[svandamme]

in case you don't watch the news : food prices are also up
bio fuel comes from crops, every field planted for biofuel, raises the food price because it takes away from food production..

biofuel is a very nice way to transfer the fuel pain over to the food market
and since folks still have to eat first before they can drive, at best what you get is a rising value of anything produced by farmers ( even more then just the increased overhead for farmers, who need fuel to do what they do)