scross
join:2002-09-13
Cordova, TN | reply to Jack_in_VA
Re: Stihl power equipment and ethanol "enhanced" gas OK, folks, this whole "ethanol vs. food" thing is (mostly) a red herring! The fact is that MOST of the pricing issues that you see today are due to rampant profiteering being done by the commodities traders. I will spare you the details, but if you do a little digging this has all been documented nicely out on the internet.
This coming from someone (me) who used to work for a commodities trading firm (grain, cotton, etc.) Back in the day they had to be subtle about this, so that things didn't get out of hand and become too obvious, but I still know of people (bigwigs in the commodities world) who ended up going to jail for it. These days the laws have been rewritten in their favor such that none of it is really illegal, so of course they are making the most of it! |
