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GasBuddy News Article

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Drought crop damage worsens, ethanol waiver urged

Reuters -- (Reuters) - The worst drought in more than 50 years has caused more damage than expected to corn and soybean crops, the government said on Friday, heightening calls for a suspension of ethanol quotas to head off another global food crisis.

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Submitted Aug 11, 2012 By: FXRider94
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Drought crop damage worsens, ethanol waiver urged Back to Topics
REPLIES (newest first) Post a Reply
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honda0105
Champion Author Tallahassee

Posts:22,192
Points:2,061,740
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Message Posted: Aug 14, 2012 4:31:29 AM

EtOH has never been the answer to fuel problems in this country. Esp. not EtOH from corn and other FOOD products.

This would be an ideal time to step back and rethink, alas, it's not going to happen - if for no other reason than it's a political year and election/electability is more important than solving real issues.
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LetemEatCake
Champion Author Oklahoma City

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Message Posted: Aug 12, 2012 10:26:28 PM


Nobody can afford a global food crisis....this is how wars start!
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RegularGasUser
All-Star Author Albany

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Message Posted: Aug 12, 2012 3:49:26 PM

No brainer.....get rid of ethanol.

RGU
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SkooterG
Champion Author Phoenix

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Message Posted: Aug 12, 2012 1:59:05 PM

Don't hold your breath. Freaking politicians.
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carranco
Champion Author Georgia

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Message Posted: Aug 12, 2012 10:10:43 AM

How much talk does it take to get this waver done? This is not complicated. Politicians can't even make the easy decisions.
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daequitz
Champion Author New Jersey

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Message Posted: Aug 12, 2012 6:04:47 AM

The gov't imposing corn quotas for enthanol. We're not at war. Too much damn gov't. I'm just so sick of this.
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tomok
Champion Author Portland

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Message Posted: Aug 12, 2012 5:00:20 AM

No Fuel From Food!
NO ETHANOL NEEDED OR WANTED!
No Waiver issued!
No taxpayer funded subsidies!
What stinking global warming?
Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. Consider using other forms of less expensive transportation to lower your cost.
The price of fuel at the pump is too high!
12/22/2012!
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dave12
Champion Author Twin Cities

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Message Posted: Aug 11, 2012 11:18:26 PM

Wouldn't it be nice to get it done at the next ELECTION!
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dave12
Champion Author Twin Cities

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Message Posted: Aug 11, 2012 11:17:29 PM

We need to get rid of ethanol and Orectum!
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must87searcher
Champion Author Maryland

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Message Posted: Aug 11, 2012 11:14:01 PM

Ethanol is not worth the trouble and cost. It should never have been put into usage in the first place. Now we see the mistakes come into easy sight.
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stopforgas
Champion Author Mississippi

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Message Posted: Aug 11, 2012 10:54:50 PM

Maybe this will finally kill ethanol
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rahcat
Champion Author Grand Rapids

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Message Posted: Aug 11, 2012 10:45:15 PM

We need the corn crop to feed livestock, not ethanol.
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jetskijerry
Champion Author North Carolina

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Message Posted: Aug 11, 2012 10:41:14 PM

No ethanol!
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TBONE3
Champion Author Pennsylvania

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Message Posted: Aug 11, 2012 10:40:20 PM

Get rid of ethanol. Do your country and the motorists a good deed.
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Blue48
Champion Author Illinois

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Message Posted: Aug 11, 2012 10:39:49 PM

JUST KILL ETHANOL NOW!

[Edited by: Blue48 at 8/12/2012 12:44:21 AM EST]
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gaswatchON
All-Star Author Ontario

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Message Posted: Aug 11, 2012 10:39:24 PM

Texas Petro-Terrorists Built a new $20 Billion dollar refinery in Texas but before they did that they went around the country and bought up refineries to close them so they can control all the oil in the country from Texas.

They also want an increase in the ethanol refineries because it's a lot cheaper to refine ethanol than crude BUT they can sell it in gas for the same price as gas, 15% of a gal of gas is ethanol their cost goes down considerably but profits skyrocket up. Just because ethanol production reduces food crops does not matter as long as profits go up.
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srchr
Champion Author San Jose

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Message Posted: Aug 11, 2012 10:37:10 PM

maybe after the election
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Glock26
Champion Author Dayton

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Message Posted: Aug 11, 2012 10:35:47 PM

Ban Ethanol!!!
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BobD2009
Champion Author Long Island

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Message Posted: Aug 11, 2012 10:34:27 PM

Abolish ethnanol.
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crreed1
Champion Author West Virginia

