Food and Fuel America.com Weekly Summary - May 17, 2008
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Good and Balanced Food and Fuel News!
Weekly Summary, May 17, 2008
www.foodandfuelamerica.com
Saturday, May 17, 2008
How Risky is That Foreign Oil?
Stockholders of oil and gas companies are at a loss to fully
understand the associated risks with obtaining foreign oil.
But new legislation introduced by Rep. Barney Frank may help solve
that problem.
The new bill introduced this week, H.R. 6066, would require oil and
gas companies to disclose to the Securities and Exchange Commission
(SEC) how much they pay foreign governments for the extraction of
natural resources.
The new bill, "To require, for the benefit of shareholders, the
disclosure of payments to foreign governments for the extraction of
natural resources, to allow such shareholders more appropriately to
determine associated risks", would allow shareholders to more
accurately "determine associated risks" with investments in those
companies.
Look for the oil industry to oppose this legislation in coming weeks.
Source: THOMAS
READ MORE
* Senators Put Consumers First
* Big Oil Buys Influence on the Hill
* Senator Grassley Responds to Ethanol Smear Campaign
Never Miss a New Article--> Subscribe to updates by Email
Find What You Seek --> Search FoodandFuelAmerica.com
AddThis Social Bookmark Button
Food and Fuel America.com
http://www.foodandfuelamerica.com
Good and Balanced Food and Fuel News!
Posted by Editor at 7:16 AM 0 comments
Categories: Big Oil, Energy
Friday, May 16, 2008
Sen. Grassley Responds to Ethanol Smear Campaign
Iowa Senator Charles Grassley went to the senate floor this week to
respond to the ethanol smear campaign orchestrated by the Grocery
Manufacturers Association.
He shared the details of this recently uncovered "stealth" campaign to
make ethanol the scapegoat for a variety of problems with his fellow
senators:
"But, as was recently reported, this anti-ethanol campaign is not a
coincidence. It turns out that a $300,000, six-month retainer of a
beltway public relations firm is behind the smear campaign, hired by
the Grocery Manufacturers Association.
They’ve outlined their strategy of using environmental, hunger and
food aid groups to demonstrate their contrived “crisis.”
I think it’s important for policy-makers and the American people
to know who’s behind this effort.
According to reports, downtown D.C. lobbyists, the Glover Park
Group and Dutko Worldwide, are leading the effort to undermine and
denigrate the patriotic achievement of America’s farmers to reduce our
dependence on foreign oil while also providing safe and affordable
food."
The senator went on to detail the plans put together by the GMA and a
high-priced DC public relations group to oppose the American-grown
renewable fuel industry. He also made the original documents
available.
*
Click here to view the Grocery Manufacturers Association's
Request for Proposal (PDF)
*
Click here to view the Glover Park Group's Media Campaign
Proposal (PDF)
READ MORE
* Big Food's Big Food Fight Finally Featured
* "Fuel or Food" is the Real Question
* Oil's Dirty PR Push
* Big Oil Buys Influence on the Hill
Never Miss a New Article--> Subscribe to updates by Email
Find What You Seek --> Search FoodandFuelAmerica.com
AddThis Social Bookmark Button
Food and Fuel America.com
http://www.foodandfuelamerica.com
Good and Balanced Food and Fuel News!
Posted by Editor at 6:58 AM 0 comments
Categories: Big Oil, Ethanol, Food Costs
Thursday, May 15, 2008
Big Food's Big Food Fight Finally Featured
The Grocery Manufacturers Association's (GMA) frightful attack
campaign on biofuels was finally revealed in Wednesday's Roll Call
newspaper.
"Rising food and fuel prices have led the biofuel industry to take
a beating on Capitol Hill the past few weeks. But the pummeling hasn’t
been by chance — it’s part of a concerted effort spearheaded by the
Grocery Manufacturers Association and the Glover Park Group."
The GMA launched its aggressive multi-million dollar, 6-month campaign
against ethanol on behalf of its members to turn public opinion
against the American-grown renewable fuel.
