Stormy:
It is a lousy fuel. It takes more energy to produce then it will expend. It costs the taxpayer 55 cents a mixed gallon and it still can't compete. The farmers love it. They pay $10,000 per share for the company and usually buy several shares. This ownership gives them a guarantee of a locked in high price for their corn and other alcohol producing crops. This in turn has caused the companies to declare bankruptcies in a down market that we are now in. The largest 2 producers along with about 9 smaller producers are here in South Dakota. The farmers are having another Bumper crop year, but require higher prices as the fuel costs and petroleum based fertilizers, insect sprays, etc have taken a helluva a toll. A friend of mine borrowed over $800,000 in a production loan this year. That is getting real common. many have borrowed several $million to install windfarms. One super windmill costs about $1.8 million and is projected to recover its investment plus profit in 7 years. I believe Hell will freeze over first.