Jun 26, 2006

Why gas prices are soooo high.... really.

Ethanol in the U.S. is subsidized through a 51-cent-a-gallon tax credit. Corn-based ethanol, largely produced from Midwest crops, dominates the U.S. market. It might face competition from sugar-based ethanol, which is more energy-efficient and largely produced overseas. But a 54-cent-a-gallon tariff on sugar-based ethanol essentially freezes it out of the U.S. market.

Comments:
"Equal" competition is what makes America the greatest nation in the world. Only by relieving regulations on fuels will we have "Equal” playing field for alternative energies. With all the current subsides and unbalanced taxes on “hybrids” and “alternative” fuels it is IMPOSSIBLE for the average consumer to recognize a truly “innovative” and sustainable energy source.

It is true that 85% on all Americans want to do “what is right for the environment”… now it is our challenge to seek out the truth in what IS right for the environment.