Another problem with ethanol besides driving up the price of food.
Speculating is driving up the price of food and
oil. The money being played around with in
the farm commodity markets has went up 20 times in the last few years. There is plenty of food corn,
plenty of grain corn and corn byproducts, but the
speculators are driving up prices, just trying to be
next to the last holder when it might drop.
And middle man expenses driven up by energy costs
and ethanol should helo that a little, if folks don’t
drive it out, by being stampeded by what appears to
be propaganda finaced by oil investors who want to
keep a shortage of oil or percieved oil shortage. Ed
Thanks for the ping. Maybe they should just use baking soda.