Increasing Food Costs Blamed On Ethanol

Food costs kept rising in June, but motorists finally got some relief at the gas pump, helping to lower inflation to the smallest increase in five months. The Labor Department reported that consumer prices edged up by 0.2 percent in July. That was the best showing since January and far below the 0.7 percent surge of May, the biggest jump in nearly two years.But with the use of corn for ethanol pushing up food costs and gasoline prices rising again in July, economists said the moderation in inflation could prove temporary.

Biodiesel and Ethanol

They are going to build a new biodiesel plant in Manly, IA. They have one in Glenville, MN now and are planning a 2nd plant. They pay very good wages and benefits and people are anxious for it to get up and running so that they can work there. They are also going to put up another Ethanol plant in our county. That will be a great prospect for new jobs too. The farmers are planting more corn for the Ethanol plants and the price of corn is going up so fast, now they are afraid it is going to hurt the hog business as much corn is used in hog feed. These fuels will certainly supplement the gasoline supply and help America become less dependent on foreign oil. We use Super Unleaded with Ethanol all the time in our car and it runs great. You don't have to put in an additive to prevent gasline freezeup so that is a big plus and saves you even more money as the Super Unleaded costs less too.

Ethanol Plant

We learned today that they aren't going to build a new Ethanol Plant in our county. It would have meant some new jobs in this area and we are disappointed to hear this. We use Super Unleaded gasoline with Ethanol in our car all the time and it saves money, runs good and you don't have to worry about gas line freeze up either.