Food vs. Fuel? New Oil-Extraction Technology Offers Both

from Toronto Globe and Mail:
IAN HARVEY
Special to The Globe and Mail
October 30, 2007

In the "food vs. fuel" debate about global crop usage, fuel may be winning.

Millions of bushels of corn are being diverted to ethanol production as gas-hungry countries scramble to offset the soaring cost of crude oil. As a result, grain and food prices are rising - a sign that quenching our thirst for fuel may spur hunger pangs along the way.

Chris Carl, founder and president of Toronto-based Bio-Extraction Inc. (BioExx), believes his company has a solution: A proprietary oil-extraction process that could hold the key to maintaining the balance between food and fuel needs.

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