I'm not sure who's responsible, but there is some incorrect information in the original post vis-a-vis the original songs.
"I Am the Way" is Louson Wainwright III's parody of Woody Guthrie's "New York Town."
Woody wrote: "I was standing down in New York town one day, singing hey hey hey hey."
Loudon wrote: "I was standing down in Jerusalem town one day, singing I am the way."
The publishing rights on Loudon's song is shared by his publisher (Snowden Music) and Woody's (Ludlow).
BTW, Woody's melody for "New York Town" was adapted from Blind Lemon Jefferson's "One Dime Blues." Woody was adapting melodies for his songs 20 years before Dylan.