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 - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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