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Congress ends 30-year ethanol subsidy

Started by booger, December 27, 2011, 12:09:04 PM

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booger

December 27, 2011, 12:09:04 PM
http://www.detroitnews.com/article/20111224/AUTO01/112240320/1148/rss25

About time. Agribusiness slots in with Satan & Walmart.
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zarn02

#1
December 27, 2011, 12:13:08 PM
I approve of this.
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spolic

#2
December 27, 2011, 01:04:29 PM
In before the




oh and

YEAH!
He man, where are all the ads?

CDChase1981

#3
December 27, 2011, 01:08:27 PM
This is good news. Maybe I'll start seeing gas without ethanol near me soon.  [thumbsup]
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duccarlos

#4
December 27, 2011, 01:12:45 PM
Do expect an increase at the pump.
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Randimus Maximus

#5
December 27, 2011, 01:15:39 PM
 [thumbsup]

I think it will take a little time for the economic fallout to take place - will gas prices go up? Will food cost go down?  Wait and see!

Speedbag

#6
December 27, 2011, 01:16:31 PM
Quote from: CDChase1981 on December 27, 2011, 01:08:27 PM
This is good news. Maybe I'll start seeing gas without ethanol near me soon.  [thumbsup]

+1

No more snowmobile burn-downs due to water-laden ethanol, for one.
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AJ

#7
December 27, 2011, 01:18:37 PM
[thumbsup]  and  [popcorn]
Quote from: The Bacon Junkie on November 08, 2011, 09:32:47 PM
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rockaduc

#8
December 27, 2011, 01:39:05 PM
 [clap] [beer]
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ducatiz

#9
December 27, 2011, 02:16:10 PM Last Edit: December 27, 2011, 02:17:57 PM by ducatiz
No way!

However, it ends a tariff on Brazilian ethanol

Brazilians pay about $1/gallon for their ethanol fuel (E100)

Something tells me this means MORE ethanol not less because without the tariff it will be far cheaper.
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