Quote:
Originally posted by fastpat
The problem with ethanol is that it costs more to make than it can be sold for; and that's not expected to ever change. Ethanol has huge, in the billions of dollars, of tax subsidies now.
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That is mainly because we don't factor in the
true cost of a barrel of oil. If we could trade the defense budget required to keep oil flowing from the Middle East for the subsidies required to keep ethanol flowing out of the Middle West, then we may experience net savings.