IRS should cancel tax credits on gas guzzler "hybrids"

What the government should be eliminating is the tax credit for
the production of ethanol. Recent studies have proved that it
requires 24% to 54% more energy to produce ethanol than the
energy produced by ethanol. If adding alcohol to gasoline is
going to reduce pollution then the oil companies should be
allowed to make if from the methanol that they now must burn off
as a byproduct of oil production. Mental can be produced less
expensively and will not need an tax credit to do so.


mike hunt