Food Fight over Ethanol as Special Interest Groups Trade Charges

Average Fuel Prices in U.S. – Two Year Trend – Click to Enlarge – Courtesy of and Copyright U.S. DOE

Ken Zino of AutoInformed.com on oil imports.

No jobs, a stalled economy welfare for the rich and spiking gasoline prices are hurting the Obama Administration.

[Leaving aside the controversy over President George W. Bush’s plan to do so under the flawed Energy Independence and Security Act of 2007, which mandates ethanol that apparently is now adding $1 per gallon to the price of gasoline, the question remains is this just Washington politics from an Administration whose approval rating is dropping or is it sound national policy? – AutoCrat]

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