Trump attacks Ted Cruz for not supporting ethanol subsidies – IOTW Report

Trump attacks Ted Cruz for not supporting ethanol subsidies

Saturday, 12 December 2015, 11:00 MJA Uncategorized 46

American Thinker:

Donald Trump attacked Ted Cruz for not supporting ethanol subsidies.  He said in Iowa on Friday, “Oil companies give him a lot of money, so he’s for oil.”

ethanol

The thing about oil and gas is, it doesn’t require big subsidies, because it’s the cheapest and most efficient form of fuel for cars.  Ethanol, on the other hand, does require big government subsidies, because it is highly uneconomical.  Ethanol is much more expensive than oil and gas and, gallon for gallon, produces much less energy than gasoline.  That’s why the government has to hand over billions in subsidies to big agri-businesses to keep it going.  And that’s also why the government has to force oil companies to blend ethanol in with their fuels.  Because without government coercion, oil companies wouldn’t do it, and the price of gasoline would be substantially lower than it is now.

Additionally, ethanol actually acts as a corrosive on car engines.  It slowly degrades car parts over time.

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46 Comments on Trump attacks Ted Cruz for not supporting ethanol subsidies

  9. Crap.

    Many of the Southwestern states I visited in late summer had little or no ethanol in their gas. We didn’t notice it at first, but then we started to become aware that the car ran much better even at the higher altitudes. The gas was cheaper and we had better gas mileage. After the first few days, I started to check the ethanol level and was shocked to see the correlation = less ethanol/better everything.

    Here in MN, our gas is so loaded with ethanol that I’m surprised that our cars work at all.

    Cruz – keeping his promises to the people.

  11. “If I were Cruz, I’d send Trump an email to thank him for pointing out that he, Cruz, is the only real conservative in this race, and then post the text of the email on Twitter.”~PJ Media

  13. I Hate ethanol, like Trump. If this is the only thing I disagree with him on, I’m okay. There is probably room for a few more minor disagreements…….. Oh! a very liberal friend of mine that has never voted republican, said he will vote for Trump… I don’t know how to take that…

  14. Yeah, I don’t currently favor ethanol, but I have to understand all the issues better. I think I’ve come to my opinion about it through some sketchy messages like it takes up too much arable land, or it costs more in coal energy to produce — things along that line.

    And as hard as it is to hear — I don’t like Cruz-bashing any more than Cruz supporters — again, Trump is right (so is stating the truth considered true bashing?)
    . The main funders of his “Keep The Promise” super-PACS are private equity and hedge fund managers whose primary commodity is oil and oil derivatives.

    I don’t like to quote Wikipedia, but I have done other research and Wiki’s info is a succinct summary of that other info. This is Toby Neugebauer’s career info and info about his connection to Senator Cruz’s campaign. You may recall, too, that Toby Neugebauer is Congressman Randy Neugebauer’s son. Randy is the 19th district in Texas.

    “He was an investment banker at Kidder, Peabody & Co.’s Natural Resources Group.[1][2][3][4][5] He later co-founded Windrock Capital.[1][2][3][4][5] In 1988, together with S. Wil VanLoh, Jr., he co-founded Quantum Energy Partners, an energy private equity firm headquartered in Houston, Texas.[1][2][3][4][5][8] He served as its Managing Director and now serves on its Investment Committee.[1][2][3] The company invested heavily in the Barnett Shale, which is regulated by the Texas Commission on Environmental Quality.[6]

    He served on the Boards of Directors of Texoil, Crown Oil Partners, Parks & Luttrell Energy Partners and Aspect Energy.[1] He also served as Chairman of Linn Energy and he was a co-founder of Legacy Reserves.[2][4] He now serves on the Boards of Meritage Energy Partners, EnSight Energy Partners, Tri-C Energy, Rockford Energy Partners and TriQuest Energy Corp, and QA Global GP.[1][2][4] He is General Partner of QR Energy.[1][5]

    Political activity

    He has donated $110,000 to Governor Rick Perry, according to the Texans for Public Justice.[6][8] The donation came from Blackstone Limited I, and was given to a super PAC called Jobs for Iowa, which shared the same address as Quantum Energy Partners.[8] He has also let the Governor fly on his private jet to attend a meeting with the Interstate Oil and Gas Compact Commission in Biloxi, Mississippi, which was reported as a $6,250 “in-kind” campaign contribution.[6] In 2015, it was revealed that he was the sole donor to Ted Cruz’ superPAC,[9] “Keep The Promise II”, contributing $10 Million,[10] representing one of the largest campaign donations ever made of this type.[11]”

    All to say: There’s much more to this “attack” on Cruz than meets the eye (and ears).

