Tuesday, January 24, 2012

HAVE A GREAT WEDNESDAY READERS!

We finally got rid of most of the "fat cat" ethanol subsidies, and now due to these subsidies for decades, the ethanol manufacturing business has gotten so overloaded that they are now exporting ethanol to the tune of 1.1 BILLION gallons. They are making more ethanol than US drivers are consuming with ethanol gas! Think about this..........the ethanol industry is clearing more and more land to grow more and more corn, with the millions of tons of added fertilizers coming down river to worsen the already bad "red algae" layer that shows up in the Gulf every summer and threatens to kill Gulf fisheries, and continues to increase the cost of ALL food products in which corn is used, directly or indirectly! Can you believe this? They're shipping food to foreign countries in the form of ethanol!

We need to continue to hammer our US Congressmen and Senators to STOP this ethanol fuel insanity! It's gotten totally out of hand..........see the article below:



RFA says US ethanol exports at highest level in 2011

16 January 2012

The Renewable Fuels Association (RFA) says the ethanol exports for last year could have been more than 1.1 billion gallons, thanks to a new monthly record set in November.

More than 150 million gallons was exported in that month, according to government figures, going mainly to Brazil. The fuel was also exported to Canada, Mexico and the Netherlands were the other main export destinations.

From November 2010 to November 2011, more than 1 billion gallons was exported and the total for 2011 was due to hit 1.11 billion gallons. However, these exports are the ones that did not qualify for an ethanol blend tax credit because the ethanol was not mixed with petrol before being exported.

‘Exports have become an important part of the business model for American ethanol producers,’ says Geoff Cooper, VP of research and analysis at the RFA. ‘American ethanol producers are the lowest cost provider of motor fuel today and have ample supplies available to help meet ethanol demand around the globe. While the preference for American producers would be to use more ethanol domestically through use of higher ethanol blends like E15, E30 and E85, overseas markets will remain a viable and important part of America’s ethanol industry.’


Last month, Cooper said that US policies had ‘perversely incentivised’ the importation of ethanol from Brazil and he estimates that this will continue throughout this year.


"Pete" Landry.........comments welcome.........at............way2gopete@yahoo.com