Level Extreme platform
Subscription
Corporate profile
Products & Services
Support
Legal
Français
Ethanol Mandate - Strange Bedfellows
Message
From
08/02/2013 14:35:27
 
 
General information
Forum:
Politics
Category:
Economics
Miscellaneous
Thread ID:
01565524
Message ID:
01565535
Views:
38
>One of the more bizarre coalitions ever to form in Washington is trying to kill a creature of Washington: corn ethanol.
>
>The oil industry, environmentalists, taxpayer groups, livestock growers and foreign aid groups all want Congress to repeal the mandate requiring a 15 percent blend of ethanol in gasoline.
>
>More than 40 percent of the U.S. corn crop goes to ethanol, combining with a continuing Midwest drought to drive up corn prices. In a conference call Monday, refiners said it wrecks everything from car engines to outboard motors to chain saws.


The coalition is not bizarre at all when you consider the company pulling the strings behind all those puppets, Frito-Lay. After all, if 45% of US corn production is going into ethanol, that means only 55% is going into Doritos ;)
Regards. Al

"Violence is the last refuge of the incompetent." -- Isaac Asimov
"Never let your sense of morals prevent you from doing what is right." -- Isaac Asimov

Neither a despot, nor a doormat, be

Every app wants to be a database app when it grows up
Previous
Next
Reply
Map
View

Click here to load this message in the networking platform