I’ve written a lot about ethanol for our fuel supply- both good and bad. (Ethanol as fuel stock and how the business case is provided, among others- check for ‘ethanol’ in the search at the right.) And, now that fuel demand is down, it’s not surprising that the stipulation that gasoline be augmented by ethanol is creating lots of problems. (For example, ethanol production is about 13.2 billion gallons- which is about 10% of the US petroleum production. With the drought, and the requirement that 14 billion gallons be combined this year, and lower gasoline demand, something has got to give.) So, it’s not surprising that the ethanol producers are looking at other things into which they can convert their corn, to insure the high returns (i.e., prices) they yield.
Continue reading It’s way more than popcorn!
