Thursday, May 25, 2006
Oil & Gas - and Ethanol
One thing for sure: There's money to be made...
In Business Week, Alex Halperin tells us all about ethanol:
"With high gas prices making alternative fuels increasingly attractive, no alternative fuel has received as much attention as ethanol. Some hail the fuel, which can be derived from plants including corn, wheat, barley and sugarcane, as a savior of American energy policy, while others see it as a fad popularized by its heavily subsidized corporate backers."
"The reality is complex. Though still a tiny industry compared to gas, ethanol could become a more prominent part of the U.S. and world fuel supply in coming years."
"Still, as ethanol's public profile rises, there's plenty of misinformation swirling around and a host of questions. What exactly is ethanol? How is it made and used? And is it really a viable alternative to gas? Here's what you need to know now."
