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One of the many commands and instructions of the energy policy act of 2005 called for oil companies to increase the amount of ethanol mixed with gasoline. President Bush stated, “America is addicted to oil which is sometimes imported form unstable parts of the world” Townhall.com, Walter Williams, Big Corn and Ethanol Hoax, 5/13/2008.
This presidential assertion prompted many large organizations to attempt to convert corn into ethanol. To ensure that this effort would be successful, congress was forced to enact and pass subsidies to corn farmers in the United States.
Notwithstanding, Congress failed to look at the ‘opportunity cost’ of ethanol production...
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Common topics in this essay:
- Bio-fuels
- Ethanol & Other Alternative Fuels
- Alternative Fuels
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