President Trump will extend the use of ethanol in gasoline to benefit farmers. Pull back the covers and the only ones benefiting from ethanol are Monsanto (now Bayer), subsidized farmers and the government.
GMO corn means more money in the pockets of Bayer for their seed and their cancer causing pesticides. Farmers receive money from the politicians trying to assuage their lobbyist payoffs. The government receives more in taxes since ethanol lowers mileage by 10% which means that we have to buy more gas to travel the same amount of miles.
Making a gallon of ethanol requires more energy than it produces in a gasoline engine so it makes us more energy dependent. Gasohol also ruins hoses and carburetors in cars and small engines. The strangest part of this “strategy”: corn production in the US will be about 50% less this year than normal due to flooding.
So why would the President divert corn from the food supply to increase our energy consumption? We already are seeing the price of food go up. Wait until the price reflects the true cost of this year’s food production shortage.
The Trump administration has finalized a plan that will allow higher ethanol gasoline to be sold in summer months, a decision that is likely to draw concern from environmentalists who say the fuel is harmful in warm temperatures.
The decision announced by Environmental Protection Agency (EPA) officials Friday also signals a move President Trump is taking to appease corn farmers, many of whom have been hit hard by recent Chinese trade tariffs.