normthefedup

Beware of the Allure of Ethanol Investing

Author - can you possibly be stupid enough to believe that the addition of 10% ethanol at $4+ per gallon to produce has kept the price of gasoline "way lower" than it would have been? Without the hidden subsidy from the feds on this fuel, and support from our know-nothing or care-not executive leadership in the White House, from a business standpoint, this stuff wouldn't even exist in gasoline. It's providing us with nothing. By the way genius, were you even AWARE that this miracle product has 30% less energy in it than gasoline which means your gas mileage is reduced by 3% with the current 10% blend? What's that mean? Evey auto manufacturer claiming 30 mpg should be claiming 29 mpg. By the way, at today's prices, it's like adding yet another $.12 a gallon to the price of fuel. Do your homework and then put your brain in gear before you open your mouth.