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With all of the current environmental concerns and problems, consumers are asking for more environmentally friendly fuels and less dependency on foreign oils. These demands are driving Ethanol production to record numbers and are doing so at an amazingly fast pace. In 2005 the total amount of ethanol produced was about 3...
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Today's market production is up around 8 billion gallons per year, which is still only approximately 5% of the total US yearly fuel consumption (Omaha World Herald). The latest trends indicate that the demand for Ethanol will most likely go up, what are the future predictions for the ethanol market? Is just 5% of the total amount of US fuel consumption coming from a renewable energy source an acceptable amount? Is this 5% enough to end dependency of foreign oils and save the planet?
In the ever growing renewable energy market, people are looking for products like ethanol that are "environmentally friendly " There are advantages to ethanol, it is indeed a renewable energy source, it does burn cleaner than gasoline...
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