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1 Comment
Are We at the Bottom of the Ethanol Barrel? [view article]
Hey "Piggybank", how in the world did you come up with that statement: "Brazil, one of the leading ethanol producers, sees the percentage of replaced fuels by ethanol at a measle 5% in 2020 ... if they can reach it"That's simply not true! I'm from Brazil and more than half of all cars today are flex fuel (FFV) and the vast majority of FFV car owners uses etanol, not gasoline, because it's about half price of gasoline. In fact, most gas stations there have more ethanol than gasoline pumps. Brazil is actually an example where a nation can become 100% independent of foreign oil nad they are. They don't care about the rising oil prices (which is just warming up believe or not). In fact, Brazil's economy and stock market has gwown to a record high in the past months despite of the global economic crisis driven by the US economic decline. Etanol is the solution for energy independecy (resources are endless). May 21 10:53 PM