Drudge Retort: The Other Side of the News
Friday, February 21, 2014

When the U.S. Energy Independence and Security Act was passed in 2007, ethanol was viewed as a way to cut gasoline consumption and reduce dependence on foreign oil. Seven years later, times have changed. The Environmental Protection Agency is set to cut the amount of ethanol required under the act's Renewable Fuels Standard by 1.4 billion gallons, reducing the target amount for 2014 from 14.1 billion gallons to 12.7 billion. The 2007 Act was meant to wean the U.S. off foreign oil, but several factors have now suggest that introducing more ethanol to the fuel supply may be unnecessary.

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Admin's note: Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.

They need to do away with it completely.

#1 | Posted by MSgt at 2014-02-21 05:09 PM | Reply | Flag: | Newsworthy 4

#1

Yep.

#2 | Posted by Whatsleft at 2014-02-21 05:17 PM | Reply | Flag:

No kiding. Ethanol kills carburators and raises the price of food.

#3 | Posted by bogey1355 at 2014-02-21 05:22 PM | Reply | Flag: | Newsworthy 1

According to the EPA and environmental groups ethanol increases pollution. Depending on who you ask it increases oil consumption. And like #3 says, it's not good for machinery or food prices. The only reason we have it in gas is the same reason it'll stay there: ADM lobbyists buying CONgress. They make a lot of money selling you corn likker.

#4 | Posted by SomebodyElse at 2014-02-21 05:44 PM | Reply | Flag:

i Agree with all of the above.

END IT.

#5 | Posted by bat4255 at 2014-02-21 05:53 PM | Reply | Flag:

It makes complete sense if you do it like Brazil did, where you can extract seven times the amount we can get out of corn from sugar cane. Unfortunately, and as usual, our government listened to the wrong lobbyists.

#6 | Posted by zeropointnrg at 2014-02-21 06:43 PM | Reply | Flag:

#6 | Posted by zeropointnrg
It makes complete sense if you do it like Brazil did

The problem is that sugar cane doesn't grow here like it does in Brazil. And ADM grows corn, not cane. It's all about how our government is for sale. Whether Rs or Ds are running things, they do what the money wants. Sigh.

#7 | Posted by SomebodyElse at 2014-02-21 06:52 PM | Reply | Flag:

Most decisions in government are based upon corrupt crony politics instead of rationality and intellect.

The use of ethanol is but one of many. The political corrupt government is unable to look at the big picture of pros, cons and costs objectively.

#8 | Posted by Robson at 2014-02-21 08:14 PM | Reply | Flag:

Cut the subsidies, there are a lot of uses for ethanol, beyond a motor fuel. Besides ADM is considered so evil in "fly over country" most of their employes seriously down play their association.

#9 | Posted by docnjo at 2014-02-21 08:22 PM | Reply | Flag:

#9 | POSTED BY DOCNJO AT 2014-02-21 08:22 PM | FLAG: Ah, but a few years ago ADM paid for my wife's Sonata [sold stock I had held for over a decade so had no auto loan]. It is a good consistent dividend paying stock and may purchase again in the future.

#10 | Posted by MSgt at 2014-02-21 08:47 PM | Reply | Flag:

Alcohol hurts my Outboard Motor.

#11 | Posted by nutcase at 2014-02-21 08:49 PM | Reply | Flag:

9 ADM has been a horrible stock for decades

#12 | Posted by DavetheWave at 2014-02-21 09:16 PM | Reply | Flag:

Cut the subsidies, there are a lot of uses for ethanol, beyond a motor fuel. Besides ADM is considered so evil in "fly over country" most of their employes seriously down play their association.
#9 | Posted by docnjo at 2014-02-21 08:22 PM

Remove their presence entirely like they do with drones, only on actual terrorists.

#13 | Posted by redlightrobot at 2014-02-22 03:13 PM | Reply | Flag:

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