Friday, June 10, 2011

Burning Up the Food Supply

Patrick Richardson, of Pajamas Media, rolls-in on the unforeseen consequences of ethanol subsidies: 

I must admit, I thought it was a neat idea initially.  However, shortly after its implementation, I started reading about how the ethanol subsidies have warped the food supply.  Or as Mark Steyn once put it in one of his articles, that at the stroke of a pen, the food supply was now part of the oil industry. 

An illustration of the ethanol cycle:

Net result:

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