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Food For Fuel - Suddenly Politically Incorrect

4/29/2008

$119.00 crude seems to have lead to heated debate on the use of food for fuel, its validity and efficiency.  Last week Texas govnernor Perry requested an exemption from the national renewable fuels standard, which requires use of biofuels like ethanol.  He is seeking a year long waiver of 50% of the mandate.  "It is time for Washington to pay attention to what is goning on and grant some relief from the unrealistic demands of the ethanol program", said NCC President George Watts.  The NCC represents chicken producing companies, and its members account of 95% of the chicken sold in the U. S.




Monika Riley
Alaron Research Team
800.684.1730
mriley@alaron.com

 

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