What's Really Going On With the Ethanol Debate?
The ethanol strategy is intended to displace some of the U.S.'s use of foreign oil, right? Does it strike anyone as odd that we are spending trillions of defense dollars in the Middle East, prompted to some degree by a perceived need to stabilize U.S. access to petroleum resources, while we debate relative minutia related to the possible global effects of our ethanol production? We appear to be taking it as an inescapable given that U.S. petroleum policy will have massive consequences throughout the world, but we scrutinize any competitive product for each and every tenuous connection to adverse impacts on the international economy.