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GasBuddy News Article

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Drought and the Second Ethanol Crash

OilPrice.com -- When gas prices plummeted during the recession and at least half of US ethanol producers went bankrupt in the 2008-2009 ethanol crash, ethanol production continued to increase. But ethanol will crash again in the face of a summer drought, and this time the crash will be more definitive.

The difference this time around is that the ethanol will not crash because of product value, but because of under-supply of feedstock, like corn.


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Submitted Aug 16, 2012 By: NOTSOGRN
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Drought and the Second Ethanol Crash Back to Topics
REPLIES (newest first) Post a Reply
Night Owl
Champion Author Toronto

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Message Posted: Aug 16, 2012 7:23:02 PM

Just get rid of that ethanol crap.
07skydriver
Champion Author Ohio

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Message Posted: Aug 16, 2012 7:04:21 PM

Stupid Dubya.
jimgraham
Champion Author Akron

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Message Posted: Aug 16, 2012 1:19:48 PM

In a real free market, products must stand on their own or fail - ethanol in gasoline is a BIG fail - but Uncle Sam makes it a winner at our expense.

Give me E0.
WalkingWV
Champion Author West Virginia

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Message Posted: Aug 16, 2012 11:25:29 AM

Just ban ethanol.

Why add something to gas that decreases mileage, and then mandate higher mpg from the manufacturers?
leraar2
Champion Author Massachusetts

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Message Posted: Aug 16, 2012 10:13:53 AM

wonderful news.

bring back PURE gasoline.
NukeAtComEd
All-Star Author Milwaukee

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Message Posted: Aug 16, 2012 9:53:33 AM

LOL - where else can a company stop production when it has a guarenteed market and with the price of gasoline going up, the corn prices going up and the amount of support given by the Feds and States, the compnay can't charge enough - Did the original GM/Chrysler executives start running this company?
MontanaMac
Champion Author Washington

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Message Posted: Aug 16, 2012 8:40:58 AM

End the ethanol program now.
ZeroBoxes
Champion Author Mississippi

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Message Posted: Aug 16, 2012 8:40:32 AM

C A U T I O N: WHA educated civil servants at work.
crep1291
Champion Author Ottawa

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Message Posted: Aug 16, 2012 8:36:20 AM

There's no magic bullet. Whatever the government does, there will be pain.
scu227
Champion Author New Haven

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Message Posted: Aug 16, 2012 7:56:31 AM

Corn should be used for food not fuel.
bluestang96
Veteran Author Ohio

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Message Posted: Aug 16, 2012 7:53:48 AM

Ethanol has too many negatives to justify its use as a fuel.
blupupher
Champion Author Houston

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Message Posted: Aug 16, 2012 7:41:15 AM

it just needs to go
sljbc475
Champion Author Tucson

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Message Posted: Aug 16, 2012 7:36:12 AM

Put ethanol out of business.
Agarre
Champion Author Richmond

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Message Posted: Aug 16, 2012 7:22:57 AM

so ?
Martinman
Champion Author Mississippi

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Message Posted: Aug 16, 2012 7:16:52 AM

The problem is Congress is so gridlocked in playing its game of partisan politics, that nothing will get done. Then you will have each party blaming the other, and one party using it as a wedge-issue for against the White House that can't really do anything.

What *should* happen, is to establish a review system where the requirements can be waived anytime crop production levels drop below some predetermined level - similar to what Brazil does for its sugar cane ethanol industry.

This is on Congress' shoulders.

Then there is the problem with massive grain purchases by China of corn, wheat, and soybeans - as that is what has been driving crop commodity prices as a result of speculators moving into this sector of commodities trading...

[Edited by: Martinman at 8/16/2012 8:20:29 AM EST]
Sparky19038
Champion Author Philadelphia

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Message Posted: Aug 16, 2012 7:12:25 AM

@goldseeker re:"A lot of fiction in this article."Defend that declaration with some facts.
Sparky19038
Champion Author Philadelphia

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Message Posted: Aug 16, 2012 7:10:30 AM

[Rant Mode On]

Especially during a drought, when prices increase due to crop failures decreasing available supply, WE SHOULD NOT BE BURNING FOOD IN CAR ENGINES.

