Friday, May 30, 2008
Ethanol Mandates Cause Rising Food Prices
Guest commentary from John Lott a senior research scientist at the University of Maryland. Contains a lot of the same points you've seen over and over.
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1 comments:
I agree it rehashes all the common points some that have never been proven in any way. Such as this...
"but it means less of other crops, such as soybeans and wheat, driving up their prices."
I agree that soybean acres planted in 2007 went down in favor of corn acreage, but wheat didn't. Where is the proof?
You would think that a professor would only report facts not rehash common misconceptions.
And him pointing to the political action taken by Gov Perry of Texas as proof of his point. Give me a break. All that proves is that Texas wants to eliminate the competition for two large industries in their state, the livestock and oil industries. An action which the recent Texas A&M study concluded would do little to change food prices.
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