FACT: the EPA has proposed a production number of 19.8 BILLION gallons of ethanol. That is 1.7 BILLION gallons more than the current production. What has not been said here is the fact that the EPA is also proposing a 15% blend for cars manufactured after 2001. That is a whole different issue than the original post addressed.
Consider the fact that EPA is looking at a CAFE of 54 MPG in the near future. As mileage gets better and better and ethanol production keeps increasing every year, there is a very real problem lurking on the horizon. Finally, the EPA is pushing biodiesel even though VW is no longer selling diesel cars in the US. Mercedes warns against the use of biodiesel in their cars.
I pay $2.39 a gallon for non-ethanol gas delivered to the house and the few extra cents are worth it when it comes to improved mileage and I already see a difference in the performance of my small engines.