It seemed like a good idea at the time: Let's tell foreign sources of crude to keep their oil and we'll "grow" or own. They said Minnesota could be the "Saudi Arabia of Ethanol." That was a couple of decades ago. Today, 40 percent of the nation's corn crop is being shipped to ethanol plant to make fuel for our cars.
How's it working out? Is there less pollution? Are we importing less oil? Have we "grown" our way out of the "energy crisis" that hit us like an oily slap in the face during the Carter Administration? What's the price of gas at the pump?
What's happened to the price of food? Is it true that a family of four has seen a $2,000 increase in its food budget in 2012 -- and can that be pinned on the corn-ethanol industry?
These are some of the issues I explore today in my article here:
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