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| "So E goes up and consumer buys it. ho hmmm. just gas. "
E goes up, Stories start showing up how E is driving up the cost of fuel, and food, and grandma's denture cream, and the States that have laws on the books that say if E is more expensive than gas you don't have to blend it exercise the option, and the consumers raise a ruckus, and?
"The govt actually charges ALL of us right at $19 Billion to give You that $6.75 billion"
I'd be interested to see some kind of figures to back that up.
"You due to your slanted perception of what's right vs what's wrong, so be it ). "
I'm not dealing with what's right and wrong, I'm dealing with what is. I'm also not advocating or excoriating the tax incentives, they are what is. Ethanol is a traded commodity, it's price is set in Chicago, whether there is a blenders credit or not, doesn't reflect in the price of Ethanol. What Ethanol is worth, compared to gasoline, is what it's worth. If the $.50 blenders credit goes away, it doesn't change what Ethanol is worth. What it does do, is take that $.50 out of the Ethanol market, and the Ethanol plants are going to have to come back and take that out of the producers pocket or go broke. From a marketing perspective, the potential loss of the blenders credit has a chance to impact the corn market. As a producer, I have to take steps to attempt to mitigate that risk.
Life is hard, it's harder when you're stupid.
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$5 corn?