GMA officers come from well-known American food manufacturers which
include Campbell Soup, Del Monte Foods, and Lakeside Foods.
The GMA's campaign comprises four main components:
* Develop a left-leaning coalition of environmentalists, hunger
and poverty activists and labor groups;
* Blame food cost increases on biofuels (while ignoring the role
of soaring energy costs);
* Send anti-ethanol propaganda to food banks and other local
opinion leaders;
* Pay others to create "third-party" reports and spread their
slanted points-of-view.
The goals apparently are to attack corn-based ethanol at every level,
poison public opinion and to get Congress to reverse its support of
the alternative fuel.
Unfortunately for the GMA, not all of its members think attacking
American agriculture is such a good idea. Someone apparently provided
Roll Call with a full and detailed copy of the attack plan.
And it's no coincidence that the American Petroleum Institute has
launched its own multi-million dollar image campaign. Industry
insiders tell us that the same PR companies are involved with both
efforts.
How convenient.
Other bloggers have started sharing this amazing story to destroy
ethanol through this well-funded and slick "inside the beltway"
effort. Read more accounts HERE, HERE and HERE.
READ MORE
* "Fuel or Food" is the Real Question
* Oil's Dirty PR Push
* Big Oil's Big Stall on Ethanol
* Vinod Khosla: API To Blame for Food & Fuel War
* Big Oil Buys Influence on the Hill
* Amazing Oil Brings Higher Costs to Many Things
Never Miss a New Article--> Subscribe to updates by Email
Find What You Seek --> Search FoodandFuelAmerica.com
AddThis Social Bookmark Button
Food and Fuel America.com
http://www.foodandfuelamerica.com
Good and Balanced Food and Fuel News!
Posted by Editor at 12:57 AM 0 comments
Categories: Big Oil, Food Costs
Wednesday, May 14, 2008
Iowa Expands Renewable Fuel Pumps
Iowa Governor Chet Culver signed legislation this week to expand
infrastructure and access to Iowa renewable fuels.
The governor signed House File 2689 which makes changes to the Iowa
Renewable Fuels Infrastructure Program that was created in 2006 to
expand renewable fuel infrastructure and access to renewable fuels all
across Iowa.
The legislation includes the following:
* Funding for pumps that blend ethanol at different percentages
than E-10 or E85.
* Allowing funding for retailers who want to install E85 and
biodiesel at one location.
* Increasing grants for biodiesel pumps from $50,000 to $100,000.
The governor announced the importance of this legislation for Iowa and
the nation:
“Iowa is becoming a national leader in the field of renewable
energy. We’re building a very diverse renewable energy portfolio, and
developing a statewide energy plan.
Source: Iowa Governor's Office
READ MORE
* New Report Shows Ethanol Lowers Gas Prices
* Kernels of Truth from Iowa
* Iowa Recognizes Top Ethanol and Biodiesel Marketers
* What's Black and White and Green All Over?
Never Miss a New Article--> Subscribe to updates by Email
Find What You Seek --> Search FoodandFuelAmerica.com
AddThis Social Bookmark Button
Food and Fuel America.com
http://www.foodandfuelamerica.com
Good and Balanced Food and Fuel News!
Posted by Editor at 12:16 AM 0 comments
Categories: Energy, Ethanol
Tuesday, May 13, 2008
"Fuel or Food" is the Real Question
Do we spend our money to buy fuel or to buy food? That's the real
question for Americans facing even higher gas prices at the pumps this
week.
The average retail price of gasoline and diesel both jumped
dramatically this week rising to record levels.
The average price of gasoline increased nearly 11 cents a gallon to
$3.722 a gallon. That's 62 cents more per gallon higher than last year
at this time.
And diesel prices rose 18 cents to $4.331 a gallon, up $1.558 from
last year at this time.
With gasoline prices up over $1.50 over the past 18 months, Americans
are really feeling the pain at the pump. That $1.50 rise means a
$1,500 increase in gas costs per year ($1.5 * 20 gal * 52 week).
