Obama: Feds May Need To Rethink Ethanol
All Candidates Suggest Biofuel Production And Policies Need Retooling As Food Prices Rise
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"What I've said is my top priority is making sure people are able to get enough to eat. If it turns out we need to make changes in our ethanol policy to help people get something to eat, that has got to be the step we take," said Obama, D-Ill., on NBC's "Meet the Press."
"We have rising food prices around the United States. In other countries, we're seeing riots because of the lack of food supply, so this is something we're going to have to deal with," he said.
Last week, a group of Republican senators including McCain, R-Ariz., asked the Environmental Protection Agency to loosen congressional mandates to blend more ethanol and other renewable fuels into the gasoline supply, saying they are adding significantly to food costs. The mandates are backed by President Bush and senators representing farm states.
Sen. Hillary Rodham Clinton, D-N.Y., speaking on ABC's "This Week," agreed the issue needs closer review.
"What we need to do is accelerate the research into farm waste and into other cellulosic plant materials. Because, I think, instead of using the corn, let's figure out if we can use the corn cob," she said. "Let's figure out if we can use the corn stalk. Let's figure out what other kind of food, you know, waste we can use."
Clinton added: "In the short run, we've got to work with our farmers and with like-minded people around the world to figure out how this increasing use in biofuels, which is part of our answer to our dependence on foreign oil, does not undermine food production and really accelerate the prices."
Some top international food scientists last month recommended halting the use of food-based biofuels, such as ethanol, saying it would cut corn prices by 20 percent during a world food crisis.
Corn production in Wisconsin is already expected to dip slightly from last year. Wisconsin farmers said they plan to plant 3.65 million acres of corn this year, down 10 percent from 2007 but the same amount planted in 2006.
Matt Hartwig, a spokesman for the Renewable Fuels Association, has said the ethanol industry is exploring many other possible ethanol feedstocks, including wood chips, switchgrass, citrus waste and garbage.
© MMVIII The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.
Best-selling author Mitch Albom on his first nonfiction work since "Tuesdays with Morrie."





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See all 238 CommentsLobbyists have contributed to an economic problem and its'' solution.
Those U.N. protocols would make U.S. law on issues ranging from the 2nd Amendment to energy usage and parental rights all subservient to United Nations whims.
Kincaid also reported Jeffrey Sachs, who runs the "Millennium Project," confirms a U.N. plan to force the U.S. to pay 0.7 percent of GNP would add about $65 billion a year to what the U.S. already donates overseas.
And the only way to raise that funding, Sachs confirms, "is through a global tax, preferably on carbon-emitting fossil fuels," Kincaid writes.
On the forum run by Americans for Legal Immigration PAC, one writer reported estimates of taxes from 35 cents to $1 dollar a gallon on gasoline would be needed.
"This is disgusting, sickening and angers me to the depths of my soul," the forum author wrote. "Obama wants us to support the world. I wonder how they intend to eliminate poverty. Most of the money always winds up in some dictator hands and in the U.N. coffers."
So, Obama wants to commit us to another $.35 to $1.00 in federal gasoline tax! HILARIOUS
Thats why McCain wants Hillary''''s A!! oppose to Obama
Total Delegate Count
Polls LIE...Supporters LIE, The Media LIES..But NUmbers Never LIE
Bias People OFTEN LIE...The BIAS MEDIA Often LIES...
But Numbers... NEVER LIE
Until she does pull EVEN or SURPASS Obama, You Hillarites are Blowing Sand out of Your A!!''''''''s !!
Until Clinton EVENS Obama or SURPASSES Obamas Numbers..Hillarys A!! is the LOSER !!!
Democrats | 2,025 Needed to Clinch
OBAMA (1,745)
CLINTON 1,603
EDWARDS 18
Republicans | 1,191 Needed to Clinch
MCCAIN 1,241
HUCKABEE 231
ROMNEY 149
CBS News estimates. Includes super delegates.
Thats why McCain wants Hillary''s A!! oppose to Obama
Total Delegate Count
Polls LIE...Supporters LIE, The Media LIES..But NUmbers Never LIE
Bias People OFTEN LIE...The BIAS MEDIA Often LIES...
But Numbers... NEVER LIE
Until she does pull EVEN or SURPASS Obama, You Hillarites are Blowing Sand out of Your A!!''''s !!
Until Clinton EVENS Obama or SURPASSES Obamas Numbers..Hillarys A!! is the LOSER !!!
Democrats | 2,025 Needed to Clinch
OBAMA (1,745)
CLINTON 1,603
EDWARDS 18
Republicans | 1,191 Needed to Clinch
MCCAIN 1,241
HUCKABEE 231
ROMNEY 149
CBS News estimates. Includes super delegates.
I never did think that converting corn to ethanol was a good idea considering food demand world wide. There are alternatives which continue to be ignored. Some other choices might be development of domestic resources such as drilling for our own oil or coal mining in Utah, or better utilization of solar energy, and wind energy, and hydrogen energy and even (dare I say it?) nuclear energy. The fact that we are so dependent on foreigh oil is the fault of the left wing, environmental, Sierra Club, liberals. Back in the 70''''s and 80''''s when they were so successful at killing and squashing all of the proposed fuel development projects, I hoped that one day they would all freeze to death in the dark. Unfortunately, we will probably all freeze to death in the dark.
May?? MAY??? That''s an understatement. It costs more to produce than a gallon of gas and solves nothong. Amother ''Wile E Coyote'' like democrat plan falls apart!!!
Posted by sandysguy at 09:39 AM : May 05, 2008
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Looks like the "Latte Liberals" are out in force today!
Hillary is going to put Obammie on his b**t tomorrow!
A lesson for economists about over-commiting a country to one substitute system while prices are high can be learned from Mexico in 1971. The oil secretary in Mexico saw oil prices rise from $12 to over $30 per barrel. He pursuaded the President of Mexico to borrow money to finance oil exploration and construction of refineries, because at $30 a barrel, they could repay their loans and still make a profit. When Saudi Arabia saw their monopoly threatened, they reduced their prices back down to $20 a barrel. That move spelled economic disaster for Mexico, as it had to repay its loans and operate at a loss. To offset their error, they devalued their peso to stop importing goods. Runaway inflation exceeded 100% for years. The exchange rate of 12.5 pesos to a dollar in 1971 is now 105,000, but the decimal point was displaced over three places to 10.5 to improve public perception.
There is no possible disconnection from world fuel economics with any energy policy. Self sufficiency is not attainable in global market. Fluctuations are a fact of life.
You may not be one but you sure are acting like one
You would rather have pathological lias Hillary or war mongering bush worshipping mcain as president
Wise up people not only is Obama the best choice but he is the only choice and get used to it cause he will be your and mine next President of these Our United States of America
God Bless You All
There is no doubt that ethanol would help reduce our total dependancy on petroleum. Brazil currently has a 20% mixture.
The economic model says that less demand on gaoline will drive gas prices downward, but more demand on ethanol will drive up ethanol prices. Regulation of ethanol prices is critical to succeeding in gaining acceptance by the consumer. The diesel fuel price model of the past two years reflects a change of which fuel will cost more as demand increases for the gasoline substitute.
Posted by dante805 at 08:00 AM : May 05, 2008
Anything worth to say about bio-fuels (the subject of the article, you know) ?
I am glad Obama is stepping up to the bat and telling it how it is.
realtime09, what is the problem with that? Do you want to be pandered to like a 1st grader or talked to like an adult? Our country needs it mojo back again and whie Obama has some faults he is by far our best chance of that.
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