Monday, April 09, 2007

RENEWABLE FUELS ORG

http://www.ethanolrfa.org/ an Industry view point.

A reader was earlier PO'D by my post on Ethanol subsidies, it really is not the main point as to WHO gets it, is that TAX PAYERS are footing the bill to produce it. It was argued that OIL COMPANIES, the blenders are the main beneficiaries of this 51 cent per gallon give away.

And that wouldn't surprise me at all.......nor did the $10B profit per qtr at Exxon. (yet Valediz spill not settled?)

D

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