That's $30 each week less to spend at the store for food or other
necessities.
But higher pump prices also means higher food prices too as the impact
of higher energy costs hits every sector of the food business. From
the farmer in the field to the truckers on the road to the store clerk
stocking the items on the shelves. Higher energy costs play the
biggest role is rising food prices.
And as much as higher gas prices hurts average Americans, higher fuel
prices are crippling to other world economies. Millions of dollars are
being spent by impoverished countries for higher fuel costs. Quite
literally, their food money is being spent for fuel rather than food.
And those countries generous enough to offer food aid are seeing their
money spent on even higher transportation costs, thus reducing food
aid as well.
"Fuel or Food", that's the real question facing us all.
Source: US Department of Energy
READ MORE
* Food Price Problem: Outrageous Oil
* Pumping Up Gas Prices
* New Texas A&M Study Shows Higher Oil Prices are Impacting
Consumer Prices
* Biofuel Myths vs Facts
* Higher Fuel Costs Go Postal
* New Report Shows Ethanol Reduces Gas Prices
Never Miss a New Article--> Subscribe to updates by Email
Find What You Seek -->Search FoodandFuelAmerica.com
AddThis Social Bookmark Button
Food and Fuel America.com
http://www.foodandfuelamerica.com
Good and Balanced Food and Fuel News!
Posted by Editor at 4:02 AM 1 comments
Categories: Big Oil, Energy
Monday, May 12, 2008
Oil's Dirty PR Push
As we wrote earlier, the oil industry is spending millions to shape
public opinion of consumers and legislators.
The Washington Post wrote just this week about their pricey campaign
to improve oil's image:
"The American Petroleum Institute, the industry's main lobby, has
embarked on a multiyear, multimedia, multimillion-dollar campaign,
which includes advertising in the nation's largest newspapers, news
conferences in many state capitals and trips for bloggers out to
drilling platforms at sea."
So when you get that "feel good" message about foreign oil--even while
standing at the gas pump--you'll know that their big money is paying
off.
The precise amount of the campaign is not know but the API told the
Washington Post that it would spend less than $100 million on
advertisements per year.
READ MORE
* Big Oil Buys Influence on the Hill
* Oil Industry Launches PR Effort
* Amazing Oil Brings Higher Costs to Many Things
* Not Everyone Wants Renewable Energy
Never Miss a New Article--> Subscribe to updates by Email
Find What You Seek --> Search FoodandFuelAmerica.com
AddThis Social Bookmark Button
Food and Fuel America.com
http://www.foodandfuelamerica.com
Good and Balanced Food and Fuel News!
Posted by Editor at 6:03 AM 0 comments
Categories: Big Oil, Energy
Sunday, May 11, 2008
***Food and Fuel Quiz, 5-11-08***
food vs fuel debateFood and Fuel in The News
Weekly Trivia Quiz, May 11, 2008
How good are you at Food and Fuel trivia for the week? Try our new
weekly trivia quiz. Answers and scoring below the questions. Post your
scores in the comments. Good luck!
1. The Grocery Manufacturers Association (GMA) opposes new food safety
funding efforts because a) imported foods shouldn't be singled out b)
who needs more taxes? c) it would be costly to food companies?
2. Representative Dingell praised the drug industry for working with
Congress on the safety issue. Which industry did he mention was a
"marked contrast"?
3. According to BusinessWeek, Is Ethanol Getting a Bum Rap?, what
percentage of the record corn crop was used to make ethanol?
4. The average price of gasoline this week is HIGHER or LOWER than
$3.60 a gallon?
5. The average price of diesel is $4.15 a gallon. How much more a
gallon is this from last year at this time?
6. Robert Zubrin and Gal Luft wrote in the Chicago Tribune that US
farmers grow record crops to feed the world. Which two countries did
he mention are now needing more food as they move out of poverty as a
primary cause of price increases?
