Monday, April 7, 2008

High Gas prices hurt more than i thought

I was reading today, you know checking the news, and I came across an interesting article. It was about the problems with high gas prices but not how they affect your wallet but how it is affecting a precious commodity….Food. Apparently, higher gas prices affect the farmers with tractors and transporting the livestock or supplies to stores is causing them to have to raise prices to compensate for it. This is causing protests in other countries and in one they are even capping how many imports and exports so help with the shortage. It also was talking about the raise in food prices was helped by the attempt to change over to ethanol, which is made with corn and soy. In the article, Time Magazine called it a “fraud” because it would hurt the country more than help it. In Brazil, they tried making ethanol with sugar cane but they ran of the problem that they were using so much of it, that deforestation started happening. This to me sounds like a bigger problem that needs our immediate attention.

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