Corn Commentary

Is Big Oil Behind Food & Fuel Smear?

In case you missed it, Bob Lutz, GM’s product guru, took on the Union of Concerned Scientists and the American Petroleum Institute at a meeting of the Western Automotive Journalists in San Franscisco. A BusinessWeek article notes that when asked about the wisdom of E85, Lutz took a swipe at API by charging the big oil interest is running a multi-million dollar smear campaign against ethanol:

“They make it sound like ethanol is taking food out of the mouths of babes. According to them, we’re going to have taco riots in Mexico because of ethanol.”

ALSO WORTH READING:

• Gasoline Prices Rise and So Does Everything Else
• Over the River and Through the Woods Will Cost You More This Year
• Cost of Energy Outpaces Impact of Corn on Food Prices