, it burns up 40% of our corn crop, and the net result is watering down our gasoline.

F*CK IOWA!!!!

http://www.cnbc.com/id/43138199/Coal_Based_Ethanol_Is_Just_Down_the_Road

But the U.S.’s corn-derived ethanol fuel is relatively expensive—about $1.55 to $1.74 per gallon compared to 71 cents to 90 cents per gallon in Brazil—and so is heavily subsidized to allow gasoline producers to meet federal renewable fuel standards.

And with 40 percent of the U.S. corn crop now going to ethanol production, a four-fold increase from 2002, the competition for corn from food processors could keep those prices high.

15 posted on 01/04/2012 10:46:14 AM PST by allmendream (Tea Party did not send the GOP to D.C. to negotiate the terms of our surrender to socialism.)
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