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Nuthouse Returns Corn to the Grill
Written by Skylar Thomas Wednesday, February 01 2012
After 30 plus years and 20 plus billion in subsidies, the federal government begrudgingly admitted that corn ethanol was not such a bright idea after all. Thought to reduce our dependence on foreign oil and be more environmentally friendly, ethanol proved to decrease mileage, increase wear and tear on engines, and drive up the price of corn, all while being subsidized by the American taxpayer to the tune of 45 cents per gallon. Its use has been decried by sources as divergent as Sen. John McCain to Vice President Al Gore (who did admit his earlier support of the program was due to pandering to Iowa corn farmers during his presidential run).
