Gay_Blade

Champion Author
San Jose
Posts:1,037 Points:359,725 Joined:Oct 2011
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Message Posted: Nov 30, 2011 11:28:35 PM
my my, let me get out my crystal ball.. It's not working :(
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Shockjock1961

Champion Author
Illinois
Posts:20,118 Points:2,185,160 Joined:Apr 2006
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Message Posted: Nov 30, 2011 9:46:24 AM
If this were true then there would be no need for minimum usage mandates or taxpayer handouts...
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jacksfan

Champion Author
Lincoln
Posts:2,554 Points:1,237,780 Joined:May 2006
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Message Posted: Nov 30, 2011 9:38:13 AM
"Ethanol was supposed to have made it cheaper, but it seems it has worked just the opposite."
Not true at all. Without ethanol, we'd be paying something like 35 cents to 55 cents more per gallon of gas than we are today.
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jacksfan

Champion Author
Lincoln
Posts:2,554 Points:1,237,780 Joined:May 2006
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Message Posted: Nov 30, 2011 9:36:53 AM
"Ok, let's see direct jobs according to your calculation... 50 workers at 200 plants is 10K Jobs, that leaves a delta of 390K..."
Actually, reb4, nearly 70,400 Americans are directly involved in producing ethanol and providing ethanol facilities with the goods and services needed. As you know, the use and production of ethanol created more than 400,000 jobs across the economy from agriculture to manufacturing to the service sector. Jobs deemed indirect and/or induced, are found in Main Street cafes and local stores as well as in a wide array of industries across the nation that support the production, distribution and use of domestic ethanol.
When you consider that every dollar spent in Small Town USA turns over seven to 12 times, it's easy to see the huge impact the ethanol industry has on our economy.
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MertieMan

Champion Author
Lexington
Posts:14,788 Points:2,895,610 Joined:May 2005
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Message Posted: Nov 30, 2011 9:35:39 AM
Ethanol was supposed to have made it cheaper, but it seems it has worked just the opposite.
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jacksfan

Champion Author
Lincoln
Posts:2,554 Points:1,237,780 Joined:May 2006
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Message Posted: Nov 30, 2011 9:24:18 AM
tomtom08, domestic ethanol production's contribution to the U.S. economy is substantial. Ethanol production adds nearly $54 billion to the GDP and increases household income by $36 billion.
The impact the industry has had on rural economies is simply amazing. You can find several excellent case studies in this study.
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tomtom08

All-Star Author
Providence
Posts:567 Points:66,255 Joined:Dec 2008
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Message Posted: Nov 30, 2011 7:35:37 AM
I have a question for anyone to answer, dose the production of ethanol help boost our economy?
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tomtom08

All-Star Author
Providence
Posts:567 Points:66,255 Joined:Dec 2008
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Message Posted: Nov 30, 2011 7:31:45 AM
jacksfan, in my opinion i think the only good thing about ethanol is all the jobs, with out it more people would be unemployed. but for what i here there is no profit with out government money. so its a waste of tax payers money.
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reb4

Champion Author
Chicago
Posts:19,109 Points:1,822,125 Joined:Sep 2004
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Message Posted: Nov 30, 2011 6:38:02 AM
Jacksfan,
Ok, let's see direct jobs according to your calculation... 50 workers at 200 plants is 10K Jobs, that leaves a delta of 390K...
FYI Jacksfan!
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jacksfan

Champion Author
Lincoln
Posts:2,554 Points:1,237,780 Joined:May 2006
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Message Posted: Nov 29, 2011 11:07:20 PM
"How many direct jobs have been added?"
What does it matter? You've proven you won't believe anything not put out by your cronies in the Anti-Ethanol(TM) crowd, no matter how extremist the group from which it comes.
FYI, an average ethanol refinery provides 50 direct jobs, including for scientists and other professionals as well as production workers, and it pumps more than $360 million a year into the local economy. There are more than 200 ethanol plants in the U.S. You do the math.
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reb4

