1/12/12, 10:56 AM
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#27
Re: ethanol sucks
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Senior Member
Join Date: Jul 2007
Posts: 2,136
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Quote:
Originally Posted by racephoto1
Sorry, but livestock feed doesn't sound to palatable to me. If you look at corn prices, there is a direct correalation between the cost of corn and the production of ethanol .
Also do to the government subsidy of the ethanol industry, besides the food costs increasing, I also get money removed from paycheck to pay for it's production. I also subsidizes it's growth, with pay outs to farmers.
Seems like the only winners in this deal are the ones on the government teat. Take away the subsidies, let it stand on it's own merit, sink or swin, and maybe it will get a little respect.
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Looks like the government ethanol subsidy you use for part of your argument may be disappearing anyway.
Link: http://www.reuters.com/article/2011/...75F5IN20110616
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