7. In that same article, what was the second factor?
8. On their new website, farmingforyou.org, the Illinois Farm Bureau
list five factors affecting food prices. Name them.
9. Senators introduced new energy legislation this week, Consumers
First Energy Act,. According to Senate Majority Leader Reid, he wants
to a) have a party with Big Oil to celebrate their new wealth b)
invite them to dinner c) "hold them accountable for unconscionable
price-gouging and force them to invest in renewable energy or pay a
price for refusing to do so."
10. The United States Postal Service (USPS) is increasing postage due
to escalating fuel costs. How much does a one-cent increase in fuel
price cost the Post Office per year in increased expenses?
BONUS QUESTION: (also worth 10 points)
B1. Last summer which famous motorcycle company built an E85 Chopper?
SCORE
Earn 10 points for each correct answer.
100 points : Food and Fuel Champ
80-90 points : Great! Keep it up.
60-70 points : Good, but you can do better.
10 - 50 points : Need to visit the site more often
0 points : Are you working for Big Oil?
ANSWERS
1. c) It would be costly to food companies
2. food manufacturers
3. 22%
4. Higher ($3.613)
5. $1.35 a gallon more than last year
6. China and India
7. Price of Fuel
8. Energy, Inflation, Demand, Weather, and Labor
9. c) "hold them accountable for unconscionable price-gouging and
force them to invest in renewable energy or pay a price for refusing
to do so."
10. A one-cent increase in fuel costs USPS more than $8 million in
higher fuel costs per year.
BONUS
B1. Orange County Chopper
READ MORE
* Previous Quizes
* Biofuel Myths vs Facts
* Big Oil's War on Ethanol
* Find Alternative Fuel Locations
Never Miss a New Article--> Subscribe to updates by Email
Find What You Seek --> Search FoodandFuelAmerica.com
AddThis Social Bookmark Button
Food and Fuel America.com
http://www.foodandfuelamerica.com
Good and Balanced Food and Fuel News!
Posted by Editor at 7:26 AM 0 comments
Categories: Quiz
Good and Balanced Food and Fuel News!
Weekly Summary, May 17, 2008
www.foodandfuelamerica.com
Saturday, May 17, 2008
How Risky is That Foreign Oil?
Stockholders of oil and gas companies are at a loss to fully
understand the associated risks with obtaining foreign oil.
But new legislation introduced by Rep. Barney Frank may help solve
that problem.
The new bill introduced this week, H.R. 6066, would require oil and
gas companies to disclose to the Securities and Exchange Commission
(SEC) how much they pay foreign governments for the extraction of
natural resources.
The new bill, "To require, for the benefit of shareholders, the
disclosure of payments to foreign governments for the extraction of
natural resources, to allow such shareholders more appropriately to
determine associated risks", would allow shareholders to more
accurately "determine associated risks" with investments in those
companies.
Look for the oil industry to oppose this legislation in coming weeks.
Source: THOMAS
READ MORE
* Senators Put Consumers First
* Big Oil Buys Influence on the Hill
* Senator Grassley Responds to Ethanol Smear Campaign
Never Miss a New Article--> Subscribe to updates by Email
Find What You Seek --> Search FoodandFuelAmerica.com
AddThis Social Bookmark Button
Food and Fuel America.com
http://www.foodandfuelamerica.com
Good and Balanced Food and Fuel News!
Posted by Editor at 7:16 AM 0 comments
Categories: Big Oil, Energy
Friday, May 16, 2008
Sen. Grassley Responds to Ethanol Smear Campaign
Iowa Senator Charles Grassley went to the senate floor this week to
respond to the ethanol smear campaign orchestrated by the Grocery
Manufacturers Association.
He shared the details of this recently uncovered "stealth" campaign to
make ethanol the scapegoat for a variety of problems with his fellow
senators:
"But, as was recently reported, this anti-ethanol campaign is not a
coincidence. It turns out that a $300,000, six-month retainer of a
beltway public relations firm is behind the smear campaign, hired by
the Grocery Manufacturers Association.