Champion Author
Chicago
Posts:19,109 Points:1,822,125 Joined:Sep 2004
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Message Posted: Nov 29, 2011 7:22:55 PM
"And when you increase the supply of food by growing more to offset alternative uses (as has happened) the price of food is minimally impacted (as has happened)"
Not enough, conveniently, think someone is learning about control supply and demand from other industries....
"and you add value to your product and create hundreds of thousands of jobs, etc."
How many direct jobs have been added?
I have to laugh from this news article Oil boob shakes up North Dakota Job Market...
"Williston, N.D.— School bus driver Barb Russell heard there was good money to be made here in the oil fields of NorthDakota, so she locked her home in Farmington, Minn., and headed west in September. The 60-year-old tripled her income by driving a bus full of workers to drilling rigs in a place where trucks roar nonstop and everybody who wants a job has one."
And what was the inflated figure used by ethanol study? 400K jobs. Look at these numbers, for one state...Experts say the industry could conceivably pump between 4 billion and 24 billion barrels of oil out of the Bakken, which also extends into Montana and Canada. They say there appears to be enough oil to support drilling 48,000 more wells in NorthDakota during the next 20 years.
Each well has a life expectancy of 30 years or more, supporting 45,000 long-term jobs
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Waterman66

Champion Author
Colorado
Posts:1,386 Points:491,820 Joined:Apr 2007
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Message Posted: Nov 29, 2011 3:36:55 PM
Gasoline would be more. Look at the price of E85 and figure it out.
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jacksfan

Champion Author
Lincoln
Posts:2,554 Points:1,237,780 Joined:May 2006
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Message Posted: Nov 29, 2011 2:55:40 PM
"It should cost less. But opportunists being what they are, the price would stay way up there in the clouds."
Actually, there are plenty of studies that show that without ethanol, we'd be paying 35 to 55 cents more per gallon of gas.
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jacksfan

Champion Author
Lincoln
Posts:2,554 Points:1,237,780 Joined:May 2006
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Message Posted: Nov 29, 2011 2:54:34 PM
"Correct, and when you reduce the supply of food by diverting it to make "fuel" the price of food increases..."
And when you increase the supply of food by growing more to offset alternative uses (as has happened) the price of food is minimally impacted (as has happened), and you add value to your product and create hundreds of thousands of jobs, etc.
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RAB2010

All-Star Author
Kalamazoo
Posts:506 Points:66,210 Joined:Mar 2010
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Message Posted: Nov 28, 2011 8:30:50 AM
It should cost less. But opportunists being what they are, the price would stay way up there in the clouds.
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GrumpyCat

Champion Author
Alabama
Posts:2,606 Points:789,410 Joined:Jun 2009
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Message Posted: Nov 14, 2011 12:35:51 PM
About the same.
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Shockjock1961

Champion Author
Illinois
Posts:20,118 Points:2,185,160 Joined:Apr 2006
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Message Posted: Nov 14, 2011 8:00:23 AM
"And the price of food is determined by supply and demand"
Correct, and when you reduce the supply of food by diverting it to make "fuel" the price of food increases...
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stickyvalves

Champion Author
Iowa
Posts:5,275 Points:1,557,720 Joined:Oct 2005
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Message Posted: Nov 13, 2011 12:09:39 PM
Gas would be 40 cents higher.
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rumbleseat

Champion Author
Winnipeg
Posts:22,925 Points:3,530,290 Joined:Oct 2002
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Message Posted: Nov 13, 2011 8:10:39 AM
Not a hope in heck it would be less, you would be importing more from OPEC, and gasoline prices are determined by market traders. They would have had more control of the gasoline and oil markets, and would have been more able to use the Middle Eastern crises even more to their advantage. And the price of food is determined by supply and demand, and even more by climate. Wait and see what is going to happen to peanut butter because of the drought in prime peanut growing areas of the US. Somebody will still blame it on ethanol, of course, and somebody else will still blame it on Obama, but the record dry conditions are making for a peanut shortage.
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OceanArcher

Champion Author
Mississippi
Posts:5,708 Points:1,328,375 Joined:May 2004
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Message Posted: Nov 13, 2011 7:21:33 AM
I'm not sure about the gas, but perhaps my food bill would be a bit lower
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tomtom08

All-Star Author
Providence
Posts:567 Points:66,255 Joined:Dec 2008
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Message Posted: Nov 12, 2011 3:56:48 PM
my opinion would be less. Why? oil companies are greedy and they would sell another 5% to 10% more because of no ethanol added, and the middle man would not be there to take there bs profit. Farmers should farm, we our country buy way to much food over seas.
[Edited by: tomtom08 at 11/12/2011 4:58:03 PM EST]
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