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Don’t Blame Ethanol For Fuel, Food Prices, Ag Deputy Says
By Mr Ethanol | July 31, 2008
Winona Daily News:
Ethanol isn’t entirely to blame for rising fuel and food prices, state Deputy Commissioner of Agriculture Jim Boerboom told Winona business leaders Tuesday.
Boerboom met with about 25 business people invited by the Winona Area Chamber of Commerce to a lunch at Jefferson’s Pub & Grill. Much of the speech focused on ethanol’s impacts to food and fuel prices.
Boerboom said Americans are paying more for food and gas and they’re not sure why. Some critics of ethanol, a fuel additive made mostly from corn, blame it for contributing to rising costs. But larger causes are an increase in global demand for fuel, primarily from China and India, a decline in agricultural production worldwide, record high U.S. exports, speculative investors driving up fuel prices and the falling value of the U.S. dollar in other markets, Boerboom said.
“Ethanol is not a perfect fuel, but it’s better than gasoline,” Boerboom’s communications director Michael Schommer said in an interview after the meeting. “It’s not a gasoline replacement; it’s an additive to meet environmental standards.”
Agriculture, including ethanol production, is a booming industry in Minnesota. More than 376,000 jobs are directly linked to agriculture, and Minnesota is seventh in the nation on exporting agricultural goods to other countries, Boerboom said.
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July 31st, 2008 at 12:16 pm
I really enjoyed this post. I’m glad there are others out that agree ethanol is not to blame for rising food and fuel prices. Bob Dinneen, president of the Renewable Fuels Association recently published a response to a USA Today opinion piece blaming ethanol for high oil prices. Dinneen’s response can be found here: http://blogs.usatoday.com/oped/2008/07/opposing-view-e.html.
August 4th, 2008 at 6:14 am
I also do not think ethanol is to blame for high fuel prices its just the people who run the food industry who ae taking advantage of the situation. Very good article, I enjoyed it.