State feels tremors of ethanol shakeout

State feels tremors of ethanol shakeout

There are 95 comments on the The Indianapolis Star story from Oct 15, 2007, titled State feels tremors of ethanol shakeout. In it, The Indianapolis Star reports that:

Indiana could pay a price for joining the ethanol gold rush at a bad time. A construction worker tamps the ground near the evaporators at Cardinal Ethanol at Winchester.

Join the discussion below, or Read more at The Indianapolis Star.

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TheEthanolSham

Tipton, IN

#1 Oct 15, 2007
Still not convinced ethanol is a good thing. So far, it reduces dependency on foreign oil, but it also reduces MPG, and has increased the prices of everything that uses corn and corn byproducts. That would include animals that use corn as feed before they get turned into burgers or give us milk products.

Biodiesel, on the other hand shows a little more promise, as soy isn't as big a market, and diesel, by default, is 30% more efficient than gasoline. Yet people STILL can't get over the gm diesel monsters of the 70s (but they still buy from the companies that made them??)
charles stone

Lapel, IN

#2 Oct 15, 2007
it's all about greed from the farmers jacking up the price of corn making the price of food go up to the cost of making ethanol it was bound to happen
and I for one am glad that it did.
now maybe things will get back to normal.
Jay

Crown Point, IN

#3 Oct 15, 2007
Ethanol from American crops is a scam. It won't work to make fuel of corn, it burns up our topsoil, and drives up food costs worldwide.

Deb Abbott is utterly delusional.
Canalwalker

Duncan, OK

#4 Oct 15, 2007
There are fads and there are trends. Fads are pushed from the top down and trends come from the bottom up. There seems to be no large demand so this isn't a trend. There is a large push from the Govt., Agribusiness, Investors, etc. so this is clearly a fad. Fads tend to fade away after a few years.
lafguy60

Louisville, KY

#5 Oct 15, 2007
Ms Abbott and Mr Painter - please call me as quickly as possible as I have a couple of bridges to dispose of very reasonably.
But Mitch

South Bend, IN

#6 Oct 15, 2007
You said this was going to put Indiana in a leadership role, not bancruptcy court.
Jay

Crown Point, IN

#7 Oct 15, 2007
Randolph County ILLEGALLY loaned an ethanol county $10 million:

http://www.indianaeconomicdigest.net/main.asp...

This money will be lost.

The state, nor counties, can loan money out. It's in the state constitution. Sheesh.
Bryan Maloney

Indianapolis, IN

#8 Oct 15, 2007
This was a government-driven situation. Without the delusional subsidies pushed into fuel ethanol, there would have been no such manic build-up with following bust.
CornCornCorn

United States

#9 Oct 15, 2007
I've been waiting for this. Sorry guys, your free lunch is coming to an end.
blah

Indianapolis, IN

#10 Oct 15, 2007
Canalwalker wrote:
There are fads and there are trends. Fads are pushed from the top down and trends come from the bottom up. There seems to be no large demand so this isn't a trend. There is a large push from the Govt., Agribusiness, Investors, etc. so this is clearly a fad. Fads tend to fade away after a few years.
so true
WhutZatSmell

Dayton, OH

#11 Oct 15, 2007
And you wonder why the "oil companies" don't build new, maintain and mend old refineries ...
They only increse the demand (along with some auto makers engines!)
Jim

Huffman, TX

#12 Oct 15, 2007
Farmers today get so many free lunches, the loss of this one will hardly be noticed.
Eric D

Plainfield, IN

#13 Oct 15, 2007
Why not build some good 'ol dyno-juice refineries and get things going better on the supply side. Our issues are not oil availability, but refininf capacity and centralization. Prices went wack in Indy the day they closed Rock Island..... Come on....
Bill500

United States

#14 Oct 15, 2007
Ethanol does, I guess, provide some supplemental qualities in overcoming our fossil-fuel dilemma. However, the math says it's probably not the way to go.
With little doubt, much federal monies (taxpayer dollars) are being thrown at this in the way of grants, start-up assistance, etc.
In the long run, I think we'll find it was just another pig trough for those who know how to play these government-funded games.
CornyThinking

Indianapolis, IN

#15 Oct 15, 2007
Jay wrote:
Ethanol from American crops is a scam. It won't work to make fuel of corn, it burns up our topsoil, and drives up food costs worldwide.
Deb Abbott is utterly delusional.
Exactly right Jay!! What a scam.
Once our farmland is ruined chasing fast money, then what ? Import our food from China ? Yum, yum, good tasting lead.
Lance

Columbus, IN

#16 Oct 15, 2007
"Hartford Bio-Engery "

Get a spellchecker. Please.

Let's hope for them all to go bankrupt. The sooner we quit shoving food into our gas tanks, the better.
Hippie

Milwaukee, WI

#17 Oct 15, 2007
But Mitch wrote:
You said this was going to put Indiana in a leadership role, not bancruptcy court.
If old Mitch new anything, he wouldn't be riding a Harley. A Toyota Prius, will do more good than ethanol.
Northwest Hoosier

Wanatah, IN

#18 Oct 15, 2007
charles stone wrote:
it's all about greed from the farmers jacking up the price of corn making the price of food go up to the cost of making ethanol it was bound to happen
and I for one am glad that it did.
now maybe things will get back to normal.
Do you really believe that farmers have any kind of control over the prices they are paid? I'm sure they wish they did!
Economics 101

Indianapolis, IN

#20 Oct 15, 2007
charles stone wrote:
it's all about greed from the farmers jacking up the price of corn making the price of food go up to the cost of making ethanol it was bound to happen
and I for one am glad that it did.
now maybe things will get back to normal.
The farmers don't control the price of the product. It's basic "supply and demand". Take Economics 101... again.
That Guy

Matteson, IL

#21 Oct 15, 2007
Hippie wrote:
<quoted text>If old Mitch new anything, he wouldn't be riding a Harley. A Toyota Prius, will do more good than ethanol.
I think you meant, "If Old Mitch knew anything." On the highway, a Harley and a Prius would have about the same mpg.

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