Letter Re: Thanks to Congress, Ethanol and Biofuel Mandates Cause Food Prices to Soar
Jim, You may have noted the article titled Thanks to Congress, Ethanol and Biofuel Mandates Cause Food Prices to Soar, before and I missed it. The article [by Dana Joel Gattuso a senior fellow at the National Center for Public Policy Research–a conservative think tank] is very interesting. I can’t vouch for the veracity of the report, or the organization, however, it doesn’t do anything to lessen my fears that any congressional involvement in the energy business only makes things worse. Here are a few scary quotes from the article: ” …ethanol requires enormous quantities of water, a valuable resource …