Posted 1/9/2007 18:04 (#85432 - in reply to #85396) Subject: RE: Question on ethanol subsidy...check my math
Don't know about the subsidy, but ethanol is trading at around $2.16/gal. Times 2.7=$5.83/bu + $1.38=$7.21/bu + distillers + carbon dioxide. I know they can't make it for free, but there has got to be a pretty good margin. Do oil companies get any kind of susidy? There used to be some kind of oil depletion allowance. Don't know if it still exists.