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US – Livestock farmers say ethanol eats too much corn

Livestock farmers are demanding a change in the nation’s ethanol policy, claiming current rules could lead to spikes in meat prices and even shortages at supermarkets if corn growers have a bad year....

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Iran official says oil could reach 150 dollars per barrel

Comments made after EU announced ban on Iranian oil   The head of Iran’s state oil company said Sunday that the price of crude will reach $120 to $150 per barrel, as officials in Tehran prepare to...

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McDonald’s not Ethanol is What’s Raising Chicken and Food Prices

It’s not ethanol production that’s raising the price of food like chicken and beef. According to Bloomberg and Businessweek, the culprit is McDonald’s!   That’s right, gang! The 26% year-to-date price...

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Ethanol Plummets Against Gasoline on Outlook for Cheaper Corn

Ethanol plummeted against gasoline on speculation that a government report today will show corn production higher than a year earlier, decreasing costs for distillers to make the biofuel from the...

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