Farm Energy Breaking News

Recent flooding in the nation's corn belt has driven ethanol prices up this past month. The New York Times reports that this has had little effect on fuel prices at the pump, because ethanol makes up such a small component of the fuel market. However, as biofuels claim a larger share of the market in coming years, the country's fuel supply may be increasingly at risk of reduction from weather events. Ethanol advocates say that transitioning to cellulosic, rather than corn, ethanol will reduce this risk, and note that conventional petroleum supplies are subject to weather disruption, as well.