Biofuels...food prices and political unrest....

[cleanspeed1]

Originally Posted by tjts1

There is some ACTUAL news about biofuels today.
http://www.nytimes.com/reuters/2011/...imes&seid=auto

I saw that blurb about the subsidies, so the question is does this mean that ethanol will be eliminated from gasoline or is it just the subsidy only.

[tjts1]

The article explains it. They're eliminating both the subsidy for US grown corn ethanol (45c/gallon) and the tarrif on imported ethanol (54c/gallon). The E10 and E15 rules are not changed. Chances are the bill will be changed before it goes into law. It will probably end up as a reduction of the tarrif/subsidy system rather than an outright elimination.

[cleanspeed1]

Originally Posted by tjts1

The article explains it. They're eliminating both the subsidy for US grown corn ethanol (45c/gallon) and the tarrif on imported ethanol (54c/gallon). The E10 and E15 rules are not changed. Chances are the bill will be changed before it goes into law. It will probably end up as a reduction of the tarrif/subsidy system rather than an outright elimination.

Saw that, was going to do an edit.

[Frank Lee]

You should see the local yocal comments on the ethanol subsidy- 99% misinformed. The REQUIREMENTS for ethanol blending are unchanged, so the fuel will be unchanged, so there will probably be some combination of higher prices at the pump and/or lower cost imported ethanol being used.

Oh, and Haiti is a prime example of people allowing their gonads to completely disregard the local reality of resource supply. 12 kids/ea and they literally eat dirt...

[roosterk0031]

It will only make a 4.5 cent rise in E10 prices, E85 will go up 38 cents per gallon. E85 sales will go down, E10 users won't even notice.

[tjts1]

As if most of us can even find E85.

[Duffman]

There is no shortage of food on the planet, there is probably close to a billion people on this planet though that have no money to buy food. If food prices were high enough there would be no food resources diverted to energy sources, its economics 101.

[user removed]

I just wanted to get a thanks from Frank, LOL.

I wonder how alcohol would work in one of Mazdas SKYACTIV engines with 14 to 1 compression ratio.

regards
Mech

[Big Dave]

Doesn't bother me. I never put alcohol in my vehicles.

[cleanspeed1]

Originally Posted by Big Dave

Doesn't bother me. I never put alcohol in my vehicles.

Hey BD, you're about to break 1000 posts!