<DrumBeat: November 4, 2007 The Oil Drum Six steps to “getting” the global ecological crisis>

89 comments on Peak oil coverage on CNBC

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Cherenkov on November 4, 2007 - 11:16am Permalink | Subthread | Parent | Comments top

No, practical, corn is not six cents per cup.

There are 128 cups per bushel.

Corn, according to Friday's close, is 3.77$ per bushel.

3.77 divided by 128 equals .029453125. Let's call it 3 cents per cup. I would say that that is substantially less six cents.

If you remember correctly, he said that nothing "worthwhile" is priced less than fifteen cents a cup.

While food seems very "worthwhile" to me, others apparently find that not to be the case.

http://www.populistamerica.com/stop_calling_me_a_doomer

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Jaymax on November 4, 2007 - 1:25pm Permalink | Subthread | Parent | Comments top

If you ground that corn up and packed it into a cup to remove most of the air volume, does it make a difference?

:-)
--
Jaymax (cornucomer-doomopian)

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89 comments on Peak oil coverage on CNBC

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