Tuesday, April 26, 2016

"Corn-Based Ethanol: The Real Cost," Article by Michael J. Economides



"It was supposed to be the fuel that could wean, at least partially, the United States and other petroleum importing countries from their dependence on foreign oil."


“Last year, the Congressional Budget Office reported that the cost to taxpayers of using corn ethanol to reduce gasoline consumption by one gallon is $1.78. This year, the corn ethanol sector will produce about 13.8 billion gallons of ethanol, the energy equivalent of about 9.1 billion gallons of gasoline. Using the CBO’s numbers, the total cost to taxpayers this year for the ethanol boondoggle will be about $16.2 billion.”


http://fuelfix.com/blog/2011/05/13/corn-based-ethanol-the-real-cost/



Diane H., Corn Allergy Advocate
Corn Allergy Advocacy/Resources
@CornAllergy911

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