Dahmacrahts: Da Wahrking Mahn’s Pahty

Filed under:Climatic Change, Election 2008, Obits, We're from the Government, We're here to help — posted by Countertop on August 5, 2007 @ 11:02 am

Tried to leave this as a comment to Ravnwoods post on the certain rise in gas prices from the just passed
energy bill. Alas, his spam filter is keeping me out.

Not just higher, but significantly higher.

And don’t forget, the already quite expensive renewable energy share of your gas purchase will be increasing and rising even further in price (while jacking up the cost of food at the same time). All while providing a 1/3 decrease in efficiency (necessitating your use of even more energy)

Yep, Democrats really are the working man’s party.

Interestingly, if Democrats wanted to really help out us working slobs AND stick it to the gas companies they’d cut out the ethanol subsidies altogether.

There are two main ones:

A 54 cent/gallon import tariff that keeps brazilian ethanol off the market and destroys any hope of ree market mechanisms working (ie: forcing domestic ethanol companies and corn growers to become more efficient).

The second is a 51 cent a bushel (1.53/gallon) tax credit for BLENDING etjanol into gas. Now, who BLENDS gasoline for commercial sale?? That’s right, the gas companies!!

Instead of hitting them hard, the energy bill (once finalized) is going to increase taxes on consumers, artifically raise the price of corn (and food), and provide the gas companies a 55,807,000,000 subsidy (yes, you read that correct, a 55 billion dollar a year subsidy at its peak in 2022 - 1.53×36 billion gallons).

UPDATE added this to the obits category since its basically the death of common sense.

one comment so far »

  1. Must be hitting on some key words on the spam filter.

    Comment by Ravenwood — August 5, 2007 @ 6:01 pm

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