Submitted on May 19th, 2008 by Unregistered user (not verified)
It is supply and demand. Using corn for fuel just created another demand and with a constant supply (in other words all other things being equal), this will drive prices up.
Biofuels are justly a cause for rising food prices world-wide, not the only cause, however.
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Submitted on May 19th, 2008 by Unregistered user (not verified)It is supply and demand. Using corn for fuel just created another demand and with a constant supply (in other words all other things being equal), this will drive prices up.
Biofuels are justly a cause for rising food prices world-wide, not the only cause, however.