USDA asks White House to approve sugar-for-ethanol program

Apr 9, 2013 Full story: Reuters

The White House will decide in coming weeks whether to attempt to blunt low prices in the U.S. sugar market by buying hundreds of thousands of tons of surplus sugar and selling it at a loss to ethanol makers.

Full Story

Cape Coral, FL

#1 Apr 9, 2013
Just more corrupt government picking winners and losers. If this is the right thing to do, keep the government out and let the free market decide. Here the government is planning to buy sugar at very high prices and sell it to oil companies at very low prices leaving the taxpayers to pay the difference. Why have a market for anything if the government is going to price things.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Alternative Energy Discussions

Title Updated Last By Comments
Let's have a balanced plan for producing the el... 11 hr Solarman 49
APS will move ahead with free solar Sat Solarman 1
NY's bad move on fracking Sat Solarman 1
National View: Rooftop solar panels facing the ... Dec 18 Solarman 1
PSE, RES Americas to develop battery storage pr... Dec 17 Solarman 1
Expert: We must act fast on warming (Sep '08) Dec 17 Brian_G 27,952
Frustrated by vandals, thieves WPEC seeks commu... (May '11) Dec 17 Annual Winter Sol... 13
More from around the web