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Cause and Effect

  • May. 2nd, 2008 at 3:27 PM

Seems like every time I turn on the radio or look at news sites, I'm getting bombarded with the idea that biofuels are responsible for historic high food prices and corresponding world food shortages.

Somehow, all these journalists always conveniently forget that the #1 driver in all of this (pun intended) is petroleum, and high fossil fuel energy prices. THAT is what is driving up the value of biofuels. THAT is what is driving up the cost of fertilizer, the value of ag land, and the price of food.

Don't you forget it!