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| Ethanol is getting banged up pretty bad in the media and politics. Talk radio has been very negative about the ethanol business, but not sure they have the facts. I know I don't have the facts either, and doubt they really care about the facts, but I am to the point I would like to know the truth, the whole truth, and nothing but the truth on ethanol subsidies. I don't know what subsidy there is anymore on ethanol. Is there still a "blenders credit" for every gallon of ethanol blended with gasoline? Blenders credit if I understood correctly is paid to the oil company who put the ethanol in their gasoline. Any other subsidies directly on ethanol? I would think the ethanol business is mature enough to stand on its own without subsidies, just like big oil should not be subsidized. Every now and then I get into these discussions and always tell people the last time I looked there were no aircraft carriers out there protecting my corn fields (as in the middle east). Not really wanting to make this political, just factual. For the record I do farm, grow corn, feed corn to livestock, and sell corn to an "evil" ethanol producer (ADM). Thanks. | |
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What subsidy is there on ethanol?
