With gas prices going up and up and showing no signs of slowing down anytime soon, it seems like more and more concerned citizens are discussing the use of corn-based ethanol as an alternative to fuelling our vehicles. But while some believe that filling up our cars with corn-based ethanol will actually decrease greenhouse-gas emissions, others have stated that corn-based ethanol may in fact not only be more harmful for the environment, but harmful to your wallet as well. The idea of using corn-based ethanol in cars first sprang up nearly a decade ago, but since then farmers have been…

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Why are food prices still high given the decline in ethanol related commodities such as corn ?  The question was asked by Robert Dineeen who is president of the Renewable Fuels Association. People can no longer justify their position that demand for corn for ethanol production is driving food prices. Why, because corn prices and fuel prices have now actually fallen. The only thing that has not fallen is food prices. The real truth behind the prices increases in the past appears to have been speculation and the increases in energy prices. Link to this post!