  18. I doubt if Trump has fallen for anything. He’s telling Iowans (Iowa being the largest ethanol producing state) exactly what they want to hear. If he were giving the speech in Texas, what do you want to bet he’d be singing a different tune?

    Who says Trump’s not a real politician…?

    🙂

  20. …Now that I’m thinking this through a little more, it seems likely that Cruz, through his corporate donors, probably does support ethanol. These are “energy” companies, not just oil companies. It would require a little more digging to verify that, but given that the current mandate is for 15 billion gallons of ethanol in 2015, it seems likely that any energy company is involved in the production of ethanol.

  21. Yep that about says it all.

    I was surprised that Trump is for ethanol subsidies. I hate the shit and word is that the EPA is planning to call for even a higher percentage added to gas. This higher percentage has already been pegged as destructive to auto engines, especially older ones.

    I heard Cruz say, in Iowa, that he wanted all energy subsidies to end-wind, solar, fossil fuels and ethanol. I liked that.

    A level playing field means more competition and that means lower prices for us.

    When you get right down to it, you do not hear Trump calling for smaller government, just better managed and more efficient. Now there is no doubt he can do this but leaving a more efficient Dept/Education say, in place means that once the REgressives return to power, they’ll fire it right up again. Bet your ass.

    Randy Neugebauer is the Congressman next door to mine, Mike Conaway-both of these guys are big government Republicans-worthless but man they get the bucks from the energy companies-Randy is retiring this term but not Conaway-as long as they toe the energy company’s line, the cash will flow and they will NEVER be primaried. NEVER. I think there’s already about 10 people that have signed up to run in the primary for Neugebauer’s seat-they see an irresistible gravy train that they want to get on.

    But for us pee-ons, it’s kinda like being in a tornado, you fell like there just ain’t shit you can do but hang on for dear life.

  24. If a product or program, goods or services have any merit, why would they need to be subsidized?

    Conversely, would the fact that they are subsidized suggest they are without merit?

  26. I’ve never doubted Cruz was the best man. But I’ve also never doubted that he has a snowball’s chance in hell of winning the general election.

    Trump, on the other hand is THE republican who can win. If he stays true on immigration I won’t sweat the relatively small stuff like ethanol.

  27. Ethanol SUCKS (ask anyone whose lawnmover was killed by it).

    BUT: I’ll take a candidate who supports that sort of cornyism – err…cronyism! – over a candidate who supports the TRANS PACIFIC PARTNERSHIP sort of cronyism. It has a much greater impact, in my opinion. (and, I can still find ethanol-free gas when I want it)

  28. In 2012 we spent $37,680,000,000 in foreign aid. I don’t like any subsidy, but all things considered at least that money isn’t leaving the US. Right now it doesn’t mean crap to me. Go Trump.

  29. “Subsidies” is another name for “corruption.”

    If the notion is economically viable, the free market will support it. If the free market doesn’t support it, it’s a fool’s game, and the FedGov will throw taxpayer’s money at it after the politicians get sufficient donations.

  32. I despise ethanol. What a gigantic waste of food product, pouring it in our gas tanks. Its only purpose is to decrease dependency on foreign oil supposedly, and to decrease emissions, (again supposedly).

    But on the BRIGHT side, didnt Trump say he would eliminate EPA? That would put a fork in putting food in our gas tanks.

  39. Yes, ethanol, like alcohol, propane or natural gas possesses far less bang for the buck. Trump has fallen victim for this crap about ethanol, because he doesn’t burn this shit in his jets or helicopters.

    I own 7 vehicles pre-1982, 5 of which burn gasoline. I have had to replace carburetors, fuel lines and many gaskets due to Mr. Trump’s ethanol. Anybody that supports this crap can kiss my ass!

  46. There was a dude who owned a “green” window company, who couldn’t give away his shitty windows, so he donated $3,200 to Obola’s 1st campaign, and (somewhat miraculously) got a $10 Million subsidy from the FedGov.

    Not a loan – a GRANT!

    The list is long and sordid.

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