Cannot be proved but the annalist say that if it were not for ethanol that gas would be 30+ cents a gallon higher. So gas is cheaper. Ethanol is keeping gas prices in check to a certain degree.
Gas companies are trying to buy ethanol plants. Why? So they can control both products.
Gas is also highly subsidised. Has been since we started driving fuel burning cars.
Ethanol is no longer subsidised as of 1/1/2012. The farmer collected subsidises were much higher, before ethanol took off about 4 years ago, than the subsidises paid to ethanol blenders. So the U.S. is saving all that money that was paid to farmers in years past.
Yep food prices are higher but we still pay a smaller percentage of our income on food than the other developed countries around the world.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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