Quote:
Originally Posted by creditcardfree
From what I understand, the ethanol blends are not even cheaper to produce. They sell it for less than regular unleaded because the government is subsidizing the some of the cost.
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I knew the industry was helped A LOT by subsidies, but I didn't know that fact.
Our US Secretary of Energy, Steven Chu, was recently here in the state and mentioned the possibility of increasing the ethanol blend from 10%-15%, and also made a remark about encouraging (or maybe requiring?) automakers to make all vehicles E85 capable.
What a joke. As if we need to convert any more of our food supply into fuel that has essentially no cost or environmental benefits. This guy is supposedly a super-smart MIT scientist, so unless he knows something I don't, it's likely he's close with ethanol proponents.