{"id":643,"date":"2008-04-29T20:13:58","date_gmt":"2008-04-30T03:13:58","guid":{"rendered":"http:\/\/elbertcounty.net\/blog\/2008\/04\/29\/food-for-oil\/"},"modified":"2008-04-29T20:34:43","modified_gmt":"2008-04-30T03:34:43","slug":"food-for-oil","status":"publish","type":"post","link":"https:\/\/elbertcounty.net\/blog\/2008\/04\/food-for-oil\/","title":{"rendered":"food for oil"},"content":{"rendered":"<p class=\"MsoNormal\">Let\u2019s see.<span>  <\/span>The price of oil and fuel went up sharply and Congress subsidized ethanol production.<span>  <\/span>In the higher priced fuel market, a marginally profitable alternative energy source became more economical with a subsidy.<span>  <\/span>Food became more expensive due to increased fuel costs plus increased scarcity.<span>  <\/span>Now, the UN and others blame the U.S. for causing food shortages.<\/p>\n<p class=\"MsoNormal\">Like hell.<span>  <\/span>Oil producers effectively encouraged the U.S. to become more energy self-sufficient and the U.S. responded by diverting food carbon into energy production. <span> <\/span>We have a classic example of unintended consequences beginning with the manipulation of energy prices.<\/p>\n<p class=\"MsoNormal\">Subsidy of alternative energy production is probably a mistake because subsidies hide real economics and distort profitability, however, the despots-R-us UN is delusional in blaming the U.S. for causing hunger.<\/p>\n<p class=\"MsoNormal\"><a href=\"http:\/\/elbertcounty.net\/blog\/wp-content\/uploads\/2008\/04\/sunset-4-29-08.gif\" title=\"sunset-4-29-08.gif\"><img decoding=\"async\" src=\"http:\/\/elbertcounty.net\/blog\/wp-content\/uploads\/2008\/04\/sunset-4-29-08.thumbnail.gif\" alt=\"sunset-4-29-08.gif\" \/><\/a><\/p>\n<p class=\"MsoNormal\">&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Let\u2019s see. The price of oil and fuel went up sharply and Congress subsidized ethanol production. In the higher priced fuel market, a marginally profitable alternative energy source became more economical with a subsidy. Food became more expensive due to increased fuel costs plus increased scarcity. Now, the UN and others blame the U.S. for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[7,13],"tags":[],"class_list":{"0":"post-643","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-country-life","7":"category-economics","8":"entry"},"_links":{"self":[{"href":"https:\/\/elbertcounty.net\/blog\/wp-json\/wp\/v2\/posts\/643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elbertcounty.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elbertcounty.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elbertcounty.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/elbertcounty.net\/blog\/wp-json\/wp\/v2\/comments?post=643"}],"version-history":[{"count":0,"href":"https:\/\/elbertcounty.net\/blog\/wp-json\/wp\/v2\/posts\/643\/revisions"}],"wp:attachment":[{"href":"https:\/\/elbertcounty.net\/blog\/wp-json\/wp\/v2\/media?parent=643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elbertcounty.net\/blog\/wp-json\/wp\/v2\/categories?post=643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elbertcounty.net\/blog\/wp-json\/wp\/v2\/tags?post=643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}