Thursday, February 21, 2013

Gas Prices Soar in 2013

It's been 35 straight days of higher gasoline prices in the United States in 2013.

Higher gasoline prices means higher food prices and less spending money for hard hit consumers across the country.

The average US unleaded gasoline price rose .136 this past week.  And compared to a year ago, it's up nearly 16 cents.  But in some parts of the country, the price is up nearly 30 cents from a year ago.

And there's no sign that the prices are going to slow or even decline.

In fact, many analysts speculate that gasoline prices will continue to soar as we approach the summer driving season when prices are typically always higher.

So expect higher costs of everything---except wages--- as the impact of this year's soaring gas prices get passed along to the real victims of Big Oil.

Companies will pass on theses higher fuel costs to consumers.  And as we all have experienced, consumer prices are "quick to rise and slow to fall".

So many companies will enjoy higher prices and higher profits.  But who to blame?  They will again use renewable fuels as their scapegoat.  When in fact, renewable fuels like ethanol have increased the fuel supply.

But then Big Oil and Big Food don't worry about facts.

Source: US Energy Information Agency


Food and Fuel
Good and Balanced Food and Fuel News!

Sunday, February 3, 2013

Super Bowl Chicken Crap

Chicken Little Chicken Wings Crap
The National Chicken Council is stirring up Super Bowl Chicken Crap this football Super Bowl Sunday.

And it is the tired old Chicken Little story about how renewable fuels is ruining your game day chicken wings.

No, they want you to believe it's all about renewable fuels.

"40% of the nation's corn crop" is going for ethanol proclaims their news release.

But it's chicken crap.

The National Chicken Council conveniently forgets to mention the real drivers of higher consumer food prices, like energy, marketing costs and higher profits.

Strong demand for corn means more corn is planted for all users.  And strong demand means continued innovation in seed technologies and increased productivity while protecting the environment with less inputs and modern farming practices.

They are so off-base with their numbers they purposeful do not include the Dried Distillers Grains (DDGs) that are a co-product of the ethanol process that are returned to the feed industry as a nutritious animal feed.

That's about a third of every bushel of corn is returned as animal feed.

So to use the 40% level and not include the DDGs is just plain deceptive.

Or as we like to call it, "chicken crap".

Form more information, check out the following articles:


Food and Fuel
Good and Balanced Food and Fuel News!