Mislead By Big Oil? Say it Ain’t So…

I’ve been going along here thinking that the reason my corn flakes are costing $6 per box is because Ethanol is driving up the price of grain. I mean, that’s what I saw on the evening news. So, it must be true, right?

Oops. Looks like there’s another side to the story. Probably the oil lobby has succeeded in influencing reporters not to tell us both sides.

DarkPalmer has an interesting article about Ethanol in which he makes the case that the reason for the rise in grain prices is because of the rise in gas prices. And that if we had more alternatives to oil, that the price of grain would go down, not up.

Interesting.

I think having more alternatives is a good idea.

A group called Driving Ethanol (www.drivingethanol.org) is currently running a petition to bring attention to these issues. You can get involved by signing the petition here:

http://www.thepetitionsite.com/1/declare-july-4th-energy-independence-day

Have a great 4th of July!

~ by jsams12 on July 4, 2008.