Article

2008-01-29 Southeast Asia

The other oil shock: Vegetable oil prices soar

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Posted by phil_b 2008-01-29 16:40|| || Front Page|| [6 views ] Top

#1 We are turning food corn into ethanol. Dumb!!!

This will put a strain on all other oils, because corn oil is going up. Meat prices are rising because feed is being diverted to ethanol. etc. etc.

Tortillias are going up because corn is going up. It's a giant ripple effect. All to satisfy the Greenies and Iowa farmers. Dumb!!!

Posted by GolfBravoUSMC 2008-01-29 19:09|| 2008-01-29 19:09|| Front Page Top

#2 If Soylent Green comes online, and AlGore goes first, we only have to worry about the next year's crop

Posted by Frank G">Frank G 2008-01-29 19:19|| 2008-01-29 19:19|| Front Page Top

#3 I have heard it suggested that George W. Bush went for this ethanol thing whole heartedly, even though he knew it wouldn't work, because he wanted to kill the idea quick, not have some other President dilly dally with it for years.

"Sometimes, the best way to kill an idea is to let it happen."

Posted by Anonymoose 2008-01-29 20:27|| 2008-01-29 20:27|| Front Page Top

#4 Nice thought, Anonymoose, except, when government makes a mistake, it does not reverse course, it doubles down...

Posted by M. Murcek">M. Murcek 2008-01-29 20:50|| 2008-01-29 20:50|| Front Page Top

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