Today in Biofuels Opinion: “how many more farmers will be beguiled by biofuels? Resist? They’re here already! You’re next!”

Kenneth Rapoza in the Wall Street Journal: “RFA president Bob Dinneen argued that ethanol has played a central role in reducing oil imports and lowering gasoline prices. But that played right into Unica’s hands, because Unica’s argument is that if U.S. corn ethanol lowers gasoline prices, as Dinneen says, cheaper Brazilian ethanol would lower prices even more. While U.S. ethanol goes for around $2.90 a gallon, Brazilian ethanol goes for around $1.40 a gallon. Even with the $0.54 per gallon duty, Brazilian ethanol is around $0.90 cheaper per gallon.”

Harry Nicolaides, Eureka Street: “With many of the world’s poorest nations teetering on collapse because of rising food prices and civil unrest, how many more farmers will be beguiled — and subverted — by biofuel’s blue-sky promise before the speculative greening of the gold rush ends? Resist? They’re here already! You’re next!”

Free Subscription to the Daily Biofuels Digest e-newsletter

Related Stories

Today in Biofuels Opinion: “Brighter days seen for solar, next-gen biofuels.”

Renewable Fuels Association CEO Bob Dineen: "Helio Castroneves might have finished first [in the Indy 500]. But the real winner of that historic race was Ethanol. Because ethanol burns at a higher com...

Today in Biofuels Opinion: “There are 21 farm states, and that’s 42 senators…They’re going to have ethanol.”

T Boone Pickens, reporting a conversation in 1996 with Bob Dole: "He said, "Ethanol is, you say it's a bad fuel." I said, "Come on Bob, you spend more money making it than importing it." And he said, ...

Today in Biofuels Opinion: “[Aventine] can be a bit cavalier about their risk management.”

Champaign County Farm Bureau Manager Brad Uken in TmcNet: "I believe there is a relationship between the amount of corn in ethanol and the effect it has on the price of corn. You have not seen a decre...

Today in Biofuels Opinion: ” McCain also has promised Iowa corn farmers that they can kiss goodbye their costly, distorted, environmentally ruinous ethanol program.”

Deroy Murdock in the Seattle Post-Intelligencer: "McCain-Palin's "all of the above" approach would include fast-tracking 45 atomic power plants for construction by 2030. McCain also has promised Iowa ...

Today in Biofuels Opinion: “Domestically produced fuels bring jobs and money back to our communities”

From the Tucson Citizen (Colleen Crowinshield, Clean Cities manager for the Pima Association of Governments): "Did you know that an average of one farmer a day retires due to lack of crop demand? Does...

Today in Biofuels Opinion: “corn farmers and ethanol producers know they are running a cruel hoax on the American consumer”

Walter E. Williams, professor of economics at George Mason University: "Ethanol is so costly that it wouldn't make it in a free market. It's easy to understand how the public, looking for cheaper gaso...