http://blog.heritage.org/2008/06/19/ethanol-floods-more-pain-at-the-pump/ Tue, 14 Feb 2012 19:38:47 +0000 hourly 1 http://wordpress.org/?v=3.3 http://blog.heritage.org/2008/06/19/ethanol-floods-more-pain-at-the-pump/#comment-1648 Rolf McEwen Sun, 22 Jun 2008 01:25:06 +0000 http://www.foundry.org/2008/06/19/ethanol-floods-more-pain-at-the-pump/#comment-1648 Well stated, Steve. I see it like you do. The addition of ethanol as transportation fuel in the US reduces the demand for gasoline and oil. Without the added ethanol, gas prices would be higher than they are currently. More ethanol reduces demand for oil. Oil increases in price from $1 to $2 to $3 to $4 and now at $4.25 in Oregon, which makes ethanol a bargain and its contribution to the fuel market reduces demand for gas. Good. Well stated, Steve. I see it like you do. The addition of ethanol as transportation fuel in the US reduces the demand for gasoline and oil. Without the added ethanol, gas prices would be higher than they are currently. More ethanol reduces demand for oil. Oil increases in price from $1 to $2 to $3 to $4 and now at $4.25 in Oregon, which makes ethanol a bargain and its contribution to the fuel market reduces demand for gas. Good.

]]> http://blog.heritage.org/2008/06/19/ethanol-floods-more-pain-at-the-pump/#comment-1600 Steve-SD Fri, 20 Jun 2008 10:02:11 +0000 http://www.foundry.org/2008/06/19/ethanol-floods-more-pain-at-the-pump/#comment-1600 That makes a lot of sense. Take 6% of the fuel out of the market. I am sure that will cause oil prices to tumble. Are you really serious? The latest numbers I've seen have ethanol responsible for 2-3% of the increase in food prices. At the same time ethanol is contributing to a decrease of 15% in gasoline prices. Get real. That makes a lot of sense. Take 6% of the fuel out of the market. I am sure that will cause oil prices to tumble. Are you really serious? The latest numbers I've seen have ethanol responsible for 2-3% of the increase in food prices. At the same time ethanol is contributing to a decrease of 15% in gasoline prices. Get real.

]]> http://blog.heritage.org/2008/06/19/ethanol-floods-more-pain-at-the-pump/#comment-1564 Ethanol Business - Ethanol Business And Benefits Of Dynamic Renewable Fuel Thu, 19 Jun 2008 17:49:46 +0000 http://www.foundry.org/2008/06/19/ethanol-floods-more-pain-at-the-pump/#comment-1564 [...] 2. The flooding caused severe damage to crops in the farm belt: “In Iowa, the country’s top corn-growing state, more than 1.3 million acres of corn and 2 million acres of soybeans have been flooded; in total, about 16 percent of the state’s farmland is submerged.” More. [...] [...] 2. The flooding caused severe damage to crops in the farm belt: “In Iowa, the country’s top corn-growing state, more than 1.3 million acres of corn and 2 million acres of soybeans have been flooded; in total, about 16 percent of the state’s farmland is submerged.” More. [...]

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