Economists Blast Ethanol, the 'Nicorette Gum of America's Oil Addiction' [View article]
I would spend 5 a gallon for ethanol knowing that every cent stayed in the U.S. vs. all the money going over seas to countries that despise our country. If it wasn't for the speculators, corn would back off. This is ridiculous propaganda. Corn is just the doorway to better means and big oil doesn't want them to cut in on their parade. So the US gov reps are OK with profits in the billions for oil cos, gas 4 a gal, but complaining about the only alternative we got? I'm long ethanol for support sake only, as I'll probably never make a dime as an investment.
Economists Blast Ethanol, the 'Nicorette Gum of America's Oil Addiction' [View article]