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Posts Tagged “

Ethanol

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irony

Ethanol Raises Prices As Part Of Continuing Crusade To Liberate Nation From Expensive Foreign Oil

Ethanol is billed as the answer to America's addiction to foreign oil, but the immense demand for the corn, from which ethanol is made, is also raising prices in supermarkets and restaurants across the nation. The demand to transform corn into ethanol has already doubled the average price for a bushel of corn from $2 to $4.
The corn price increases flow like gravy down the food chain, to grocery stores and menus. The cost of rounded cubed steak at local Harris Teeters is up from $4.59 last year to $5.29 this year, according to TheGroceryGame.com, which tracks prices. The Palm restaurant chain recently raised prices as much as $2 for a New York strip. And so on.
Michael Pollan best summarized our little-known reliance on corn in The Omnivore's Dilemma: More »

4:16 PM on Sun Jun 17 2007
By Carey
1,645 views, 52 comments

Latest by bomani2k: AlgOil, Oil made from algae produces up to 1500% (and climbing)more oil/svo/biodesiel than it's nearest plant competitor on a acre for acre comparison. In addition it nearly doubles itself in 24 hours to be harvested again. Using carbon dioxide more »

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
2,803 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 feed represents farms' biggest single cost in raising animals, farmers are serving them a lot of people food, since it more »

beer

Will More Fuel Efficient Cars Lead To Cheaper Beer?

Gas guzzlers don't just spew more carbon into the air, they apparently affect the price of a cold, frosty brew:
Heineken CEO Jean-Fran ois van Boxmeer pointed out on Wednesday that the increasing demand for grain for biofuel will put pressure on the price of grain, and by extension on malt and hop prices as well, two important raw materials.

We're assuming he means that ethanol production is to blame for the spike in grain prices. (Corn is at a 10-year high today.) More »

3:04 PM on Thu Feb 22 2007
By consumerintern
913 views, 19 comments

Latest by Elvisisdead: It's not that simple of an argument. There's not just "a corn market". Just like any kind of agronomy, there are different varietals that are grown for different purposes. Feed corn is different from seed corn, which is different than more »

energy

Why We're Paying But Not Hurting At The Pump

If gas prices are at an all time high, why are consumers driving more? Are they just idiots? Or is the price of a gallon of gas not the only thing to compute? More »

10:17 AM on Thu Apr 27 2006
By consumerist.com
49 views, 8 comments