Wednesday, January 17, 2007

Bush Expected to Push for More Ethanol

In his State of the Union address scheduled for January 23rd, President Bush is "likely to call for a massive increase in US ethanol usage," according to the New York Times. How massive? According to the New York Times' source, "I think it's going to be a big number. It's in the ballpark of even above 60 billion (gallons) by 2030."

Merely 4.9 billion gallons of ethanol were produced last year, and just 3.9 billion the year before last, according to the Cattlemen Network. Thus, ethanol production may increase over twelve-fold in less than twenty-five years.

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