Vick, Ethanol plants are going bankrupt in many places, just like many businesses in almost every aspect of our society. Manufacturing, aircraft manufacturing, autos, you name it. That comparison really means nothing. I just saw on TV this morning that the local seminary school was closing because of costs. I think it is a state of the economy.
I don't like having things mandated either, but that is what our government decides. We could talk about social security, for one. Right now, they expect it to be bankrupt by 2037, unless they alter something. Just a hunch, but I bet they won't be cutting benefits to seniors. I was born in 1972, so a little quick math shows that I will be able to pay in all my life, and then recieve nothing. That is our system at work.
I am not an expert at ethanol, but it has been available and used here in North Dakota for as long as I have been driving, the mid 80's. I have had many types of two stroke and four stroke engines, and never had a failure due to ethanol. Maybe I am just the luckiest guy on earth, maybe my maintenance is better, I don't know. I do know that the shelf life of standard gasoline has gone way down, but that never seems to come up. I always use 100LL in my toys at the end of the season, so that they will have less problems starting up 6 or 8 months later for the new season, whether it is a dirt bike, snowmobile, or boat engine.
Good discussion, it is good to see all sides.
QMDV--I am not sure what the subsidy is.