Quote:
Originally posted by JanusCole
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.
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I don't like subsidies but they are as likely to go away as taxes. Having said that I would rather subsidize American farmers the Arab sheiks.