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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Ish who wrote (246147)	4/8/2002 6:27:43 PM
From: Zoltan!	Read Replies (1) \| Respond to of 769670

The corn is in storage because of other subsidy programs. Subsidizing ethanol production would only increase oil needs since the growing, processing and shipping are all done with oil. the cato.org has many articles showing that ethanol production makes no sense at all - except to politicians buying votes and the processors -ADM- growing rich off the massive subsidies.

To: Ish who wrote (246147)	4/8/2002 6:35:38 PM
From: Zoltan!	Read Replies (1) \| Respond to of 769670

Conserve Gas: Scrap the Ethanol Program By Mr. Joseph G. Lehman ISSN: 1093-2240 Despite a 1992 law mandating greater use of ethanol and billions of dollars in subsidies and tax incentives, E-85, the main kind of ethanol fuel, still accounts for less than 1 percent of total U.S. vehicle fuel consumption. -------------------------------------------------------------------------------- The Bush administration recently reported to Congress that the federal ethanol incentive program has done precisely the opposite of what was intended. Instead of reducing gasoline consumption, foreign oil dependency, and air pollution, the program caused Americans to use 473 million more gallons of gasoline in 2000 than in 1999. In fact, if this program remains in place, it actually will increase gasoline use by 9 billion gallons from 2005 to 2008.... mackinac.org