WASHINGTON, June 23 (UPI) -- Flooding the in U.S. Midwest has spurred new questions about the use of corn-based biofuels in a time of rising crop prices.
New federal energy regulations call for increased production of ethanol in an effort to limit dependence on foreign oil. But already the rise in corn prices, with final damages from flooding still to be assessed, has created a backlash against biofuels, The Detroit News reported Monday.