I am a Trump supporter but I applaud Senator Cruz for this stance.
I hate the use of feed grains for the production of fuel. My cars would get much better efficiency with gasoline: Ethanol (E100) consumption in an engine is approximately 51% higher than for gasoline since the energy per unit volume of ethanol is 34% lower than for gasoline.
its rather ironic Trump who’s owned by no one is owned by the ethanol lobby
We need this kind of common sense.
Food should be used for food; fuel should be used for fuel.
We have BOTH, and plenty of both.
Ted Cruz’s plan is good. 5 years is the correct way to stop any subsidy, which gives an industry time to make needed adjustments.
One thing you need to know, the value of the grain left from alcohol production retains 2/3 of the value of dry corn when used for livestock production. This is one of the reasons that alcohol production may be self supporting at this point.
The research for other products that can be made from the distillers grain is on going.
Now let’s move on to other subsidies in other industries, oil, flight, rail, highway, and personal.
Please make additions and corrections.
A true conservative is against subsidies, period.
Trump is a mobster pile of pond scum.
bump for later read
Maybe Iowa just needs to stuff the envelope a little more. If they are short on cash they can try getting a loan from Goldman Sachs.
How will Cruz be able to cut any deals with ADM if he gets elected?
No special interests like him.