Cannot be proved but the annalist say that if it were not for ethanol that gas would be 30+ cents a gallon higher. So gas is cheaper. Ethanol is keeping gas prices in check to a certain degree.
Gas companies are trying to buy ethanol plants. Why? So they can control both products.
Gas is also highly subsidised. Has been since we started driving fuel burning cars.
Ethanol is no longer subsidised as of 1/1/2012. The farmer collected subsidises were much higher, before ethanol took off about 4 years ago, than the subsidises paid to ethanol blenders. So the U.S. is saving all that money that was paid to farmers in years past.
Yep food prices are higher but we still pay a smaller percentage of our income on food than the other developed countries around the world.
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Today's Featured Article - Chores - by Frank Young. The ceaseless passing of time! It is at once our friend and our enemy. It measures our progress and it makes us old. Like most features of our life, few things are all good or all bad, and most such judgments depend on our own perspective or viewpoint. In our particular hobby, we enjoy the nostalgic return to the days of our youth as we recreate many of the scenes that took place on the family farm that served as the stage for the first few acts of the play that is our live
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