They’ve outlined their strategy of using environmental, hunger and
food aid groups to demonstrate their contrived “crisis.”
I think it’s important for policy-makers and the American people
to know who’s behind this effort.
According to reports, downtown D.C. lobbyists, the Glover Park
Group and Dutko Worldwide, are leading the effort to undermine and
denigrate the patriotic achievement of America’s farmers to reduce our
dependence on foreign oil while also providing safe and affordable
food."
The senator went on to detail the plans put together by the GMA and a
high-priced DC public relations group to oppose the American-grown
renewable fuel industry. He also made the original documents
available.
*
Click here to view the Grocery Manufacturers Association's
Request for Proposal (PDF)
*
Click here to view the Glover Park Group's Media Campaign
Proposal (PDF)
READ MORE
* Big Food's Big Food Fight Finally Featured
* "Fuel or Food" is the Real Question
* Oil's Dirty PR Push
* Big Oil Buys Influence on the Hill
Never Miss a New Article--> Subscribe to updates by Email
Find What You Seek --> Search FoodandFuelAmerica.com
AddThis Social Bookmark Button
Food and Fuel America.com
http://www.foodandfuelamerica.com
Good and Balanced Food and Fuel News!
Posted by Editor at 6:58 AM 0 comments
Categories: Big Oil, Ethanol, Food Costs
Thursday, May 15, 2008
Big Food's Big Food Fight Finally Featured
The Grocery Manufacturers Association's (GMA) frightful attack
campaign on biofuels was finally revealed in Wednesday's Roll Call
newspaper.
"Rising food and fuel prices have led the biofuel industry to take
a beating on Capitol Hill the past few weeks. But the pummeling hasn’t
been by chance — it’s part of a concerted effort spearheaded by the
Grocery Manufacturers Association and the Glover Park Group."
The GMA launched its aggressive multi-million dollar, 6-month campaign
against ethanol on behalf of its members to turn public opinion
against the American-grown renewable fuel.
GMA officers come from well-known American food manufacturers which
include Campbell Soup, Del Monte Foods, and Lakeside Foods.
The GMA's campaign comprises four main components:
* Develop a left-leaning coalition of environmentalists, hunger
and poverty activists and labor groups;
* Blame food cost increases on biofuels (while ignoring the role
of soaring energy costs);
* Send anti-ethanol propaganda to food banks and other local
opinion leaders;
* Pay others to create "third-party" reports and spread their
slanted points-of-view.
The goals apparently are to attack corn-based ethanol at every level,
poison public opinion and to get Congress to reverse its support of
the alternative fuel.
Unfortunately for the GMA, not all of its members think attacking
American agriculture is such a good idea. Someone apparently provided
Roll Call with a full and detailed copy of the attack plan.
And it's no coincidence that the American Petroleum Institute has
launched its own multi-million dollar image campaign. Industry
insiders tell us that the same PR companies are involved with both
efforts.
How convenient.
Other bloggers have started sharing this amazing story to destroy
ethanol through this well-funded and slick "inside the beltway"
effort. Read more accounts HERE, HERE and HERE.
READ MORE
* "Fuel or Food" is the Real Question
* Oil's Dirty PR Push
* Big Oil's Big Stall on Ethanol
* Vinod Khosla: API To Blame for Food & Fuel War
* Big Oil Buys Influence on the Hill
* Amazing Oil Brings Higher Costs to Many Things
Never Miss a New Article--> Subscribe to updates by Email
Find What You Seek --> Search FoodandFuelAmerica.com
AddThis Social Bookmark Button
Food and Fuel America.com
http://www.foodandfuelamerica.com
Good and Balanced Food and Fuel News!
Posted by Editor at 12:57 AM 0 comments
Categories: Big Oil, Food Costs
Wednesday, May 14, 2008
Iowa Expands Renewable Fuel Pumps
Iowa Governor Chet Culver signed legislation this week to expand
infrastructure and access to Iowa renewable fuels.