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Message Posted: Aug 11, 2012 10:34:21 PM

ok
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n3tbc
Veteran Author Wilmington

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Message Posted: Aug 11, 2012 10:34:08 PM

Ok
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VetteFan
Champion Author Indiana

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Message Posted: Aug 11, 2012 10:33:57 PM

Reuters is probably advising investors to invest in corn futures and anything that would be used to supplement the shortfall. All of which will only guarantee higher prices before we even see the shortage.
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rollercoaster
All-Star Author Hartford

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Message Posted: Aug 11, 2012 10:33:38 PM

good
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MrLefty0706
Champion Author Chicago

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Message Posted: Aug 11, 2012 10:28:50 PM

Without an ethanol waiver we will see major increases in food prices.
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AriesMMD
Champion Author Sacramento

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Message Posted: Aug 11, 2012 10:27:11 PM

Still not going to change in an election year.
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heartbroken2010
Champion Author Ottawa

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Message Posted: Aug 11, 2012 10:26:23 PM

not likely to happen i would think.
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1fulltank
Champion Author Buffalo

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Message Posted: Aug 11, 2012 10:24:25 PM

Pretty much the same article as the previous one.
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shores4now
Champion Author Kentucky

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Message Posted: Aug 11, 2012 10:24:17 PM

Ok
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SteelPenny
Champion Author Dallas

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Message Posted: Aug 11, 2012 10:24:11 PM

Corn and soybean is for food only.
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geoutpb
Champion Author Midland Odessa

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Message Posted: Aug 11, 2012 10:23:47 PM

Time to drop ethanol.
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langolera
Champion Author Akron

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Message Posted: Aug 11, 2012 10:22:38 PM

just stop them and make better cars. maybe prices globally on food will start to go down so maybe we can afford that steak once in awhile...
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WIWalt
Champion Author Wisconsin

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Message Posted: Aug 11, 2012 10:21:59 PM

Yep
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malfrog1
Champion Author South Bend

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Message Posted: Aug 11, 2012 10:21:39 PM

Goodbye ethanol subsidies
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driveonby1
Champion Author Toledo

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Message Posted: Aug 11, 2012 10:19:28 PM

Has ethanol been the success that farm subsidy takers say it is. Who is to benefit from the waiver, really?
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bluetatanka
Champion Author Philadelphia

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Message Posted: Aug 11, 2012 10:18:28 PM

Just say "No" to ethanol!
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dollarwatcher
Champion Author Wisconsin

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Message Posted: Aug 11, 2012 10:18:19 PM

Just get rid of the crap all together.
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pebble12
Rookie Author New York

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Message Posted: Aug 11, 2012 10:17:07 PM

OK
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PaylessKY
Champion Author Kentucky

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Message Posted: Aug 11, 2012 10:16:27 PM

End ethanol, and use corn for food.
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idigau22
Champion Author Washington

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Message Posted: Aug 11, 2012 10:16:25 PM

Stop Ethanol Period!!!!!!!!!!!!!!!
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HEBster
Champion Author Kentucky

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Message Posted: Aug 11, 2012 10:16:15 PM

Guess so
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panda317
Champion Author Tampa

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Message Posted: Aug 11, 2012 10:16:12 PM

ok
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gocatgo
Champion Author South Carolina

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Message Posted: Aug 11, 2012 10:16:11 PM

Corn is doing just fine in SC and the farmers are loving it. Still ethanol sux.

[Edited by: gocatgo at 8/12/2012 12:17:35 AM EST]
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goldseeker
Champion Author West Virginia

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Message Posted: Aug 11, 2012 10:15:56 PM

All BS.
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CartelBuster
All-Star Author Detroit

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Message Posted: Aug 11, 2012 10:15:46 PM

We need corn for food, not fuel.
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Rageagainsttm
Champion Author Tampa

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Message Posted: Aug 11, 2012 10:15:43 PM

good
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96WAGON
Veteran Author Sacramento

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Message Posted: Aug 11, 2012 10:15:32 PM

I wonder if this could also be the reason for higher gas prices. Pig Oil helping America's corn farmers. Someone's getting "kickbacks" damn sure isn't the average person filling their tanks!!
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jerej829
Champion Author Memphis

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Message Posted: Aug 11, 2012 10:13:25 PM

ok
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mil2008
All-Star Author San Jose

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Message Posted: Aug 11, 2012 10:12:25 PM

ok
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sit
Champion Author Cleveland

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Message Posted: Aug 11, 2012 10:12:14 PM

NO ETHANOL.
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mrinmoyd
Champion Author Illinois

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Message Posted: Aug 11, 2012 10:10:42 PM

no need
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