Results tagged bureau+of+labor+statistics

Rising Consumer Price Index Confirms Inflation

This year, the price of ethanol soared above gasoline prices, and each year, more corn is diverted away from animal feed and our food supply and into our fuel. The UN stated in a report that the cost of corn, wheat, rice and soybeans could go up as much as 20 percent thanks to biofuels mandates.

A Reality Check on Ethanol and Food Prices

The amount of corn required to produce the ethanol in one gallon of gas could feed a person for an entire day. Linking the ethanol mandate to rising food prices isn’t alarmist rhetoric; it’s an accurate analysis of the facts.