"A gallon of ethanol produces 10 percent less British thermal units than a gallon of biodiesel. The cost of ethanol production is $1.10 per bushel of that, 72 cents is energy costs. Of that, 42 cents is the cost of drying the grain by-product. Those costs are continuing to shrink."
the ethonal market is still learning and growing....it has pitfalls...and like any market it is better to be at the beginning then at the end.....in that the article makes a very valid point....
I would rather our goverment invest in ethonal then Iranian oil....
Had the investment not been made, and the results seen today the biodiesel would have been discounted before it was ever started.....
Like any investment a person should look at the negative side "more" then the positive rosy outlook presented by the salesman.
Hopefully wise investments will fuel these new markets.....because poor investments will sour future investments in alternative fuel sources.