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Beyond high gas prices, why is everyone talking about ethanol?

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Beyond high gas prices, why is everyone talking about ethanol?

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It’s becoming an increasingly important part of the fuel supply, and has the potential to become still more crucial. President George W. Bush and members of Congress have expressed support for ethanol use. And this spring, refiners in parts of Texas and the Northeast have been replacing a gasoline additive called MTBE (for methyl tertiary-butyl ether) with ethanol. MTBE, a chemical used to oxygenate fuel, can contaminate drinking water. And Ethanol which does not present the same danger, can serve the same purpose in fuel. That’s not all. The 2005 energy bill requires that the U.S. boost its ethanol production to 7.5 billion gallons by 2012, up from about 4 billion in 2005. This sounds like a whole lot of ethanol, but bear in mind, last year the U.S. slurped up almost 140 billion gallons of gas. Are there any problems with ethanol? Oh, yes. Ethanol can’t travel in pipelines along with gasoline, because it picks up excess water and impurities. As a result, ethanol needs to be transporte

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