Wednesday, July 9, 2008

America Wins: Food Prices

Food prices are tied to fuel prices. Getting more refining capacity in the near term and getting cars off of oil in the mid-term and long-term will help farmers with diesel and fertilizer prices. Breakthroughs in cellulosic ethanol (the kind that comes from switch grass and wood chips rather than corn) will make corn and other grains more available and more affordable as food. We should stop competing fuel against food.

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