I'm glad I'm not the only person who thinks ethanol made from corn is a disaster waiting to happen. In the production of ethanol from corn it takes 1 unit of petroleum to make only 1.5 units of ethanol. Plus it takes thousands of gallons of water, when a facility is in the planning stage that is one of the biggest factors determining the plants location, how much ground water they can get. Now they are talking of making ethanol from corn field "trash". I've heard that this type of cellulosic ethanol will actually take $70 per acre of fertilizer off of the field that the producer will have to reapply with petroleum based fertilizers in the spring.
I just heard this morning on the radio on the way to work that Vera Sun, based in Brookings, SD, is rumored to be talking of filing Chapter 11 bankruptcy. Is this the beginning of the end?