Green Fuel Disaster Alert

the green fuel bomb  Without government subsidies, controls and mandates, there would have been little if any demand for ethanol.

another killer fraud perped by El GRINGOre's posse “ Mexico's Poor Seek Relief From Tortilla Shortage Tortillas are filling—Mexicans eat up to ten every day—but a dramatic rise in the cost of corn flour has driven up the cost of a dozen tortillas from the equivalent of 30 U.S. cents to 50 cents or more in some stores. ... Many experts also point out that U.S. demand for corn to manufacture ethanol is a large factor in the price hikes, especially in neighboring countries. Significant amounts of Mexican corn are now being diverted northward to take advantage of the high prices. UPDATE 3-Ethanol boom sharply cuts US corn surplus - The resurgent U.S. ethanol industry will use an additional 250 million bushels of corn through the next 15 months, dramatically reducing the corn surplus, despite record crops, the government said on Thursday. ... In a monthly update of crop output and usage, USDA also forecast China would import 1 million tonnes of corn this year, up from its May estimate of 300,000 tonnes US corn shortage seen to raise meat prices With the US harvest halfway through, the US Department of Agriculture said the average corn field will yield 155.8 bushels per acre, 6.7 bushels less than its September estimate. ... “The impact of this is huge, a complete game changer,” says Gregg Doud, chief economist of the National Cattlemen’s Beef Association. “This is an all-time record change in corn yield from one month to the next. We were caught completely flat-footed.” Administration caves to Big Corn - The Obama administration wants to boost the amount of corn shoved into the gas tank of newer cars by 50 percent. The Environmental Protection Agency (EPA) made this happen on Wednesday by giving partial approval to E15, an automotive fuel blend containing 15 percent ethanol. ... Without government subsidies, controls and mandates, there would have been little if any demand for ethanol.