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GasBuddy News Article

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Ethanol producers feeling pinched

Chicago Tribune -- One of the engines of the Midwest's agricultural economy has started to sputter.
Production of ethanol, the corn-based fuel additive, is slowing as manufacturers struggle with record low profit margins.
Last month, Valero Energy Corp., one of the largest U.S. ethanol producers, temporarily closed two of its 10 plants. Several other ethanol mills have been idled or curtailed production.
The pain comes on the heels of excitement in the fall when ethanol demand jumped as oil companies and distributors anticipated the expiration of a federal tax credit. The market gyrations pose new challenges to a young industry that has enjoyed, with few interruptions, extraordinary growth, thanks to a federal mandate requiring use of ethanol or other renewable fuels in gasoline.
The industry's expansion....


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Submitted Jul 09, 2012 By: 1studman
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Ethanol producers feeling pinched Back to Topics
REPLIES (newest first) Post a Reply
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FuelBarge
Champion Author Long Island

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Message Posted: Jul 10, 2012 7:51:37 AM

I agree. I have a hard time feeling any sympathy. We have a stupid mandate to use the stuff. We are using our food to produce the fuel and they got plenty of tax breaks. If they cannot make a go of it without government help then it is not worth pursuing.
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RedRam2005
Champion Author San Antonio

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Message Posted: Jul 10, 2012 7:43:41 AM

It is hard (impossible) to feel sorry for the ethanol producers. Since the forced used of ethanol the mpg of vehicle has dropped.
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remay
Champion Author Houston

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Message Posted: Jul 10, 2012 4:41:56 AM

WHO feels "pinched"? And is that any worse than feeling FORCED to use it?
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SUPERSTEVIEO
Champion Author Quebec

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Message Posted: Jul 10, 2012 3:27:12 AM

corn was made to eat...
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NedW
Champion Author Indianapolis

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Message Posted: Jul 9, 2012 11:33:34 PM

Ethanol is hard on the equipment that burns it, takes more energy to produce than it yields, reduces the fuel efficiency of engines in which it is used...then there's the ethical consideration of the number of people that have to go to bed hungry every night...how did this idea ever get off the ground?
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Blismo
Champion Author Arizona

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Message Posted: Jul 9, 2012 7:48:54 PM

oh well
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leeac
Champion Author Ohio

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Message Posted: Jul 9, 2012 7:28:58 PM

Corn for fuel is dumbest idea for a long time. It must be subsidised and it causes the price of food to go up.
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PDQBlues
Champion Author San Diego

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Message Posted: Jul 9, 2012 4:24:52 PM

wamster: Get corn out of our fuel, and back in the bellies of people.

... and in the bellies of the cows and pigs that eat the corn.
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wamster
Champion Author Houston

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Message Posted: Jul 9, 2012 3:17:24 PM

Get corn out of our fuel, and back in the bellies of people.
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BuckyTJones
Champion Author Salt Lake City

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Message Posted: Jul 9, 2012 1:59:31 PM



Any Politician with Ethanol breath needs to go in November.
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BobBG
Champion Author Albany

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Message Posted: Jul 9, 2012 12:52:43 PM

With the current drought this years corn crop could be the smallest in years. Corn for food should be our top priority; I don't need or want it in our fuel anyway.
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dr047
Champion Author Cleveland

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Message Posted: Jul 9, 2012 12:40:07 PM


Ethanol is corrosive No matter what it's made from. End this Scam.
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tnfran
Champion Author Arizona

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Message Posted: Jul 9, 2012 10:43:30 AM

Yeah they closed plants that are producing a 'garbage fuel' that is "wasting our food sources" and helping the prices upwards. Sad for those that are losing their jobs because of it but if these co's producing this rubbish ,applied their technology to a fuel that is made from NON FOODS it would be different.
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Wanda127
Champion Author Florida

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Message Posted: Jul 9, 2012 10:02:43 AM

Well said Shaduu & MontanaMac.
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Shaduu
All-Star Author Twin Cities

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Message Posted: Jul 9, 2012 9:06:13 AM

ethanol was never a good idea and with the crops as bad as they are this year its about time they stopped ethanol for good.
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MontanaMac
Champion Author Washington

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Message Posted: Jul 9, 2012 9:05:04 AM

End all ethanol subsidies now.
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aquarinut
Champion Author British Columbia

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Message Posted: Jul 9, 2012 8:52:29 AM

Be nice to see it go away!
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fuel2use
Champion Author Seattle

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Message Posted: Jul 9, 2012 8:37:14 AM

Good. E-0 gas.
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stopforgas
Champion Author Mississippi

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Message Posted: Jul 9, 2012 8:20:08 AM

I just don't like ethanol. And believe me I tried to be open minded. I even used E-85 for a while when a local gas station started offering it. My mileage on my Tahoe went from 17 mpg to 8 mpg and the 30 cents a gallon discount obviously didn't cover the loss. Now I look for 100% gasoline every time I fill up.
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puinsai808
Champion Author Honolulu

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Message Posted: Jul 9, 2012 7:51:12 AM

Good
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JoeKR
Champion Author New Jersey

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Message Posted: Jul 9, 2012 7:50:43 AM