[Rant Mode Off]
werich44
Champion Author California

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Message Posted: Aug 16, 2012 5:56:39 AM

Ethanol is the last thing this country needs.
gfox4810
Champion Author Kalamazoo

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Message Posted: Aug 16, 2012 5:52:26 AM

"but because of under-supply of feedstock, like corn"

"Feedstock" is food not fuel!
ktyson13
Champion Author Maryland

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Message Posted: Aug 16, 2012 5:49:32 AM

let's put the bastards out of business and get rid of ethanol.
dandvicb
Champion Author Bridgeport

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Message Posted: Aug 16, 2012 5:31:18 AM

ok
MeiThink
Veteran Author Mississippi

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Message Posted: Aug 16, 2012 5:24:53 AM

I agree with 'George0446': "Stop the ethanol subsidies and mandates. The EPA is an out of control agency. Cut their funding."
Luckylindy
Champion Author Milwaukee

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Message Posted: Aug 16, 2012 4:24:57 AM

Crash and burn.
George0446
All-Star Author Massachusetts

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Message Posted: Aug 16, 2012 4:09:53 AM

Stop the ethanol subsidies and mandates. The EPA is an out of control agency. Cut their funding.
StArrow68
Champion Author Oakland

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Message Posted: Aug 16, 2012 4:09:20 AM

What fiction? Great review of basic issues. Now why do I have very little confidence that anything rational will get done in a timely manner?
bisonjim
Champion Author Florida

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Message Posted: Aug 16, 2012 3:37:48 AM

No more ethanol
molebaby96
Champion Author Tallahassee

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Message Posted: Aug 16, 2012 3:18:25 AM

Stop forcing ethanol use in gas.
OHMS
Champion Author Orange County

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Message Posted: Aug 16, 2012 2:30:23 AM

science friction
LostToo
Champion Author Illinois

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Message Posted: Aug 16, 2012 2:14:44 AM

At what point in the chain do they add the ethanol? In the big storage tanks at the refinery. When filling the trucks that hall the stuff. Or when the tuck dumps it's load at the stations. Well whenever they add the ethanol. Now they won't have to.
goldseeker
Champion Author West Virginia

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Message Posted: Aug 16, 2012 1:48:33 AM

A lot of fiction in this article.
gasmack
Champion Author Ventura

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Message Posted: Aug 16, 2012 1:48:13 AM

Kill ethanol produced from corn!
Happytalk
Champion Author Pennsylvania

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Message Posted: Aug 16, 2012 1:38:18 AM

get rid of ethanol
MikeCapeCoral
Champion Author Cape Coral

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Message Posted: Aug 16, 2012 1:35:55 AM

I will be sorry to see any business not do well. But, this one needs to go away because of changes in regulations. Don't take food off my table to run a car!
kitty1750
Champion Author Kitchener-Waterloo

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Message Posted: Aug 16, 2012 1:32:50 AM

Corn chowder's not meant for gas tanks.
Buddy2264
Champion Author Tampa

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Message Posted: Aug 16, 2012 1:31:51 AM

Alas it cannot all come from corn, now we should see that. The corn lobbyists and congress got us into this mess, time to diversify to other products for ethanol, like potatoes and sugar cane.
Retowered
Champion Author Colorado

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Message Posted: Aug 16, 2012 1:27:37 AM

Do away with Ethanol.
megadiesellv
Champion Author Atlanta

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Message Posted: Aug 16, 2012 1:23:33 AM

Stop burning fuel.
Dragnet
Champion Author Arizona

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Message Posted: Aug 16, 2012 1:18:20 AM

Corn is eaten and makes good drink not fuel
Tigercat88
Champion Author North Carolina

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Message Posted: Aug 16, 2012 1:16:32 AM

Corn belongs as FOOD!!!!!!!
vulcan96
Champion Author Ohio

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Message Posted: Aug 16, 2012 1:16:15 AM

dump ethanol and dumbo and the puppet masters.....
danreino
Champion Author Twin Cities

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Message Posted: Aug 16, 2012 1:09:39 AM

Subsidized industries need to shet their pants, stat.
bobdec
Champion Author Miami

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Message Posted: Aug 16, 2012 1:09:11 AM

Time to dump ethanol
ican2step
Champion Author Pittsburgh

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Message Posted: Aug 16, 2012 1:07:27 AM

Always sumptin
Ayeghoti
Champion Author Michigan

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Message Posted: Aug 16, 2012 1:03:14 AM

.
gasandgoAL
Champion Author Alabama

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Message Posted: Aug 16, 2012 1:01:04 AM

restructure out put
bpj13
Champion Author North Carolina

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Message Posted: Aug 16, 2012 1:00:20 AM

Ok
tpguess
Champion Author San Diego

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Message Posted: Aug 16, 2012 12:54:37 AM

You can't controll Mother Nature
Mowerman08
Champion Author Milwaukee

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Message Posted: Aug 16, 2012 12:54:03 AM

Time to repeal the Renewable Fuel Standard Act!
probedude2
Champion Author Akron

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Message Posted: Aug 16, 2012 12:51:18 AM

Make ethanol with something other than a basic food source!
ftsgt
Champion Author Illinois

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Message Posted: Aug 16, 2012 12:49:28 AM

hopefully it will cause it to be gone
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