Bush backs ethanol despite concern about food costs

International Herald & Tribune
By Russell Blinch
Reuters
Published: April 29, 2008

WASHINGTON: President George W. Bush said on Tuesday he is deeply concerned about high food prices but believes ethanol production is responsible for only a small part of food inflation.

"In terms of the international situation, we are deeply concerned about food prices here at home, and we're deeply concerned about people who don't have food abroad," Bush told a news conference.

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