A proposed increase in ethanol use in gasoline would require planting as much as 111 million acres of corn and using almost half of the crop for the fuel by 2015, according to a study by the U.S. grocery industry.
Boosting the amount of biofuels allowed to be blended in gasoline could make last year’s record corn prices “look like a walk in the park,” Bill Lapp, an agricultural analyst who conducted the study commissioned by the Grocery Manufacturers Association, told reporters today in a teleconference.
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These same morons are speculating as to what the future holds by blaming ethanol for everything.Big oil is funding the grocery manufacturers association again with another false accusation about ethanol. Too bad we all know time will tell and prove the GMA wrong as it already has with the food vs fuel debate.