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RIN Waivers lead to first decline in Domestic Ethanol usage in two decades
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NOCO_Farmer
Posted 3/18/2019 11:44 (#7387186 - in reply to #7383693)
Subject: RE: whom is the "propped up" industry?


NE Colorado
Nope, once again Steve you didn't comprehend what was said, please re-read what I wrote, but I will try to lay it out better here and in more detail.

I am saying that domestic oil is facing challenges that are created by the Fed all the way down to local municipalities in ways that very few people think about unless they have a connection with it. Please look at the last 6 months in Colorado, they tried to run a bill for a 2500 foot set back on all wells from any development, or any future development, which failed when put to the public. Last week Democrats went behind closed doors and created a new bill that will not face the public at all as the House, Senate, and the Governors office, oh and that AG, are all Democrat, that in my opinion is worse than the original bill which didn't have public support. In Boulder County, they will no longer allow frac-ing, and the new Governor is from Boulder, so where do you think this will go?

If you go to the Fed there are thousands of restrictions on domestic oil as well, simply look at the battles over pipelines that have occurred over the last 2 years as a very very simple example. Oil faces backlash from the general public as well, find any greeny that has any respect for the likes of Halliburton. And this is coming from someone who is having a pretty major battle with an oil company right now because they will not transfer lease on the mineral rights into my name on a piece of ground that I bought, and it will probably involve attorneys in the next year to make it happen. I am also someone who despises Anadarko with a passion because they are owned by the rail road, and somehow they convinced a judge that "100 years" actually means in-perpetuity.

Now also look at how we have propped up foreign production instead of developing domestic production. How does the US fighting in the Middle East to protect oil production over there help domestic production? How does cowtowing to OPEC help US production and industry? The very simple answer is is that it doesn't. The reasons why domestic production has been so slow until the last couple years is because of the regulations, and it was cheaper to buy foreign oil, and the hassle simply was not worth it to those companies.

You are right that 2 wrongs do not make a right, so why do you and Jon want to commit a second wrong just because it is "small potatoes" compared to the other wrong? Please explain how you turn 2 wrongs into a right because I don't get it. The harm is you are being a hypocrite and festering more problems for all of us in production Ag down the road, as well as the general population. Also, I am a massive proponent of biofuels, I think that that has the best chance at providing energy for the world going forward because frankly lithium batteries are not all people think they are (have any of them seen a lithium strip mine?). We have ran B-100 for 3 years straight before it got cost prohibitive. I have made biodiesel myself and ran it. I have done the research and the number crunching to see what it would take to build our own plant to provide our fuel needs, and I still have that in my back pocket if fuel prices begin to rise again, but as of now it is not cost efficient to do so, and therefore, just like the ethanol industry I am not subsidizing it on my own operation.

The government needs to get out of the way of all industries and let the chips fall where they may. But to say that because oil has propped up, but to ignore the issues they face, as well as disregard 2 wrongs not making a right does not work with me, and I don't think any logical arguments can be made to change that. Because ultimately the only way to rectify the problem is to stop subsidizing both and let the market decide. And if ethanol wants a bigger share they have to BE BETTER than the oil industry in every aspect. It is no different than any other business, if you want market share you have to prove you are better than your competition.
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