Energy Independence Through Corn Liquor
How the US government is screwing up energy policy…again
As a warmer than average winter on the populated east coast has oil prices dropping, the US is about to supplement its supply of cheap oil with expensive corn alcohol. This will be domestic ethanol as high tariffs keep cheap foreign ethanol from being used. To the delight of Archer Daniels Midland, this has caused the price of corn and therefore anything that requires corn, like say food, to go up. Once again, the government tries to solve one problem and produces two.