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Drought crop damage worsens, ethanol waiver urged

Reuters -- (Reuters) - The worst drought in more than 50 years has caused more damage than expected to corn and soybean crops, the government said on Friday, heightening calls for a suspension of ethanol quotas to head off another global food crisis.

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Submitted Aug 11, 2012 By: FXRider94

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honda0105 Champion Author Tallahassee Posts:18,590 Points:1,606,595 Joined:Nov 2008	Message Posted: Aug 14, 2012 5:31:29 AM Ignore honda0105 Report Abuse EtOH has never been the answer to fuel problems in this country. Esp. not EtOH from corn and other FOOD products. This would be an ideal time to step back and rethink, alas, it's not going to happen - if for no other reason than it's a political year and election/electability is more important than solving real issues.
LetemEatCake Champion Author Oklahoma City Posts:5,595 Points:1,201,860 Joined:Mar 2008	Message Posted: Aug 12, 2012 11:26:28 PM Ignore LetemEatCake Report Abuse Nobody can afford a global food crisis....this is how wars start!
RegularGasUser All-Star Author Albany Posts:994 Points:799,200 Joined:Sep 2010	Message Posted: Aug 12, 2012 4:49:26 PM Ignore RegularGasUser Report Abuse No brainer.....get rid of ethanol. RGU
SkooterG Champion Author Phoenix Posts:1,359 Points:327,835 Joined:May 2012	Message Posted: Aug 12, 2012 2:59:05 PM Ignore SkooterG Report Abuse Don't hold your breath. Freaking politicians.
carranco Champion Author Georgia Posts:1,027 Points:267,390 Joined:Dec 2008	Message Posted: Aug 12, 2012 11:10:43 AM Ignore carranco Report Abuse How much talk does it take to get this waver done? This is not complicated. Politicians can't even make the easy decisions.
daequitz Champion Author New Jersey Posts:6,302 Points:1,380,680 Joined:Jan 2007	Message Posted: Aug 12, 2012 7:04:47 AM Ignore daequitz Report Abuse The gov't imposing corn quotas for enthanol. We're not at war. Too much damn gov't. I'm just so sick of this.
tomok Champion Author Portland Posts:32,927 Points:2,342,585 Joined:Aug 2006	Message Posted: Aug 12, 2012 6:00:20 AM Ignore tomok Report Abuse No Fuel From Food! NO ETHANOL NEEDED OR WANTED! No Waiver issued! No taxpayer funded subsidies! What stinking global warming? Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. Consider using other forms of less expensive transportation to lower your cost. The price of fuel at the pump is too high! 12/22/2012!
dave12 Champion Author Twin Cities Posts:3,081 Points:1,832,215 Joined:Nov 2005	Message Posted: Aug 12, 2012 12:18:26 AM Ignore dave12 Report Abuse Wouldn't it be nice to get it done at the next ELECTION!
dave12 Champion Author Twin Cities Posts:3,081 Points:1,832,215 Joined:Nov 2005	Message Posted: Aug 12, 2012 12:17:29 AM Ignore dave12 Report Abuse We need to get rid of ethanol and Orectum!
must87searcher Champion Author Maryland Posts:8,965 Points:1,776,735 Joined:Apr 2008	Message Posted: Aug 12, 2012 12:14:01 AM Ignore must87searcher Report Abuse Ethanol is not worth the trouble and cost. It should never have been put into usage in the first place. Now we see the mistakes come into easy sight.
stopforgas All-Star Author Mississippi Posts:991 Points:478,380 Joined:Jun 2011	Message Posted: Aug 11, 2012 11:54:50 PM Ignore stopforgas Report Abuse Maybe this will finally kill ethanol
rahcat Champion Author Grand Rapids Posts:2,453 Points:660,025 Joined:Jan 2010	Message Posted: Aug 11, 2012 11:45:15 PM Ignore rahcat Report Abuse We need the corn crop to feed livestock, not ethanol.
jetskijerry Champion Author North Carolina Posts:3,881 Points:769,345 Joined:Mar 2011	Message Posted: Aug 11, 2012 11:41:14 PM Ignore jetskijerry Report Abuse No ethanol!
TBONE3 Champion Author Pennsylvania Posts:8,731 Points:1,973,725 Joined:Mar 2005	Message Posted: Aug 11, 2012 11:40:20 PM Ignore TBONE3 Report Abuse Get rid of ethanol. Do your country and the motorists a good deed.
