This information is correct. One thing to take into acocunt is that you get proteins out of the corn after ethanol that you can then feed to cattle so its doubling its potential. Also its important to remember ethanol subsidies dont go to ethanol plants but to oil companies to blend the ethanol. Ethanol is probably not the answer but its been around for years and will not be going anywhere any time soon.
In this case, the cure for high prices is reducing ridiculous, distortionary production subsidies. It is incomprehensible that we are still paying for these programs, even as commodity prices are as high as they have been in decades. Never before has rent-seeking been portrayed as so 'patriotic'.
@Shadyhunter04 Farmers actually do care about the world and their country its just the same if you could buy the house down the road and rent it for 1500 dollars would you do that to make money in a historically poor occupation .
Imagine now the price of oil rising 100 % more. How could this be you ask? Well, if the cabal of con-artist puppeting president Bush and Congress in the USA gets its way, they with help of the USA media, will trick gullible Americans into launching a lies based war, this time against Iran. Add to this the so called "Enron Loophole" effect on the price of oil, and you have a formula for disaster.
This information is correct. One thing to take into acocunt is that you get proteins out of the corn after ethanol that you can then feed to cattle so its doubling its potential. Also its important to remember ethanol subsidies dont go to ethanol plants but to oil companies to blend the ethanol. Ethanol is probably not the answer but its been around for years and will not be going anywhere any time soon.
braneden 8 months ago
In this case, the cure for high prices is reducing ridiculous, distortionary production subsidies. It is incomprehensible that we are still paying for these programs, even as commodity prices are as high as they have been in decades. Never before has rent-seeking been portrayed as so 'patriotic'.
UsualMike 3 years ago
This is sad, the farmers could give a shit about the world or their country as long that they benefit.
Shadyhunter04 3 years ago
Trading Big Oil for Big Ethanol. Farmers will become the selfish devils.
blur880 3 years ago
@Shadyhunter04 Farmers actually do care about the world and their country its just the same if you could buy the house down the road and rent it for 1500 dollars would you do that to make money in a historically poor occupation .
gillamfarms 7 months ago
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Imagine now the price of oil rising 100 % more. How could this be you ask? Well, if the cabal of con-artist puppeting president Bush and Congress in the USA gets its way, they with help of the USA media, will trick gullible Americans into launching a lies based war, this time against Iran. Add to this the so called "Enron Loophole" effect on the price of oil, and you have a formula for disaster.
iammontemonte 3 years ago