Ethanol Subsidy Comes to a Halt as of January 1, 2012
After 30 years of subsidies to farmers and car makers for vehicles which will run on ethanol…it all came to a whimpering halt on January 1st. With no fan fare at all….the subsidy is gone. Experts say it will have little effect on sales of those vehicles. Now there should be a lot less ethanol produced. Maybe we can get back our , corn-on-the-cobb again this Summer.
Didn’t happen fast enough to suit most folks. It was a bad idea that has cost consumers billions of dollars for nothing. Another government intrusion which was all wrong from the beginning. It was gasoline in 1900…and it’s gasoline once again.
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