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Suhit Anantula

"As corn becomes an increasingly important source of fuel for America, it opens itself up the mercy of the weather. "The floods (through the Midwest) have helped send the price of ethanol up 19 percent in a month. They appear to have had little effect on - 0 views

  • As biofuels soar in popularity, the cost of filling Americans’ gas tanks could be influenced as much by hail in Iowa as by the bombing of an oil pipeline in Nigeria. - Inspired by Jad Mouawad, The New York Times
Suhit Anantula

Bad ethanol economics - How the World Works - Salon.com - 0 views

  • Two news items from Reuters: Total U.S. ethanol capacity will hit 9.25 billion gallons in 2008. Six new ethanol plants opened this month alone. "About a dozen" biofuel plants have filed for bankruptcy, victims of high prices for corn and soybeans.
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