Obama Administration Looking at Ethanol Rules tells suggests that mother nature may achieve what Congress cannot - repeal of the ethanol mandate. Since the USDA has reduced its corn estimate by 13 percent, the current law would have ethanol consuming 42 percent of the U.S. corn harvest.
The Energy Independence and Security Act of 2007 became law in December 2007. It contains many regulations concerning U.S. energy, including automobile fuel economy, appliance and lighting standards, and of course, biofuels.
Drought, High Corn Prices Force Ethanol Shutdowns tells that many ethanol plants are temporarily closing due to the high cost of corn. Dismal crop forecast fuels ethanol battle adds that a United Nations official voiced that the U.S. needed to suspend ethanol production.
Mmm. It seems that ethanol is neutral or slightly positive in net energy, meaning that it costs almost in energy what it produces. Looking into the future though, I am very concerned about Nebraska and Iowa emptying the underground aquifers to put ethanol in our automobile tanks. In light of the new natural gas discoveries, it would not hurt to have a moratorium on the ethanol mandate and scientifically determine whether ethanol is a good idea.