• economics

    Ethanol Demand To Drive Milk to $4 A Gallon, With Other Prices To Follow?

    Ethanol, the motor fuel alternative to gasoline that has the potential to save Americans a fortune at the pump and reduce our reliance on foreign oil, isn't as cheap as the strict ethanol versus gasoline price comparison may appear. In fact, it may be more expensive when total costs are calculated, reports the AP and MoneyCentral.

    How can this be? Ethanol is made from corn and, of course, the demand for ethanol has increased the demand for corn. The demand for corn has out-stripped farmers' ability to supply more corn and thus has resulted in increased prices for corn... More »

    4:08 PM on Mon Jun 11 2007
    By Ben Popken
    2,825 views, 48 comments

    Latest by Jazzercize: Another consequence of high corn prices is that farmers and ranchers are feeding livestock sick stuff these days. From http://sundaygazette more »

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