According to a report I saw on CNN or was it BBC producing 1 liter of ethanol needs 1.5 liters of oil, so the story that ethanol will replace oil is just a fairy tale. It also increases mais prices for food purpose, on the plus side tho is that farmers now get a good price for the corn and don’t need to be subsidized by the government anymore …
Old news. It’s news again because US politicians need some different issues to lie about.