Ban food based ethanol!
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OldMan322
Champion Author Illinois

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Message Posted: Jul 9, 2012 7:48:55 AM

"dopster" YES !! and the seed corn fields are the poorest looking in 50 years
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mswillia
Champion Author Milwaukee

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Message Posted: Jul 9, 2012 7:46:56 AM

if there is no profit, it should go away.
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LoadToad
Champion Author San Diego

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Message Posted: Jul 9, 2012 7:45:42 AM

I'm glad they haven't found a way to put it into diesel fuel.
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chvytruk
All-Star Author Kentucky

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Message Posted: Jul 9, 2012 7:44:34 AM

Pinch the head off ethanol, and promote domestic drilling, despite what cluless Chu and the Kenyan too, would like to have happen.
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BlackGumTree
Champion Author Virginia

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Message Posted: Jul 9, 2012 7:37:04 AM

This is what happens when fuel producers are forced to mixed in a certain additive. The fuel produces have no incentive to use anything else and the ethanol producers have no incentive to produce.

We need to get the Idiots out of the federal government.
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ag4ever
Veteran Author Houston

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Message Posted: Jul 9, 2012 7:30:07 AM

Seems like a smart idea, take a staple food crop and convert it into fuel when we have plenty of non food crop fuel. Then let the cost of food skyrocket. Smart marketing by our government and all the EPA greenie weenies.
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NO_SWEAT
Champion Author Toronto

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Message Posted: Jul 9, 2012 7:29:45 AM

Good - They know where they can 'Flame' it.
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porotito
Champion Author Houston

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Message Posted: Jul 9, 2012 7:27:19 AM

Good...
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spooky255
Rookie Author Pennsylvania

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Message Posted: Jul 9, 2012 7:27:05 AM

...
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Grizzy227
Champion Author Pennsylvania

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Message Posted: Jul 9, 2012 7:26:48 AM

I am not impressed with ethanol
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RetFireLT
Champion Author Kentucky

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Message Posted: Jul 9, 2012 7:26:41 AM

Good! We don't want ethanol anyway.
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dopster
Champion Author Toledo

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Message Posted: Jul 9, 2012 7:26:14 AM

Add to that the drought in the mid west affecting corn production!
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INBwana
Champion Author Indiana

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Message Posted: Jul 9, 2012 7:25:51 AM


NO FOOD FOR FUEL!!!!
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chvytruk
All-Star Author Kentucky

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Message Posted: Jul 9, 2012 7:25:33 AM

TOO BAD!!
Ethanol hasn't lived up to the lower prices that the hype promised. But the subsidies have enriched a bunch of big-time farm operations at the cost to taxpayers and reduced grain supplies for countries overseas needing to feed people.
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ModelWarships
Champion Author Missouri

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Message Posted: Jul 9, 2012 7:25:29 AM

end the mandate, and increase your mileage now. Ethanol robs us of MPG's and forces us to import more.
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Jizme
Champion Author Lincoln

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Message Posted: Jul 9, 2012 7:24:44 AM

For every plant that is closed there is less profit to be made.
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Caribou2011
Champion Author Ohio

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Message Posted: Jul 9, 2012 7:24:23 AM

Use corn for food, not for fuel!!
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olebufnav
Champion Author Omaha

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Message Posted: Jul 9, 2012 7:24:02 AM

Ethanol belong in glasses with ice cubes, not in gas tanks.
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twiper1
Champion Author San Diego

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Message Posted: Jul 9, 2012 7:23:39 AM

ethanol is garbage
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stpatrickbday
Champion Author Albuquerque

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Message Posted: Jul 9, 2012 7:23:14 AM

ok.
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scrossi
Champion Author Indiana

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Message Posted: Jul 9, 2012 7:22:48 AM

Agreed jtfftj.
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DrZNY
Champion Author Albany

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Message Posted: Jul 9, 2012 7:22:47 AM

There should be regulation on corn prices since it is both a food source and used in making ethanol!
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59glide
Champion Author New Haven

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Message Posted: Jul 9, 2012 7:22:13 AM

STOP MAKEING IT!
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jtfftj
Champion Author New Hampshire

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Message Posted: Jul 9, 2012 7:20:42 AM

Greed is such a motivating force.
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putz247
Champion Author Ohio

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Message Posted: Jul 9, 2012 7:19:06 AM

interesting
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run4gxc
Champion Author Ohio

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Message Posted: Jul 9, 2012 7:17:07 AM

ok
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jlf599
Veteran Author Kentucky

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Message Posted: Jul 9, 2012 7:16:23 AM

Fuels based on consumable foods just seem like a bad idea period...
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Goatroper
Champion Author Dallas

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Message Posted: Jul 9, 2012 7:04:17 AM

Switch to methanol.
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merlinCO
Champion Author Colorado

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Message Posted: Jul 9, 2012 6:50:35 AM

The oil companies have won the battle against ethanol. They have told us that it is bad, causes high prices and has poor performance. Can anyone tell me how much the oil companies are putting into the gas? At $2.40 a gallon, they will put up to the legal limit of 38% and make $3.50 at the pump. That is a profit of over a dollar a gallon. Learn the facts about ethanol, don't kill it.
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