Ethanol from Brazil is an strategic reserve for the US. In the war games the think tanks do, they count with US dropping the 54c tariff in case Hormuz Straight is blocked or Iran fucks up.
"Or Elmat gets his wish, and we import ethanol from Brazil?" I hope we don't need a war for thatwish to become truth
QUOTE: A recent article in the Sunday Telegraph (September 2nd) it was revealed that the United States is wargaming a possible confrontation with Iran. In the scenario Iran has tested a nuclear weapon, thrown out IAEA inspectors, is causing sectarian strife in Iraq, and has blockaded the Straits of Hormuz. The Straits are a choke point in the Persian Gulf region. If blockaded, and other nations are not able to export their oil, oil prices would double. The Heritage Foundation participated in this wargaming session, and weighed in on the economic aspects. Yes, oil would rise in price, millions here in the US would lose their jobs, and approximately $161 billion would be gone from our GDP in one quarter. But they balance the dire news with better news. Releasing strategic oil reserves, drilling in alternative locations, ending import tariffs on ethanol fuel, and breaking the blockade itself are among the recommendations the heritage Foundation had, and they say it would "eliminate virtually all of the negative outcomes from the blockade."
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