3-6-13: Fertilizer Industry Reaps Record Profits from Ethanol Mandate

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EIF 3-6-13 POD.mp3

A growing number of free-market advocates, environmentalists, and others are asking Congress to repeal federal mandates for the mixing of corn-based ethanol into gasoline.  The ethanol mandates help to make the U.S. more independent from hostile nations that produce petroleum. But critics say federal ethanol production quotas also lead to more water pollution, higher prices for consumers, and record profits for the chemical fertilizer industry, whose products are needed to fertilize all the additional corn that is going into gas tanks.