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| Looks like they were right.
http://www.reuters.com/article/idUSN1521158720100715
" proposed that money now spent on the 45-cent tax credit be converted to a tax credit to install 200,000 blender pumps. It also called for loan guarantees for construction of ethanol pipelines and a producer tax credit that would replace the current credit which goes to blenders who mix ethanol with gasoline."
POET chief executive Jeff Broin said the petroleum industry enjoyed many tax breaks. With a blender pump on every corner and a flex fuel vehicle in every garage, ethanol can compete against oil without the tax incentive," he said."
Energy is going to get expensive. This goes along with not backing the blenders credit for biodiesel. | |
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They told me that if I voted for McCain the Ethanol tax credits would be in danger-
