U.S. Ethanol Subsidy; Import Tariff - both nded 12-31-11

[jake75]

The U.S. Govt. subsidy of 45 cents/gal of ethanol made from corn etc. ended on 12-31-11. However the mandate to use a certain amount of ethanol in motor fuels lives on. Therefore a 90/10 gasoline/ethanol blend can be expected to rise in price by 4.5 cents a gallon. However, that may be largely offset by lower cost ethanol from South America. Furthermore foods made from corn (including corn fed beef) might get a little cheaper. And of course the federal fuel efficiently numbers are based on 100% gasoline. Go figure. The bottom line is that the govt. is still force feeding us ethanol to fuel our cars. Some people like their milk to be from cows not supplemented with rBST. I'd like the choice of fueling my cars with gasoline not contaminated with ethanol. Unfortunately we really don't get that choice.

[KNINE]

I'm against government subsidy of any prodduct. If a product, or industry, cannot support itself on its own, then obviousy the consumer does not want or need it.Also against ethanol. I agree with Jake. I should be able to chose the fuel that I want for my vehicle.

[jake75]

The "Renewable Fuels Association" isn't giving up. January 4, 2012Press Contact: Matt Hartwig202-289-3835 Top Ethanol Stories to Watch in 2012http://www.ethanolrfa.org/news...-ballRFA President Bob Dinneen comments on the year in previewAt the end of 2011, the Renewable Fuels Association identified the top five stories of the year for the ethanol industry. With the new year now underway, the RFA has predicted the top stories to watch in 2012. In this edition of “The Ethanol Report,” Renewable Fuels Association president and CEO Bob Dinneen comments on the year in preview and some of the top ethanol stories he expects to see in 2012.Ethanol in 2012 6:53 https://mail.google.com/mail/?...8mbn4The program is voiced by reporter Cindy Zimmerman. It is in the format of a complete program called "The Ethanol Report." Please feel free to use as you wish, edited or in its complete form. If you have any problems downloading the audio file, please contact ZimmComm New Media at 573-896-5842. Separate sound bites from the report are included as links below.----------------------------Renewable Fuels Association president and CEO Bob Dinneen comments on some of the top ethanol industry stories to watch in 2012.The big priority for the ethanol industry will be protecting the Renewable Fuels Standard from being modified or eliminated.Dinneen says they are looking forward this year to the first commercial availability of E15 for use in 2001 and newer vehiclesThe Volumetric Ethanol Excise Tax Credit for grain based ethanol expired without protest from the industry at the end of 2011, but Dinneen says they will work to ensure that the tax credits for cellulosic ethanol will continue past the end of 2012.The other two top ethanol stories to watch in 2012 according to RFA are free and fair trade for ethanol and legal battles over ethanol use, particularly the Low Carbon Fuel Standard in California, which was just declared unconstitutional by a judge but will be appealed by the state.

[vit]

Burning food as fuel, what a concept...

[jake75]

Quote, originally posted by vit »Burning food as fuel, what a concept...Isn't that what WE do?

[TONY TAT2]

Quote, originally posted by K-NINE »I'm against government subsidy of any prodduct. If a product, or industry, cannot support itself on its own, then obviousy the consumer does not want or need it.Also against ethanol. I agree with Jake. I should be able to chose the fuel that I want for my vehicle.I'll agree with that.btw,stock up on 100w light bulbs, goverment dont want any more produced & dont buy a goverment mandated water saven washer

[jake75]

Quote, originally posted by TONY TAT2 »I'll agree with that.btw,stock up on 100w light bulbs, government don't want any more produced & don't buy a government mandated water saven washer The ban on 100 wt bulbs has been delayed. Lowe's had 8 packs of them for about $2. But I can no longer buy the 150 wt floods, or their 120 wt replacement of a few years ago, that are necessary for several of the recessed ceiling lights in my 1958 home. If I were starting from scratch I could have 2 or 3 65 wt recessed lights and that would make the government happy I guess. For many years our Ohio Public Utility Commission has mandated a lower rate for households that never use more than 800 kw of electricity a month. I asked them why they think a 1 person household using 750 kw of electricity is more eco friendly than a two person household using 1,000 kw of electricity.

[ColonelPanic]

Quote, originally posted by jake75 »However the mandate to use a certain amount of ethanol in motor fuels lives on. Therefore a 90/10 gasoline/ethanol blend can be expected to rise in price by 4.5 cents a gallon. I filled up Saturday for $3.16 and today it is $3.49. News is saying the reason is - get this - due to the ethanol subsidy going bye-bye. My math skills aren't that great but that seems more than 4.5 cents.

[jake75]

Quote, originally posted by ColonelPanic »I filled up Saturday for $3.16 and today it is $3.49. News is saying the reason is - get this - due to the ethanol subsidy going bye-bye. My math skills aren't that great but that seems more than 4.5 cents. Oil has been on a tear upward because of Iran's threats to close the strait of Hormez. It was 3.389 last night here.Also, at least around here, what sometimes happens is that competitive pressures cause an abnormally low gas price. Then that breaks and gas jumps a lot. Instead of people being grateful for the cheap gas they got for a week or so, they complain that it went up 30 cents overnight. I got a fill up at 2.969 on 12-20-11; a day or so later it was up over 30 cents. On a brighter note, my cost for natural gas to heat my home, dry my clothes and heat my water was a total of $660 in 2011. That is half what it was a few years ago, and 2012 is projected to be even less. Over 40 years ago my father-in-law convinced me that a gas clothes dryer was the smart choice - I have saved a bundle over the years following that advice.