Blue48 Champion Author Illinois Posts:7,290 Points:1,634,920 Joined:Feb 2007	Message Posted: Aug 11, 2012 11:39:49 PM Ignore Blue48 Report Abuse JUST KILL ETHANOL NOW! [Edited by: Blue48 at 8/12/2012 12:44:21 AM EST]
gaswatchON Veteran Author Ontario Posts:463 Points:118,405 Joined:May 2012	Message Posted: Aug 11, 2012 11:39:24 PM Ignore gaswatchON Report Abuse Texas Petro-Terrorists Built a new $20 Billion dollar refinery in Texas but before they did that they went around the country and bought up refineries to close them so they can control all the oil in the country from Texas. They also want an increase in the ethanol refineries because it's a lot cheaper to refine ethanol than crude BUT they can sell it in gas for the same price as gas, 15% of a gal of gas is ethanol their cost goes down considerably but profits skyrocket up. Just because ethanol production reduces food crops does not matter as long as profits go up.
srchr Champion Author San Jose Posts:7,236 Points:1,616,335 Joined:Apr 2008	Message Posted: Aug 11, 2012 11:37:10 PM Ignore srchr Report Abuse maybe after the election
Glock26 Champion Author Dayton Posts:1,514 Points:630,435 Joined:Mar 2011	Message Posted: Aug 11, 2012 11:35:47 PM Ignore Glock26 Report Abuse Ban Ethanol!!!
BobD2009 Champion Author Long Island Posts:6,974 Points:1,236,860 Joined:Apr 2009	Message Posted: Aug 11, 2012 11:34:27 PM Ignore BobD2009 Report Abuse Abolish ethnanol.
crreed1 Champion Author West Virginia Posts:1,970 Points:2,523,410 Joined:May 2005	Message Posted: Aug 11, 2012 11:34:21 PM Ignore crreed1 Report Abuse ok
n3tbc Veteran Author Wilmington Posts:355 Points:332,825 Joined:Sep 2011	Message Posted: Aug 11, 2012 11:34:08 PM Ignore n3tbc Report Abuse Ok
VetteFan Champion Author Indiana Posts:9,724 Points:2,025,555 Joined:Aug 2005	Message Posted: Aug 11, 2012 11:33:57 PM Ignore VetteFan Report Abuse Reuters is probably advising investors to invest in corn futures and anything that would be used to supplement the shortfall. All of which will only guarantee higher prices before we even see the shortage.
rollercoaster All-Star Author Hartford Posts:502 Points:567,660 Joined:Jul 2008	Message Posted: Aug 11, 2012 11:33:38 PM Ignore rollercoaster Report Abuse good
MrLefty0706 Champion Author Chicago Posts:1,434 Points:348,385 Joined:Apr 2012	Message Posted: Aug 11, 2012 11:28:50 PM Ignore MrLefty0706 Report Abuse Without an ethanol waiver we will see major increases in food prices.
AriesMMD Champion Author Sacramento Posts:1,476 Points:408,440 Joined:Dec 2011	Message Posted: Aug 11, 2012 11:27:11 PM Ignore AriesMMD Report Abuse Still not going to change in an election year.
heartbroken2010 Champion Author Ottawa Posts:4,329 Points:894,610 Joined:Aug 2010	Message Posted: Aug 11, 2012 11:26:23 PM Ignore heartbroken2010 Report Abuse not likely to happen i would think.
1fulltank Champion Author Buffalo Posts:7,888 Points:1,541,385 Joined:Nov 2008	Message Posted: Aug 11, 2012 11:24:25 PM Ignore 1fulltank Report Abuse Pretty much the same article as the previous one.
shores4now Champion Author Kentucky Posts:2,386 Points:519,800 Joined:Jul 2009	Message Posted: Aug 11, 2012 11:24:17 PM Ignore shores4now Report Abuse Ok
SteelPenny Champion Author Dallas Posts:30,918 Points:2,604,565 Joined:Sep 2005	Message Posted: Aug 11, 2012 11:24:11 PM Ignore SteelPenny Report Abuse Corn and soybean is for food only.
geoutpb Champion Author Midland Odessa Posts:4,608 Points:1,063,285 Joined:Dec 2006	Message Posted: Aug 11, 2012 11:23:47 PM Ignore geoutpb Report Abuse Time to drop ethanol.
langolera Champion Author Akron Posts:1,746 Points:663,055 Joined:Sep 2005	Message Posted: Aug 11, 2012 11:22:38 PM Ignore langolera Report Abuse just stop them and make better cars. maybe prices globally on food will start to go down so maybe we can afford that steak once in awhile...
