Strattner Financial Group (SCNG)

[wester51575]

3 out of every 10 corn cobs....

we grow are going into our gas tanks. So, costs for grain and keeping livestock ALIVE are rising. Hence, $8 per gallon milk, $5 loves of bread, etc, etc, etc. And oh by the way, Diesel is $4.25 per gallon and Unleaded 87 is $3.60. That worked well, didn't it? The solution is not putting more corn in our gas tanks, (it's not mufflers either lol) How about digging a FKN hole for oil in Alaska or in the Gulf? How about building a FKN Refinery? How about building a FKN power plant? How about putting 3 out of every 10 corn cobs up the politician's and (select CEO's) REAR ENDS? Unfortunately 0/3 of our presidential canidates support creating more energy...Sorry for the rant, been on this for several years..feel better now, good read below on the challenges the biofuel industry will have in continuing to doop the population.

54% Say Push for Alternative Energy Sources Driving Up Food Prices
Sunday, May 04, 2008

The latest Rasmussen Reports national telephone survey finds that 54% of American adults believe that the push for alternative energy sources is driving up food prices. The survey found that only 23% disagree while the rest are not sure. These views are generally shared across partisan and demographic lines.

The U.S. Department of Agriculture estimates that roughly 30% of corn grown in this nation is being diverted from food consumption to ethanol production. Government subsidies have encouraged this diversion of the food supply and it is having a lifestyle impact on many Americans—particularly lower-income Americans.

Thirty-five percent (35%) of Americans say that rising food prices have had a big impact on their lifestyle. That figure includes 63% of those who earn less than $20,000 annually.

Fifty percent (50%) have had to cut back on other spending to buy groceries. That figure includes 82% of those earning less than $20,000 a year and 63% of those earning $20,000 to $40,000 a year.

Seventy-six percent (76%) expect food prices to increase further in the coming months. Fifty-five percent (55%) say they are following news coverage of the topic Very Closely while another 31% are following it Somewhat Closely.


http://rasmussenreports.com/public_content/lifestyle/general_lifestyle/54_say_push_for_alternative_energy_sources_driving_up_food_prices