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| According to RFA, without the blender's credit and import tariff...
- Blenders will look for cheaper ethanol, which will likely be imported.
-Without the money injected into the economy from the blender's credit there will be $6 billion less spent on grain, raw materials, and goods and services.
-and with fewer dollars being spent, ethanol plants will close resulting in the loss of 112,000 jobs.
http://www.iptv.org/mtom/story.cfm/feature/602/video/mtom_20100730_... | |
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$5 corn?
