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E.Central MN | China/India's wealth is increasing along with their energy needs and wants, like cars, etc that we take for granted. If you double the amount of cars you are increasing the demand for oil. Are you suggesting that oil supplies are going to come on the market to handle that increased demand??? Isn't it more likely that export demand for US corn will decrease if the world's growing areas receive normal weather patterns? That would lower the price of corn allowing efficient ethanol plants to continue production. It doesn't even touch on why supply/demand doesn't lead to more use of ethanol when ethanol is cheaper than gas. | |
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