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David Deutsch, Jimmy Carter's Undersecretary of Energy (let's see the
tree-huggers impeach THAT source!), has calculated that ethanol in gasoline is costing consumers $120 for every barrel of oil it replaces; with crude selling for under $70 per barrel the only people smiling about this are the corn growers, the ethanol producers, the politicians they've bought and people dumb enough to believe just about anything. I live in Iowa and I'm seeing close-up the ignorant boosterism that's behind this economically unsustainable scheme. |
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