The OilDrum blog summarized the mess of shortsighted and pork barrel fuel policies and calls it a vicious circle of rising prices:
“…surging energy prices are a big component of surging inflation, but with the ethanol mandates we are throwing jet fuel on an already raging fire.”
Who’s hurting?
- The ethanol producer
- The rancher and farmer
- The farmland buyer
- The environment
- Anyone who eats