Before we get to the answer, let me mention why it’s important, and why I’m writing about it here in The Salt. The gasoline that fuels your car is actually 10 percent ethyl alcohol, or ethanol, and that fact has had a profound impact on America’s farming landscape. Read More
It took Sen. Ted Cruz to finally persuade me to answer a riddle that’s bothered me for years. Suppose somebody yanked away the law that currently props up the nation’s ethanol industry, as Cruz has proposed. What would actually happen?