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Valero says ethanol subsidy is not needed
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MRK
Posted 7/28/2010 12:10 (#1291338 - in reply to #1291314)
Subject: Re: Valero says ethanol subsidy is not needed


I'd rather see them get rid of the subsidy and increase the blend rate, rather then leave the current cap. If ethanaol can compete with gasoline with no subsidy all the anti ethanol people have no ground to stand when they say it burns more fuel then it uses. Let the free markets work. I'm sick if hearing its rasing food cost because of subsidies. If you can take corn and process into fuel for cheaper than gas, it won't give much ground to complain about how high food costs because of corn.
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