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Your June 26 issue contained some excellent commentary on how the energy marketplace is constrained by government. I must take issue, however, with comments made in "An Expert Look at the Energy Crisis," suggesting ethanol's current popularity is driven solely by politics and using phraseology such as "pure, political nonsense" and "all political, and inefficient and wasteful."
By disclaimer, I am a conservative, a successful small-business owner, a proponent of free markets and limited government, and a believer in the individual. I am also a co-owner of an ethanol production facility.
As friends have learned of my ethanol involvement, some have expressed surprise that a free-market advocate such as I am would support ethanol. They wrongly assume that because ethanol is often referenced by current politics and regulatory mandates, this grain-driven fuel deserves only scorn.
At one point in time, ethanol was not part of the answer to our fuel situation (remember gasohol?). But we must not assume that ethanol is therefore inherently bad or that under changing market conditions the original conclusion is valid.
The acid test is simply one question: "Absent government interference, would the market support ethanol?" Today's answer is a resounding "Yes!"
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