The Circle Of Corn-based Ethanol

From redstate.com - The US Government subsidizes the production of corn-based ethanol, as a substitute/supplement for gasoline. To maintain a demand, the US Government pushes for standard gasoline mixtures containing 10% ethanol.  This will supposedly decrease pollution and increase efficiency. Corn is then turned into ethanol wholesale. Corn-based food prices rise.  That includes critters that eat corn, by the way. This results in higher food prices domestically.  This decreases efficiency. This also results in more food insecurity globally. Corn-based ethanol, being subsidized, crowds out other ethanol fuels.  If this is confusing: please, reference Gresham’s Law, and generalize from its specific example. Ethanol, being less energy efficient than gasoline - which is why we weren’t using it to begin with - ends up causing effective inflation, as it costs more to go the same distance in your car.  This also increases pollution. In short, 10% ethanol gasoline results in more pollution and less efficiency. Therefore, the only solution… is to raise the amount of ethanol in gasoline to 15%. You have to realize, of course, that darn few DC bureaucrats actually drive anywhere.  And the ones that do rarely pump their own gas.

The Circle Of Corn-based Ethanol