Monday, September 17, 2007
Guns or Butter: Gas or Twinkies
photo courtesy of chanchow
Drought and bad weather across the globe in combination with the ethanol wave are driving the cost of wheat to historic highs. I saw a strange billboard today driving home from the West Side: it showed a field of grass or some other type of plants, with a blue sky above. The only words on the sign were in green, centered in the blue sky, and read "gas station". Turning agriculture into fuel is not going to be without its serious costs. Eventually we will all, even here in L.A., have to drive less. Or maybe eat less.
Update: The NY Times basically says the same thing.