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Should the Ethanol Bubble Burst?
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<p>The question of whether or not ethanol production is driving up food prices is intriguing because there are interests on both sides who would want to fudge the answer in their favor. If the premise that ethanol is driving up food prices is being overstated, I am surprised that the popular news media would participate because I perceive them to be highly biased in favor of ethanol as well as all of the other planks of the green movement. </p><p>I do hear them often mention the exploding world demand as at least part of the cause. Oddly enough, I hear very little linkage to the fuel prices as being a cause for food price increases. Considering the media's love of renewables and hatred of big oil, I would think blaming the whole thing on fuel cost would be a slam-dunk for them. </p>
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