What does the future hold for ethanol?
A. Ethanol’s future is bright, as the nation looks to replace foreign oil in a highly-charged energy market. A nationwide Renewable Fuels Standard was passed in late 2005 mandating that the nation reach a level of using 7 billion gallons of renewable fuels by 2012, with more legislation now being proposed to boost that requirement to 12 billion gallons by 2012.