Ethanol Madness Part 3487

clipped from news.com.com I can't predict global crude trends, but as more corn gets earmarked for ethanol production, this much is clear: food supplies here and around the world will suffer. The U.S. produces 40 percent of the planet's corn. The production of ethanol from corn requires a lot more energy compared to the process based on cellulosic sources. Here's the rub: if current demand for ethanol continues, then our own inventories of corn likely will fall to dangerously low levels. And with U.S. farmers devoting more acreage to corn at the expense of planting other crops, that's going to hit hard in the developing world.