It never ends

[hobbyfarm2145365]

Thanks to Obama my state will recieve aroun 2 millionin taxpayer money to "SUBSIDIZE putting in blender pumps for the subisdized ethanol industry which in turn subsizes corn prices,   Question is after around 30 years  of subisdes why can't the ethnaol industey s putt in thier blending pumps  As 3020 says govt picks winners and losers  ethanol and farmer winners taxpayers loosers

If ethanol is so great why aren't stations putting them in ,  i'm told its demand . You can take care of that like  Minn you cant buy good gas, just 10% junk    3020 is that your almighty evil govt at work for who   the" winners"

[r3020]

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@hobbyfarm2145365 wrote:

Thanks to Obama my state will recieve aroun 2 millionin taxpayer money to "SUBSIDIZE putting in blender pumps for the subisdized ethanol industry which in turn subsizes corn prices,   Question is after around 30 years  of subisdes why can't the ethnaol industey s putt in thier blending pumps  As 3020 says govt picks winners and losers  ethanol and farmer winners taxpayers loosers

If ethanol is so great why aren't stations putting them in ,  i'm told its demand . You can take care of that like  Minn you cant buy good gas, just 10% junk    3020 is that your almighty evil govt at work for who   the" winners"

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This is how socialism works. What did you expect? Cut the size of government in half and no more money for blending pumps.

[hardnox]

You're correct in substance.

Although in terms of real world least bad options with the world we already have, blenders seem the way to go.

First thing would be to never, ever, ever increase the mandated %age. And since gas demand will probably decline slowly over a long period of time, that base of demand will also shrink slowly.

Blenders offer the element that's been missing from the policy from the start- a degree of elasticity. When corn is plentiful and cheap you can burn more, when it is in short supply, less.

And, as far as the "energy security" angle goes, also etoh can kick in a bit if for some reason oil rises sharply.

Although goes without saying that for the farm lobby less is never a good thing, even when corn is at $8.