Posted by JMS/.MN on November 28, 2011 at 23:05:11 from (209.237.107.155):
In Reply to: Ethanol posted by John in La on November 28, 2011 at 19:33:08:
Every time the subject of ethanol comes up...not gasohol or methanol....cuz so many don"t know the difference..especially those out of the Corn Belt....interesting to see the ignorant, but especially mis-informed comments, and the confusion. For those of us in the Midwest who have used 10% for DECADES with NO problems, or who have purchased flex-fuel vehicles that are MADE for E85..........it is hard to understand the concern. Last week I filled our 2003 flex-fuel Dodge van with E85, which was 80 cents under gas,....we get 11% fewer mpg....do the math....with our 7 years experience of fuel records, how are we losing (not LOOSING) money? I figure we are money ahead with a 40 cent spread. 80 cents is more of a bonus. Regarding subsidies- the "blender credit" is paid to oil companies (that"s not a subsidy?) for blending eth into gasoline. MN had a 10-20 cent subsidy for small eth plants for a few years during their startup, limited to their plant size...something like 10-20 cents/gallon for a plant under maybe 20 million gal/yr? I look at it as an incentive for a new industry to get established..it takes time ..sort of like when your mother said, eat your vegetables, they are good for you! But, by a stroke of his pen, our then Gov Pawlenty, wiped that out and brought it back under a reduced, delayed schedule.
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