[AT] gasoline

[Guy Fay]

Even more discussion, some of those subsidies go back to 1913, back when
ethanol was more common as a fuel. Maybe it was subsidies back then that
beat ethanol....
http://www.nytimes.com/2010/07/04/business/04bptax.html?_r=1


-----Original Message-----
From: at-bounces at lists.antique-tractor.com
[mailto:at-bounces at lists.antique-tractor.com] On Behalf Of Dave Rotigel
Sent: Thursday, December 30, 2010 11:01 PM
To: Antique tractor email discussion group
Subject: Re: [AT] gasoline

Hi Jim, Now there is an interesting juxtaposition of two unrelated topics if
I ever heard one!
	Dave
PS, Please point out to me an "oil subsidy." 

On Dec 30, 2010, at 8:12 PM, Jim & Lyn Evans wrote:

> OK. Lets get rid of the oil subsidies also and call off the two wars
> overseas and let's see where the price of gasoline ends up.
> 
> 
> -----Original Message-----
> From: at-bounces at lists.antique-tractor.com
> [mailto:at-bounces at lists.antique-tractor.com] On Behalf Of Ron Cook
> Sent: Thursday, December 30, 2010 6:40 PM
> To: Antique tractor email discussion group
> Subject: Re: [AT] gasoline
> 
> Subsidies exist for the government to override free market.  Subsidies 
> push whatever the government wants to push whatever way it wants to push 
> it.  No subsidies on anything and let the free market work is the way to 
> solve the problems.
> 
> Ron Cook
> Salix, IA
> 
> On 12/30/2010 6:23 PM, Phil Vorwerk wrote:
>> Oh, I agree, subsidies are needed to help develop new technologies that
> have
>> a payback that is so far out on the horizon that no sane person or
> business
>> would invest in the research.  I like to see a free market given as much
>> freedom as possible, but I also know that sometimes intervention is
>> necessary.  I also realize that the profitability of ethanol swings
wildly
>> with the relative cost of crude oil.  (I'm a businessman, but my
education
>> is in economics.)  There are a lot of alternative energy sources that
will
>> become viable as the cost of crude oil inevitably rises over the course
of
>> time.  But after 30 years isn't it time to take off the training wheels?
> If
>> the technology has been developed already that it is now efficient and
>> profitable to produce corn based ethanol why is there any subsidy at all?
>> 
>> I wonder how the grass based ethanol research is progressing.  It sounded
>> like it had a great deal of promise a few years ago - from what I heard
it
>> was supposed to be more efficient to convert to ethanol than corn, and
not
>> as demanding on our land resources.  In fairness, the current ethanol
>> subsidies could be helping push this research along also.
>> 
>> Phil
>> 
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