Bob McCarty Writes

Under the headline, Investors suffer as US ethanol boom dries up, Financial Times reported today on the plight of people like Microsoft’s Bill Gates whose investment in the ethanol industry are not panning out:
Investors, such as Microsoft’s Bill Gates, are sitting on billions of dollars in losses after buying into the corn-based ethanol industry that [...]

[Read more →]

It appears the North Dakota corn ethanol industry “shucks.” According to a report this morning in the Grand Forks Herald newspaper, the developer of a 100-million gallon ethanol plant in the Spiritwood Energy Park near Jamestown, N.D., says the plant is on hold.
Rob at Say Anything Blog points out the fact that this [...]

[Read more →]

I typed the words, “energy independence,” in a Google News Search and found articles about algae, wind and other renewable sources of energy being touted as solutions to the current crisis that has Americans paying record-high prices for fuel. While I agree that some renewable sources of energy — corn ethanol excluded — hold [...]

[Read more →]

At last, a prominent politician has called for an end to — or, at a minimum, a temporary halt to — the insanity that surrounds the push for corn ethanol. That word comes, according to a news release today, from the people at the National Chicken Council:
Texas Governor Rick Perry is to be congratulated [...]

[Read more →]

Rice is produced worldwide and is the primary staple for more than half the world’s population, according to the USDA Economic Research Service’s Rice Report. So when prices for this food staple and others skyrocket overnight, it’s not surprising to see that riots and unrest are being predicted around the world:
Philippine activists warn about [...]

[Read more →]