The governor signed House File 2689 which makes changes to the Iowa
Renewable Fuels Infrastructure Program that was created in 2006 to
expand renewable fuel infrastructure and access to renewable fuels all
across Iowa.
The legislation includes the following:
* Funding for pumps that blend ethanol at different percentages
than E-10 or E85.
* Allowing funding for retailers who want to install E85 and
biodiesel at one location.
* Increasing grants for biodiesel pumps from $50,000 to $100,000.
The governor announced the importance of this legislation for Iowa and
the nation:
“Iowa is becoming a national leader in the field of renewable
energy. We’re building a very diverse renewable energy portfolio, and
developing a statewide energy plan.
Source: Iowa Governor's Office
READ MORE
* New Report Shows Ethanol Lowers Gas Prices
* Kernels of Truth from Iowa
* Iowa Recognizes Top Ethanol and Biodiesel Marketers
* What's Black and White and Green All Over?
Never Miss a New Article--> Subscribe to updates by Email
Find What You Seek --> Search FoodandFuelAmerica.com
AddThis Social Bookmark Button
Food and Fuel America.com
http://www.foodandfuelamerica.com
Good and Balanced Food and Fuel News!
Posted by Editor at 12:16 AM 0 comments
Categories: Energy, Ethanol
Tuesday, May 13, 2008
"Fuel or Food" is the Real Question
Do we spend our money to buy fuel or to buy food? That's the real
question for Americans facing even higher gas prices at the pumps this
week.
The average retail price of gasoline and diesel both jumped
dramatically this week rising to record levels.
The average price of gasoline increased nearly 11 cents a gallon to
$3.722 a gallon. That's 62 cents more per gallon higher than last year
at this time.
And diesel prices rose 18 cents to $4.331 a gallon, up $1.558 from
last year at this time.
With gasoline prices up over $1.50 over the past 18 months, Americans
are really feeling the pain at the pump. That $1.50 rise means a
$1,500 increase in gas costs per year ($1.5 * 20 gal * 52 week).
That's $30 each week less to spend at the store for food or other
necessities.
But higher pump prices also means higher food prices too as the impact
of higher energy costs hits every sector of the food business. From
the farmer in the field to the truckers on the road to the store clerk
stocking the items on the shelves. Higher energy costs play the
biggest role is rising food prices.
And as much as higher gas prices hurts average Americans, higher fuel
prices are crippling to other world economies. Millions of dollars are
being spent by impoverished countries for higher fuel costs. Quite
literally, their food money is being spent for fuel rather than food.
And those countries generous enough to offer food aid are seeing their
money spent on even higher transportation costs, thus reducing food
aid as well.
"Fuel or Food", that's the real question facing us all.
Source: US Department of Energy
READ MORE
* Food Price Problem: Outrageous Oil
* Pumping Up Gas Prices
* New Texas A&M Study Shows Higher Oil Prices are Impacting
Consumer Prices
* Biofuel Myths vs Facts
* Higher Fuel Costs Go Postal
* New Report Shows Ethanol Reduces Gas Prices
Never Miss a New Article--> Subscribe to updates by Email
Find What You Seek -->Search FoodandFuelAmerica.com
AddThis Social Bookmark Button
Food and Fuel America.com
http://www.foodandfuelamerica.com
Good and Balanced Food and Fuel News!
Posted by Editor at 4:02 AM 1 comments
Categories: Big Oil, Energy
Monday, May 12, 2008
Oil's Dirty PR Push
As we wrote earlier, the oil industry is spending millions to shape
public opinion of consumers and legislators.
The Washington Post wrote just this week about their pricey campaign
to improve oil's image:
"The American Petroleum Institute, the industry's main lobby, has
embarked on a multiyear, multimedia, multimillion-dollar campaign,
which includes advertising in the nation's largest newspapers, news
conferences in many state capitals and trips for bloggers out to
drilling platforms at sea."
