fuel for food Archive

The Sin of US ethanol subsidies

The reality if very simple, and there is no end in sight. The US is a net exporter of food, and a net importer (directly and indirectly) of motor fuels. So with current high gasoline prices we get a higher price for our food surplus by burning up part of it for ...Read More

Japan Weighs Scrapping Company-Tax Cut, Lifting Sales Levies

More talk on ‘paying for’ the reconstruction. Fearing they could be the next Greece will ensure they remain in the rut they’ve been in for most of the last two decades. Global austerity continues to push Europe towards the tipping point of where cutting spending and increasing taxes starts raising deficits though ...Read More