Corn Ethanol: The Fuel to Higher Food Prices »
Posted by: nowsourcing 2 months, 4 weeks ago12 CommentsReflectReport this Story
A fifth of the US corn crop is now used to brew ethanol for motor fuel, and as farmers have planted more corn, they have cut acreage of other crops, particularly soybeans. End result cooking oil shortage and wheat shortages.
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Comments So Far: 12
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GHOSTWHOWALKS
April 25, 2008, 1:13 p.m.And the shame of it is, it will hurt those who can least afford the products required to live.
It would seem that there is no bounds to the stupidity of most of those who are supposed to honor their oath, or of your average idiot we send to Congress.
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mntnman444
April 24, 2008, 6:22 p.m.There is no reason to be using corn for ethanol...HEMP produces 20 times more cellulose than corn and can be used for fuel and food.
Call your congressman and demand that he support the Industrial Hemp Farming Act HR 1009 now stuck in committee because of cowardly leaders.
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jmopinion
April 25, 2008, 2:51 p.m.We could import sugar cane ethanol from Brazil if the US Govt. would take the huge tax off of it.
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quackpot
April 25, 2008, 4:23 p.m.Corn Ethanol is just a boondogle produced by agribusiness and the Corn-state Senator/Representatives.
I does nothing but increase profits for a few and generate lots of campaign dollars for the incumbants.
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libsRfunny
April 25, 2008, 4:43 p.m.If you want to know the worst of it: our tax dollars are subsidizing E85 at the pump. Because our tax dollars are being diverted to artificially lower the price of E85, it almost forces you to use it. We pay for it one way or another.
First we subsidize farmers/agribusiness. Now we subsidize their friggin' products at the pump. Here in Vegas I see E85 selling for about 20 center per gallon less than regular unleaded. But I bet the per-gallon subsidy is more than that.
What's next? Subsidizing corn syrup?
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