Food vs. Fuel
¥Rising
price of oil has made it profitable to turn grain into
fuel
¥More than
one fourth of the U.S. grain crop is now going to
ethanol
¥U.S. ethanol euphoria helped
double annual growth in global grain demand,
raising food prices worldwide
The
grain needed to fill an SUVÕs 25-gallon tank with ethanol once could feed one person for an entire year.
Photo
Credit: iStockPhoto / Dave Huss
Corn Used for Fuel Ethanol in the
United States,
1980-2010