Thursday, October 23, 2008

Correction: Corn cannot be too expensive for ethanol

Contrary to the research I posted in July, I have now determined that corn can never become too expensive to produce ethanol for profit. It will always be profitable if the Ag Department's ethanol pimps have any say in spreading our tax dollars around.
U.S. Agriculture Secretary Ed Schafer said the federal government is considering outlays of as much as $25 million to help ethanol plants, which have been hit by volatile commodity prices.

HT - Planet Gore

No comments: