Quote:
Originally Posted by rotorwrench
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It was done to buy votes in the corn belt. Ethanol can be produced more economically other ways. Without the ethanol subsidy and requirement there wouldn't be ethanol in gasoline. Oil companies won't intentionally put more expensive components in gasoline voluntarily.
The government was looking to politicize the production of gasoline even more and pick winners and losers. It was a significant negative disruption of refinery gasoline economics. A real loser in all ways.