Subsidies make corn cost more |
Since natural gas is plentiful in the United States, on the surface that seems like a sound idea. But as we learned with the shove into ethanol production, there are macroeconomic consequences with such maneuvers, removing corn from food-production results in higher food costs.
The primary use of natural gas is for heating. Less gas for heating means higher utility costs for consumers. Meanwhile, the Environmental Protection Agency continues its war on fossil fuels. The natural gas front involves curtailing hydraulic fracking.
Food is more expensive when natural gas costs increase. Eighty percent of the expense of nitrogen fertilizer comes from gas.
Let the market decide.
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