Ethanol Huge Mistake, GOB says

According to this recent news piece, ethanol is a risky business.

However, Brown said, “if the ethanol producers stay in the market, that will disrupt the food supply.”

He added: “Because of the interrelationships among crops, a major shortfall in the U.S. harvest could tip global grain and soy markets into chaos.”

It would affect the prices of food made directly from these commodities, such as bread, pasta and tortillas, and food made indirectly, such as pork, poultry, beef, milk and eggs.

If it happened this summer, it would be especially bad because of the current pace of global food inflation.

“The rest of the world is less able to pay high prices for food. What’s annoying for us is life-threatening elsewhere,” Brown said.

Well, at least it has been a safe alternative to oil-based gasoline. . . not.

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