WIWalt Champion Author Wisconsin Posts:1,712 Points:412,715 Joined:Mar 2012	Message Posted: Aug 11, 2012 11:21:59 PM Ignore WIWalt Report Abuse Yep
malfrog1 Champion Author South Bend Posts:2,184 Points:546,270 Joined:Feb 2011	Message Posted: Aug 11, 2012 11:21:39 PM Ignore malfrog1 Report Abuse Goodbye ethanol subsidies
driveonby1 Champion Author Toledo Posts:1,507 Points:256,665 Joined:Jun 2007	Message Posted: Aug 11, 2012 11:19:28 PM Ignore driveonby1 Report Abuse Has ethanol been the success that farm subsidy takers say it is. Who is to benefit from the waiver, really?
bluetatanka Champion Author Philadelphia Posts:55,589 Points:777,830 Joined:Mar 2011	Message Posted: Aug 11, 2012 11:18:28 PM Ignore bluetatanka Report Abuse Just say "No" to ethanol!
dollarwatcher Champion Author Wisconsin Posts:7,925 Points:1,531,220 Joined:Mar 2007	Message Posted: Aug 11, 2012 11:18:19 PM Ignore dollarwatcher Report Abuse Just get rid of the crap all together.
pebble12 Rookie Author New York Posts:6 Points:20,120 Joined:Aug 2012	Message Posted: Aug 11, 2012 11:17:07 PM Ignore pebble12 Report Abuse OK
PaylessKY Champion Author Kentucky Posts:8,705 Points:1,578,525 Joined:Oct 2008	Message Posted: Aug 11, 2012 11:16:27 PM Ignore PaylessKY Report Abuse End ethanol, and use corn for food.
idigau22 Champion Author Washington Posts:23,384 Points:3,197,985 Joined:Apr 2003	Message Posted: Aug 11, 2012 11:16:25 PM Ignore idigau22 Report Abuse Stop Ethanol Period!!!!!!!!!!!!!!!
HEBster Champion Author Kentucky Posts:8,768 Points:2,370,025 Joined:May 2006	Message Posted: Aug 11, 2012 11:16:15 PM Ignore HEBster Report Abuse Guess so
panda317 Champion Author Massachusetts Posts:2,234 Points:682,750 Joined:Aug 2002	Message Posted: Aug 11, 2012 11:16:12 PM Ignore panda317 Report Abuse ok
gocatgo Champion Author South Carolina Posts:15,626 Points:2,526,615 Joined:Apr 2006	Message Posted: Aug 11, 2012 11:16:11 PM Ignore gocatgo Report Abuse Corn is doing just fine in SC and the farmers are loving it. Still ethanol sux. [Edited by: gocatgo at 8/12/2012 12:17:35 AM EST]
goldseeker Champion Author West Virginia Posts:19,522 Points:2,715,890 Joined:Sep 2005	Message Posted: Aug 11, 2012 11:15:56 PM Ignore goldseeker Report Abuse All BS.
CartelBuster Veteran Author Detroit Posts:418 Points:1,578,060 Joined:May 2007	Message Posted: Aug 11, 2012 11:15:46 PM Ignore CartelBuster Report Abuse We need corn for food, not fuel.
Rageagainsttm Champion Author Tampa Posts:8,288 Points:1,900,055 Joined:Jul 2007	Message Posted: Aug 11, 2012 11:15:43 PM Ignore Rageagainsttm Report Abuse good
96WAGON Sophomore Author Sacramento Posts:248 Points:18,670 Joined:Jul 2012	Message Posted: Aug 11, 2012 11:15:32 PM Ignore 96WAGON Report Abuse I wonder if this could also be the reason for higher gas prices. Pig Oil helping America's corn farmers. Someone's getting "kickbacks" damn sure isn't the average person filling their tanks!!
jerej829 Champion Author Memphis Posts:2,836 Points:689,965 Joined:May 2011	Message Posted: Aug 11, 2012 11:13:25 PM Ignore jerej829 Report Abuse ok
mil2008 Veteran Author San Jose Posts:396 Points:1,267,405 Joined:Mar 2008	Message Posted: Aug 11, 2012 11:12:25 PM Ignore mil2008 Report Abuse ok
sit Champion Author Cleveland Posts:5,185 Points:1,928,945 Joined:Feb 2006	Message Posted: Aug 11, 2012 11:12:14 PM Ignore sit Report Abuse NO ETHANOL.
mrinmoyd Champion Author Illinois Posts:1,095 Points:364,525 Joined:Jun 2011	Message Posted: Aug 11, 2012 11:10:42 PM Ignore mrinmoyd Report Abuse no need