jacksfan
Champion Author
Lincoln
Posts:2,556
Points:1,245,595
Joined:May 2006
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Message Posted: Apr 30, 2011 1:19:09 PM
"The difference is I actively advocate for the discontinuation of education subsides SS."
If this were true you wouldn't continue accepting subsidies, nor would you continue working in an industry that spends tens of millions lobbying for them. Such hypocrisy. You're a real piece of work, shocky.
[Edited by: jacksfan at 4/30/2011 2:21:08 PM EST]
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Shockjock1961
Champion Author
Illinois
Posts:20,375
Points:2,211,885
Joined:Apr 2006
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Message Posted: Apr 30, 2011 11:36:40 AM
The difference is I actively advocate for the discontinuation of education subsides SS.
It's not the Feds job to determine what enterprise should succeed by providing subsides to make it appear the product is competitive or mandate it's use....
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SilverStreaker
Champion Author
Twin Cities
Posts:12,074
Points:2,243,185
Joined:Mar 2006
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Message Posted: Apr 30, 2011 10:11:18 AM
Of course they always have the tax payers pockets to pick to keep themselves in business...
Just like you, Shockjock1961!
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Shockjock1961
Champion Author
Illinois
Posts:20,375
Points:2,211,885
Joined:Apr 2006
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Message Posted: Apr 29, 2011 4:30:37 PM
If 2008 is any indication. High corn prices force ethanol producers to file bankruptcy.
Of course they always have the tax payers pockets to pick to keep themselves in business...
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nrg2004
Champion Author
Austin
Posts:2,345
Points:703,455
Joined:Mar 2004
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Message Posted: Apr 28, 2011 7:25:40 PM
I was hoping some person might say at $8 a bushel that ethanol would need to sell for $3.50 or something like that.
I know that petroleum refineries have many costs, but they get what is called refinery gain, i.e. the sum of the products is greater in volume than the sum of the inputs. This is due to breaking down the long chain hydrocarbons into shorter chains through catalytic cracking etc.
I just wondered about the price required for ethanol at higher input prices.
I see the corn here in texas drying up, so I expect ethanol inputs to rise even higher.
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FIREJKP22
All-Star Author
Pittsburgh
Posts:588
Points:249,700
Joined:Feb 2003
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Message Posted: Apr 28, 2011 7:14:02 AM
Remember there are many energy costs in refineries who produce gasoline as well.
Also, the reason food prices are going up is due to the trucks that transport the fuel use diesel, so the trucking costs go up, and it gets passed to the consumer.
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