GM Report: Ethanol Not Causing Rise in Food Prices

A video news report by General Motors discusses the recent rise in food prices and proves that ethanol is not the culprit. 

The report found that processes like marketing and packaging have a large impact on consumer food prices.  In addition, the report states that the price of gasoline has more than twice the impact on consumer food prices than does the price of grain.

Bob Dinneen, President of the Renewable Fuels Association (RFA), is featured in the video and provides an informational statement concerning the myth of ethanol’s involvement in rising food prices.

The video is available online at: http://media.medialink.com/WebNR.aspx?story=33662