Dick Durbin (D) Admits Ethanol Mandates Affecting Food Prices

HOW MUCH ARE THE OIL COMPANIES PAYING YOU, DURBIN?

Ive supported ethanol from the beginning. The object of having homegrown fuel in America is a good goal, and its one were moving toward ever so slowly, he said. But we have to understand its had an impact on food prices. Even in the Corn Belt, wed better be honest about it.

Agriculture lobbyists say climbing oil and gas prices are more to blame for rising commodity prices. But because of biofuel mandates included in the 2005 energy bill, about one-third of the U.S. corn crop is expected to go toward ethanol production in the coming year.

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Posted by: Good Lt. at 11:30 PM

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