Saturday, April 14, 2007

ethanostagflation

Inflation is coming . Ethanol use will result in inflation. Corn used to make this inefficient fuel reduces the amount of corn available for food . The prices of eggs , meat, chicken , and the myriad other products which depend on a supply of corn are already rising in response to the increase in corn prices. Ignored is the price and use of irreplaceble water to grow and process corn. The transportation of ethanol must be done by tanker trucks or rail cars. That burdens the transportation system and uses energy. The subsidization of ethanol producers , currently fifty cents a gallon, is a use of tax money that reduces money available for other governmental problems. The shortsighted program encouraging ethanol use may make us feel highly moral and ethical but it will be a disaster.

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