More ethanol subsidies
While on the subject of fuel, you might be interested in this news item from the Department of Agriculture. It seems that USDA Secretary Tom Vilsack has decided that this country doesn’t have enough gas station pumps that can dispense “gasoline” with an ethanol content higher than 10%.
New blender pumps, which Mr. Vilsack said cost about $120,000 to install, … would make it easier for drivers of conventional cars to increase the ethanol content of the gasoline they buy.
So, the Department of Agriculture has decided it would be a swell idea if your tax dollars were used to provide loan guarantees and grants to station owners who want to install these new pumps. According to the Department, the total cost of this proposal is unknown because we don’t know how many folks will take advantage of this nifty program.
Maybe I missed something, but, I haven’t met anyone who is clamoring to put E-15 in their vehicles. I don’t know, perhaps they are deterred by the fact that their car manufacturer has informed them that their warranty is voided if they use an ethanol content greater than 10%.
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