Apropos of below
Posted by TFG on April 22nd, 2008
FT.com / In depth - Oil hits fresh high as biofuels rethink looms
Expectations rose on Tuesday that soaring food prices will provoke a rethink of support for biofuels in Europe and the US, as the price of oil hit a new high of almost $120 a barrel.
Biofuels produced from crops such as corn and soya provide a small but fast-growing share of road-fuel supplies, and had been expected to make an important contribution to meeting growing demand.
Gosh, really, ya think? Fucking morons. Fucking idiotic morons.
Don’t you dare blame anybody but yourself. You were too stupid to realize that running a tractor over the acres of corn necessary to fuel the tractor to run over the acres in the first place probably wasn’t the best idea ever. It is not within me to believe that all these assholes didn’t know precisely what they were doing, which is wreck not one, but two, commodity markets.
Can we just please get back to punching some holes in the ground and sucking out the go-juice? I’ve always been proud that we fed the world. I’m not going to be proud that we produced an endless loop of gigantic harvesters generating barely enough fuel to run gigantic harvesters. That’s a fool’s game, and you all should know better, you damn hippies.
April 23rd, 2008 at 8:26 am
In this case, I think you are giving them too much credit. Really, they just aren’t that smart. Evil, sure, but not smart. I think what is really happening is a kind of plain old graft that thinks you can skim forever without consequence. Alas, there are serious consequences, because the ground is moving beneath them in many unexpected ways.
Remove the tax subsidies and watch demand go to almost zero overnight.
April 23rd, 2008 at 6:14 pm
Where’s that fat kid holding up that ear on corn in the “go yellow” commercial? Why don’t we see him any more?