Ethanol: A Risky Business

Washington seems poised to help producers of the alternative fuel prosper, but risks from commodity prices to politics leave investors leery

In his State of the Union address, President Bush pleased some audience members by proposing to radically increase the amount of alternative fuel usage. Corn Belt congressional folks beamed and cheered their approval. So did their constituents, producers of ethanol, the biofuel expected to fill most of the gap created by lower gasoline consumption.

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