Brazil Ethanol Lobbies DC With Gas Discount
The Brazilian Sugarcane Industry Association (UNICA) is discounting gasoline by 54 cents per gallon on the Tuesday before Memorial Day at two Capitol Hill gas stations to draw attention to a 54 cents per gallon tariff on imported ethanol.
“The one-day discount will provide Washington area residents with a preview of how Americans across the country could save money at the pump if Congress ends this unfair import tax later this year,” reads the UNICA release on the promotion.
The promotion is not sitting well with ethanol organization Growth Energy. “The only thing we should be importing from Brazil is their resolve to become energy independent,” said CEO Tom Buis. “Domestic ethanol is cheaper than imported ethanol, and it is far cheaper than gasoline refined from imported oil. The truth is that we have to end our reliance on foreign energy – period. Domestic ethanol helps create U.S. jobs, and helps the U.S. economy, and strengthens our national security by reducing our dependence on foreign energy.”
The 54 cent per gallon secondary tariff on ethanol is tied to the 45-cent blender’s credit to encourage blenders to use domestically produced ethanol. The secondary tariff on ethanol imports ensures that the tax credit is not given to the ethanol produced in another country. All ethanol blended with gasoline in the U.S. qualifies for the blenders’ credit, no matter the country of origin of the fuel ethanol. To avoid the use of taxpayer dollars to support foreign ethanol production, U.S. ethanol imports from non-Caribbean Basin countries are subject to the secondary tariff.
3 Comments »
langoley
Drop the tarrrif and let it come!! Our corn prices will drop and we will all be better off!! If you don’t know what that means look here,your meat will be cheaper in the grocery store!Your dog and cat food will be cheaper! The sugar you buy will be cheaper! The gas in your tank will be cheaper,BTW, it takes 2 GALLONS of oil here in the US to make 1 gallon of ETHANOL!!!Why would we still want to make it here and pay GOVERNMENT SUBSIDIES as well???
Brazil Ethanol Gas Discount Promo Canceled - Domestic Fuel
[...] Brazilian ethanol industry’s planned promotional event in Washington D.C. has been abruptly canceled, according to a news [...]
Gary Schwendiman, Ph.D.
There are 240 million internal combustion engine vehicles in the U. S. They run on only two things; petroleum derivatives and ethanol. The OPEC countries control 67% of the oil reserves in the world; other countries control 31%. The U. S. controls 2%.
Those who oppose ethanol are by default in favor of sending billions of dollars a year to the middle eastern oil producing countries.
The U. S. is now spending $500 billion per year to import oil. The only way to escape the coming crisis is to produce more ethanol. We are near the time when it will become more important to use corn to produce fuel that to use it for food.
There are many ways to produce food. There is only one alternative way to fuel 240 million vehicles once the gasoline price goes to $8 or more per gallon. That way is to produce and use more ethanol. Once U. S. reserves are depleted, the U. S. will be hostage to whatever price the middle eastern oil producing countries demand for oil.
And by the way, the assertion about taking 2 gallons of oil to make one gallon of ethanol is absurd on the face of it. Just think about the statement and you will see that it cannot be true.
Actually, no oil is used in the production of ethanol.
For accurate information, see http://www.growthenergy.com
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