Saturday, January 21, 2006

Food or Fuel at $70

 We are getting close to the place where agriculture is going to start making decisions to grow food or fuel.  This doesn’t auger well.  We will pay at the pump or pay at the grocer.  Competition for land and production inputs will make he decision where.

 

This is good short run for agriculture.  Long run it’s bad. 

 

We need to rethink this.  There are alternatives. 

 

Let’s not make the Hobson’s choice of food or fuel.  Food will lose and so will we.

 

ON the other hand, I stood on a scale today. Maybe that’s not a bad thing.

 

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