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The Ethanol Gravy Train Rolls On, Just Like AG Subsidized Food Stamps
[Townhall] Like most people I’ve spoken with, I have no innate, inflexible antipathy to ethanol in gasoline. What upsets me are the deceptive claims used to justify adding mostly corn-based ethanol to this indispensable fuel; the way seriously harmful unintended consequences are brushed aside; and the insidious crony corporatist system the ethanol program has spawned between producers and members of Congress.What angers me are the legislative and regulatory mandates that force us to buy gasoline that is 10% ethanol ‐ even though it gets lower mileage than 100% gasoline, brings none of the proclaimed benefits (environmental or otherwise), drives up food prices, and damages small engines. In fact, in most areas, it’s almost impossible to find E-zero gasoline, and that problem will get worse as mandates increase. My past articles lambasting ethanol (here, here, here and here) addressed these issues, and said ethanol epitomizes federal programs that taxpayers and voters never seem able to terminate, no matter how wasteful or harmful they become. That’s primarily because its beneficiaries are well funded, motivated, politically connected and determined to keep their gravy train rolling down the tracks ‐ while opponents and victims have far less funding, focus, motivation and ability to reach the decision-making powers. Ethanol got started because of assertions that even now are still trotted out, despite having outlived their time in the real-world sun. First, we were told, ethanol would be a bulwark against oil imports from unfriendly nations, especially as the USA depleted its rapidly dwindling petroleum reserves. Of course, the fracking (horizontal drilling and hydraulic fracturing) revolution has given America and the world at least a century of new reserves, and the US now exports more oil and refined products than it imports. Posted by: Besoeker 2018-05-12 |
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