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Old 07-23-2008, 12:46 PM
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dinosaurfan
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Join Date: Aug 2000
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Cool its frustrating

Ken, it is rather frustrating how the price of E85 has jumped so much. It used to be that the price spread was 1 dollar or more, and with the recent spike in petro prices, it ought to be even bigger. But it isn't just the farm lobby that is causing what we see now. It is the petroleum industry that is causing the problem. The petro industry loves ethanol as long as it is in the 10% blend. They make obscene amounts of money from it. It is the petro industry that fights against imported ethanol. Why would they care ? Because if there were enough ethanol on the market for E85 to become more commonplace, the oil types would have to deal with people realizing that there are actual alternatives to their product. They would much rather keep selling folks the 10% blended stuff. There is an "ethanol subsidy benefit' thread on this section. Sadly, 99% of the filling stations out there have a franchise contract with one of the major oil companies. That contract specifies what products they can and can't sell in the store. It restricts advertizing of E85, and where the pumps for E85 have to be. When there are tax credits available for digging holes for new underground tanks, it is the oil companies that get that money, not the farmers. They also specify the price. At the stations that sell E85 around me, the price is always 50 less than regular. Reguardless of the price of corn bushels, the price for E85 tracks gasoline price perfectly. So, if oil is pricey, amd corn stays the same, the oil company and its franchise just makes even more profit. The bigger problem is the sugar lobby. And an even bigger problem is 'high fructose corn syrup'- people eat that stuff.......it is all part of the uSofA becoming a fascist nation. More and more of what is done and what is or is not allowed by our gov't is chosen by what is best for large corporations rather than the citizens of the nation.