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Producers Panic as Ethanol Mandate Loses Support
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<blockquote data-quote="Caustic Burno" data-source="post: 1088460" data-attributes="member: 694"><p>You really need to do some research on the subsidies you speak of as it is all energy eligible.</p><p><strong>"Profit margins vary widely at the more than 200 ethanol plants in the country but in Midwest, where most plants are concentrated, the corn "crush" ranges from 70 cents to more than $1 per gallon of ethanol produced."</strong></p><p>Average oil company profit margin is 6.7 cents on the dollar.</p><p>Something to read.</p><p><a href="http://www.api.org/statistics/earnings/upload/earnings_perspective.pdf" target="_blank">http://www.api.org/statistics/earnings/ ... ective.pdf</a></p><p>Be careful what you wish for as well the only way for your cost of fuel to go is up.</p><p>Then educate yourself with the EPA as in most area's of the country ethanol is mandated. There are not just three bleeds of gasoline but dozens mandated by the EPA. These bouquet blends are all that can be sold in certain containment areas.</p><p>In Texas alone you have different blends for the five counties around Houston as well counties around Dallas and San Antonio that differ from the rest of the state..</p><p></p><p>I am tired of playing this game back to deer hunting, cows and agitating TB.</p></blockquote><p></p>
[QUOTE="Caustic Burno, post: 1088460, member: 694"] You really need to do some research on the subsidies you speak of as it is all energy eligible. [b]"Profit margins vary widely at the more than 200 ethanol plants in the country but in Midwest, where most plants are concentrated, the corn "crush" ranges from 70 cents to more than $1 per gallon of ethanol produced."[/b] Average oil company profit margin is 6.7 cents on the dollar. Something to read. [url=http://www.api.org/statistics/earnings/upload/earnings_perspective.pdf]http://www.api.org/statistics/earnings/ ... ective.pdf[/url] Be careful what you wish for as well the only way for your cost of fuel to go is up. Then educate yourself with the EPA as in most area's of the country ethanol is mandated. There are not just three bleeds of gasoline but dozens mandated by the EPA. These bouquet blends are all that can be sold in certain containment areas. In Texas alone you have different blends for the five counties around Houston as well counties around Dallas and San Antonio that differ from the rest of the state.. I am tired of playing this game back to deer hunting, cows and agitating TB. [/QUOTE]
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