who does ethanol really benefit;
The U.S. Corn Ethanol Industry, the largest in the world, is now
losing a serious amount of money producing unprofitable biofuel. While
the situation for the ethanol producers was bad in 2018, due to losses
stemming from falling margins, it’s even worse this year. This has
prompted one of the country’s largest ethanol producers, ADM – Archer
Daniels Midland, to sell some of its ethanol assets with the possibility
of spinning off its entire ethanol business operation.
While higher corn prices and falling revenues have negatively
impacted the U.S. Ethanol Industry recently, that is only a small part
of a much bigger problem. You see, the EROI (Energy Returned On
Investment) for corn-based ethanol, is so low, there’s virtually little
if any, net energy produced from the 16 billion gallons of the biofuel
supplied by the U.S. industry last year… or any year prior.
IMPORTANT NOTE: Please understand my analysis of
the U.S. ethanol industry is focused at the macro-economic level and is
not directed at the individuals or companies who are doing the best to
their abilities. The main problem as I see it is that the leadership
today is not providing the market with wise advice on our energy
situation. Instead, we are ignorantly heading over the energy cliff
without a care in the world. Unfortunately, this will end badly
That being said, according to the Alternative Fuels Data Center, U.S. ethanol production has more than doubled from 6.5 billion gallons in 2007 to 15.8 billion gallons in 2017:..........https://srsroccoreport.com/the-u-s-corn-ethanol-boondoggle-producing-1-million-barrels-per-day-of-unprofitable-energy
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