AgTalk Home
AgTalk Home
Search Forums | Classifieds (159) | Skins | Language
You are logged in as a guest. ( logon | register )

Ethanol.........so many things wrong with this article....
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
white shadow
Posted 12/1/2015 17:01 (#4931727 - in reply to #4931535)
Subject: RE: A dozen clean burning facts on ethanol...........



East Central South Dakota

1. Nearly one-third of every bushel of corn used in ethanol production is returned to the food chain in the form of distiller’s grains, a competitively-priced, nutritious animal feed

2. • In 2014, the ethanol industry created and supported nearly 400,000 jobs. Moving to E15 would create an additional 136,000 jobs

By eliminating jobs in oil refining, transportation, etc.

new industries create new jobs, gasoline consumption steady to up

3. A recent Louisiana State University study found ethanol reduces gas prices 78¢ a gallon — a consumer savings of more than $100 billion annually.

By recent you mean 2012 study based on 2010 pricing which is quite out of date. Oil prices are way down. I don’t think many farmers would base their 2016 planting plans on 2010 pricing data.

numbers change on the feed stocks, but the economic impact on gas prices, stays the same. Ethanol and corn prices are way down.

4. By creating a steady market for corn and other grains, ethanol helps to reduce federal farm program costs.

You mean it raised gain prices, yep we figured that one out.

Grain prices raised above the price targets that trigger government payments, . Saving tax payers millions.

5. • In 2014, the ethanol industry contributed nearly $53 billion to the nation’s GDP and added nearly $27 billion to household income.

And that higher income was paid by someone who had higher costs, like the livestock industry and consumers.

Farm household income has an economic multiplier of 7.3. Increasing GDP is how you grow your economy and that is a good thing. Livestock income set new records for 2014.

6, In 2014, the production and domestic use of more than 13 billion gallons of ethanol in the U.S. reduced greenhouse gas emissions by 38 million metric tons, the equivalent of removing roughly 8 million automobiles from the road.

7, • A 2013 World Bank study outlines how crude oil prices are responsible for at least 50 percent of the increase in food prices since 2004

Again old data when oil prices were high. They are not anymore.

Corn prices have dropped 50 percent in the last year. Labor, packaging and transportation make up food costs. The farmer gets 17 cents out of every dollar spent on food. 4.5 cents of the 17 cents gets spent on inputs to raise the crop. Not much food pricing impact on the farmer share of the dollar.

8. A recent USDA report shows ethanol is more energy efficient to produce than conventional gasoline. Every Btu put into creating ethanol is a 2.3 Btu return

9. • Every gallon of clean-burning ethanol that we produce in this country decreases the demand for foreign oil and keeps our money here at home where it can create American jobs.

And decreased our grain exports keeping other folks money away.

Grain exports remain strong. Soybeans and sorghum records. Corn and wheat exports down based on world trade policy more than price. DDG's the co-product of ethanol were exported at record pace, displacing some of the grain tonnage.

10. • The production of more than 14.3 billion gallons of ethanol in 2014 displaced the need for 515 million barrels of oil.

It also displaced the production of a lot of soybeans, etc.

very high soybean production for two years in a row, 2014 and 2015. Trend yields continue higher supporting new markets for all grains.

11. When the RFS was enacted in 2005, America imported 60 percent of its fuel. Today, we import 27 percent. Switching to domestic energy sources has helped reduce our dependence on foreign oil, strengthening our national security and our economy.

Ever heard of the fracking revolution. You know that is the difference, I know it, as does Bob Dole.

Ethanol is part of a domestic energy policy that this country so desperately needs. The fracking revolution is a good thing. This country is driven on energy and ethanol is part of a much needed domestic energy policy.

12, We spend more than $300 billion a year — nearly $1,000 for every man, woman and child in this country — on foreign oil. Where does ISIS get their money ? ?

Because if we don’t buy it no one will.

Makes me sleep better at night knowing I didn't contribute to the guy that just cut a Christians head off in a YouTube video.

Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)