With the summer drought reaching historic proportions, calls to change US ethanol mandates are growing louder. As ReasonTV's Nick Gillespie explained in a 2008 video, the arguments to end ethanol subsidies are numerous.
Here is the orginal text from the August 12, 2008 video:
Ethanol advocates claim that ethanol is a cheap, renewable energy source that reduces pollution and our dependence on foreign oil. It sounds too good to be true–and it is.