The Obama administration intends to increase the amount of ethanol in gasoline from 10 percent to 15 percent.
Ethanol is made from corn and there is a worldwide shortage of food. There are now seven billion people on the planet earth and by 2050 there will be 10 billion people.
It is more important to feed people than it is to produce motor fuel. If the Obama administration would issue mining and drilling permits and a permit for the XL pipeline, we could cut the cost of gasoline.
As a petroleum investor, Obama's policies may make me more money, but they hurt the American people.
Lawrence B. Lyons Jr.