Use of corn as fuel has seen a dramatic rise. In 2011, 40 percent of the corn grown in the U.S. went to the production of ethanol.
An unhappy surprise is greeting drivers when they pull up to the gas pup – prices are already making their near-annual spring hikes, and we’re still weeks away until spring actually arrives.
How high do you think gasoline will get this summer? Will we still have prices in the $3.50 range, or will we be paying a dollar or more extra when the summer rush begins?
The average cost of a gallon of gasoline in the United States is $3.39, a gain of almost 3.5 cents over the last two weeks.
The oil companies, it seems, are making sure drivers have a big lump of coal in their stockings, at least when they fill up their cars.