So when you get that "feel good" message about foreign oil--even while
standing at the gas pump--you'll know that their big money is paying
off.
The precise amount of the campaign is not know but the API told the
Washington Post that it would spend less than $100 million on
advertisements per year.
READ MORE
* Big Oil Buys Influence on the Hill
* Oil Industry Launches PR Effort
* Amazing Oil Brings Higher Costs to Many Things
* Not Everyone Wants Renewable Energy
Never Miss a New Article--> Subscribe to updates by Email
Find What You Seek --> Search FoodandFuelAmerica.com
AddThis Social Bookmark Button
Food and Fuel America.com
http://www.foodandfuelamerica.com
Good and Balanced Food and Fuel News!
Posted by Editor at 6:03 AM 0 comments
Categories: Big Oil, Energy
Sunday, May 11, 2008
***Food and Fuel Quiz, 5-11-08***
food vs fuel debateFood and Fuel in The News
Weekly Trivia Quiz, May 11, 2008
How good are you at Food and Fuel trivia for the week? Try our new
weekly trivia quiz. Answers and scoring below the questions. Post your
scores in the comments. Good luck!
1. The Grocery Manufacturers Association (GMA) opposes new food safety
funding efforts because a) imported foods shouldn't be singled out b)
who needs more taxes? c) it would be costly to food companies?
2. Representative Dingell praised the drug industry for working with
Congress on the safety issue. Which industry did he mention was a
"marked contrast"?
3. According to BusinessWeek, Is Ethanol Getting a Bum Rap?, what
percentage of the record corn crop was used to make ethanol?
4. The average price of gasoline this week is HIGHER or LOWER than
$3.60 a gallon?
5. The average price of diesel is $4.15 a gallon. How much more a
gallon is this from last year at this time?
6. Robert Zubrin and Gal Luft wrote in the Chicago Tribune that US
farmers grow record crops to feed the world. Which two countries did
he mention are now needing more food as they move out of poverty as a
primary cause of price increases?
7. In that same article, what was the second factor?
8. On their new website, farmingforyou.org, the Illinois Farm Bureau
list five factors affecting food prices. Name them.
9. Senators introduced new energy legislation this week, Consumers
First Energy Act,. According to Senate Majority Leader Reid, he wants
to a) have a party with Big Oil to celebrate their new wealth b)
invite them to dinner c) "hold them accountable for unconscionable
price-gouging and force them to invest in renewable energy or pay a
price for refusing to do so."
10. The United States Postal Service (USPS) is increasing postage due
to escalating fuel costs. How much does a one-cent increase in fuel
price cost the Post Office per year in increased expenses?
BONUS QUESTION: (also worth 10 points)
B1. Last summer which famous motorcycle company built an E85 Chopper?
SCORE
Earn 10 points for each correct answer.
100 points : Food and Fuel Champ
80-90 points : Great! Keep it up.
60-70 points : Good, but you can do better.
10 - 50 points : Need to visit the site more often
0 points : Are you working for Big Oil?
ANSWERS
1. c) It would be costly to food companies
2. food manufacturers
3. 22%
4. Higher ($3.613)
5. $1.35 a gallon more than last year
6. China and India
7. Price of Fuel
8. Energy, Inflation, Demand, Weather, and Labor
9. c) "hold them accountable for unconscionable price-gouging and
force them to invest in renewable energy or pay a price for refusing
to do so."
10. A one-cent increase in fuel costs USPS more than $8 million in
higher fuel costs per year.
BONUS
B1. Orange County Chopper
READ MORE
* Previous Quizes
* Biofuel Myths vs Facts
* Big Oil's War on Ethanol
* Find Alternative Fuel Locations
Never Miss a New Article--> Subscribe to updates by Email
Find What You Seek --> Search FoodandFuelAmerica.com
AddThis Social Bookmark Button
Food and Fuel America.com
http://www.foodandfuelamerica.com
Good and Balanced Food and Fuel News!
Posted by Editor at 7:26 AM 0 comments
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