The Great Ethanol Scam
Not only is ethanol proving to be a dud as a fuel substitute but there is increasing evidence that it is destroying engines in large numbers
More than one major transportation-based industry in America besides Detroit is on the ropes. For the fourth time in our history the ethanol industry has come undone and is quickly failing nationally. Of course it’s one thing when Detroit collapsed with the economy; after all, that is a truly free-market enterprise and the economy hasn’t been good. But the fact that the ethanol industry is going bankrupt, when the only reason we use this additive is a massive government mandate, is outrageous at best.
Then again, the ethanol lobby and refiners have a solution to ethanol’s failure in America: Hire retired General Wesley Clark as your point man and lobby the government to increase the amount of ethanol in our fuel to 15%. The problems with that proposition are real—unlike ethanol’s benefits.
Don’t let anybody mislead you: The new push to get a 15% ethanol mandate out of Washington is simply to restore profitability to a failed industry. Only this time around those promoting more ethanol in our gas say there’s no scientific proof that adding more ethanol will damage vehicles or small gas-powered engines. With that statement they’ve gone from shilling the public to outright falsehoods, because ethanol-laced gasoline is already destroying engines across the country in ever larger numbers.
Systemic risk is the pretext used to rush any and every sweetheart deal through legislative bodies and into the waiting lap of the president.