Remember the ethanol bubble? Looks like it’s
The price of ethanol soared earlier this year to record levels of more than
$4 a gallon as the Bush Administration vowed to boost production of alternative
Ethanol prices have slumped in recent months, to less than $1.70 a gallon…
Construction on new ethanol plants is down more than 60% from last year.
Is there any hope that once corn farmers give up on their ethanol dreams, the
US government might start allowing the import of much cheaper sugar-cane ethanol
from Brazil? No? Didn’t think so.