Bob Daly

Beware of the Allure of Ethanol Investing

When you see the vast expanses of viable farm land available in the United States you realize that producing ethanol for fuel is a no brainer. We have always been the greatest agro nation in the world. If Brazil can do it with limited space, mostly jungle, so can we.

Forgetting the cost of fuel going down for a moment and consider what raising corn, soy, and other ethanol products would do for our nation. Jobs! Farms would need tractors, harvestors, etc. This equipment would need tires, brakes, discs, etc. Then there is a need for transportation. That means more trucks and drivers. Also pipelines which would need pipes, welders, etc. So the chain goes on while we build our economy and do away with foreign oil.
A two fold win for the US....thats us!