Ethanol is only being used because the farm state senators have pushed for it and they are important votes. Obama is from Illinois, which has a bunch of farmers. Ethanol is false hope, as it takes as much energy to produce as it yields. And food prices rise as acreage is devoted to its' production. Our energy policy is whatever sounds good on TV and might get votes for the proponents.
Ethanol Is Dead: How You Can Still Profit From It [View article]
Obama's Misguided Ethanol Policy [View article]