Hankinson North Dakota Ethanol Plant Coming Back Online

  •  July 23, 2008

It was shuttered earlier this year, but now apparently the plant is re-opening.
The question is, with other North Dakota ethanol plants already eating up government subsidies at an alarming pace, how long will the Hakinson plant stay open?
And also, how much will this re-opening cost taxpayers in additional subsidies?
I don’t think North Dakota should view these ethanol plants as a good thing. Sure they employ some people, and their demand for fuel crops drives up the prices for those crops, but they can only operate when heavily subsidized by the taxpayers. The fuel crops they buy up also drive up food prices. And ultimately the fuel they create is more expensive (when not subsidized) and less efficient than gasoline even at the high prices gas is selling for now.
How is this a good deal for North Dakotans?

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  • http://Array Da-Man

    Point of fact here: the Hankinson plant was never on-line to begin with. So it can’t come “back on-line.” It’s a brand new plant. It’s start-up was supposed to be in June. That got delayed until July. Ask Joel Heitkamp. He can verify that since it’s his friends and neighbors working there.

  • http://ndgoon.blogspot.com/ goon

    Da-Man I think you’re right I think they just finished that plant not too long ago, because my buddy works for the company that built it and I know they were building it last summer.

  • http://SayAnythingBlog.com The_Whistler_ofnd

    Why do they need my money more than I do? I already pay the asking price for 10% ethanol gasoline.

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