DesertRat -> RE: Thomas Friedman: $4 a gallon is good for us (5/29/2008 8:26:17 AM)
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ORIGINAL: Sanity So that news article is a lie, and the UN's FAO food agency and Reuters are really in bed with Big Oil, working to keep biofuels down... ...Read up, inform yourself. Biofuels are huge on the world stage, and they're only getting bigger - the perspective you're arguing from in this regard seems to be from the 1970's because it's completely detached from today's reality. Big oil sells all the oil they want, they have no need to keep biofuels down. Really, you couldn't be more wrong on this issue. I don't know how often you and I agree but you are right on this topic. People mention the 70s and 80s like they were yesterday. It's a whole new scene now and people need to do some reading to grasp what is going on. The push for biofuels is not just an American phenomenon. In fact, the mandates and incentives are even greater in Europe, Brazil, etc. Here's a scenario to consider. This is actually happening. I'm a farm operator. "Hmm" I say, "I could plant green beans and peas like I have been, but corn is through the roof and still going, so I think I'll plant more corn instead." "But," you say, "we need green beans and peas to EAT! Carrots, too. And some spuds." I say, "Well, sure, but I can make lots more money growing corn...tell you what: I'll keep growing green beans, peas, and, okay, carrots and potatos, too, but I'll need to raise the prices of those things quite a bit to compensate myself for not growing corn." This is actually happening right now. And...PC has nothing to do with it. In fact, being non-PC is now the new PC. I know...it took awhile for bell bottoms and big collars to go away, too. It's hard to keep up sometimes. Bob
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