Comments on: Peak Everything: Why Our Corn Supply is in Jeopardy http://oildummy.com/2008/06/02/peak-everything-why-our-corn-supply-is-in-jeopardy/ Exposing our Addiction... Fri, 12 Mar 2010 07:49:22 +0000 http://wordpress.org/?v=2.3.3 By: Chief http://oildummy.com/2008/06/02/peak-everything-why-our-corn-supply-is-in-jeopardy/#comment-575 Chief Fri, 13 Jun 2008 03:08:49 +0000 http://oildummy.com/2008/06/02/peak-everything-why-our-corn-supply-is-in-jeopardy/#comment-575 I agree with abbynormal. Second and third generation biofuels are coming online very quickly. Corn-ethanol is just a stepping stone. Don't look for a huge decrease in food prices if/when corn prices decrease, however. Our highly processed/transported diets are only marginally affected by grain prices, which in turn are only partially affected by ethanol. I agree with abbynormal. Second and third generation biofuels are coming online very quickly. Corn-ethanol is just a stepping stone.

Don’t look for a huge decrease in food prices if/when corn prices decrease, however. Our highly processed/transported diets are only marginally affected by grain prices, which in turn are only partially affected by ethanol.

]]> By: abbynormal http://oildummy.com/2008/06/02/peak-everything-why-our-corn-supply-is-in-jeopardy/#comment-565 abbynormal Thu, 05 Jun 2008 06:57:25 +0000 http://oildummy.com/2008/06/02/peak-everything-why-our-corn-supply-is-in-jeopardy/#comment-565 Brazil is having the biggest impact on the corn crisis, imo. Need not worry though, free market economics will work this out. Corn is being used as a fuel chiefly because it is a cheap fuel (like it has been a cheap food). As demand for it (as food or fuel) increases, so will prices, therefore driving down demand and prices with it. There's no all-in-one solution to today's energy crisis' like some would have us believe. Alternative fuels, demand side solutions, government subsidies, new technology - they will all eventually get us out of the mild strain we're currently experiencing. BTW, look for oil to plummet Septemer-October'ish. Brazil is having the biggest impact on the corn crisis, imo. Need not worry though, free market economics will work this out. Corn is being used as a fuel chiefly because it is a cheap fuel (like it has been a cheap food). As demand for it (as food or fuel) increases, so will prices, therefore driving down demand and prices with it.

There’s no all-in-one solution to today’s energy crisis’ like some would have us believe. Alternative fuels, demand side solutions, government subsidies, new technology - they will all eventually get us out of the mild strain we’re currently experiencing. BTW, look for oil to plummet Septemer-October’ish.

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