Replies

To: norraad

The $1.19 price contains no subsidy. This is the value of a gallon of pure ethanol.

The subsidy is a "blending credit" received by the oil company (not the farmer or corn processor) for mixing ethanol with gasoline.

20 posted on 05/27/2005 5:43:26 AM PDT by Mr. Lucky

To: Mr. Lucky

wrong

22 posted on 05/27/2005 8:40:57 AM PDT by norraad ("What light!">Blues Brothers)

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794