DbEpump21309

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Comment by Hugh on March 30, 2009 at 11:12am

Hello everyone.

I shared this video with a friend and he asked what proof big oil "punished" Verasun as David states at 1:39? I need a source since he's doubting what I'm saying and says Verosun failed due to locked in corn prices and too much debt. Something about locking corn prices in at too high a price. The other issue is the epa rebate sticker mentioned around 2:25. He says that if the rebate is just another for of subsidy that makes ethanol artifically low. Help please. I need some facts to counter his arguments. He's read most of David's book and thinks the concept is good but still not the answer to our oil delima. He's on the fence but it's going to take a good hard push, or shove, to get him over to our side. He recently sent me this to read.
http://www.energytribune.com/articles.cfm?aid=1281

Can anyone help me with ths?

Thanks
Hugh