Trouble is - corn uses LOTS of fresh water- energy & pesticides to grow. Corn is also a vital component in food products - corn syrup for example - and feed for farm animals.
We're now seeing that corresponding rise in corn prices reflected in the cost of food. On top of the rising fuel costs also passed on to what we pay for food and everything else.
It's a known fact that with the present engine technology - cars using ethanol blends just so happen to get LESS miles per gallon.
So you are probably - over the long run - paying the same as one driving on regular gasoline. On top of paying more for food.
There are other bio-fuels being developed - some utilizing a diverse range of plants from switchgrass to "Butanol" made from sugar beets.
We need to look closely at countries like Brazil - using bio-fuels - they are virtually independent of The Oil Cartel. Brazil mainly utilizes sugar cane & it's after-manufacture by-products to produce their bio-fuels.
Most of all- we need a firm direction on alternative energy sources from our leadership since at least 2001 and for sure 1973.
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