Thursday, October 06, 2005

Katrina May Boost Efforts to Produce Ethanol From US Sugarcane

IATP | AgObservatory:
Sept 22, 2005
"Brazil has the potential to boost U.S. ethanol supply with its lower priced, sugar-based product. Sources say several ships carrying Brazilian ethanol are bound for the U.S. Still, the high price of ethanol, driven by increased demand, could hasten domestic production of sugar-based ethanol with Hawaii leading the way.
Louisiana, Texas and Florida may not be as capable due to hurricane devastation to begin production as readily as Hawaii. This being the case, Hawaii will likely be the most aggressive in pursuing the funds, given its historically high fuel prices and long history of sugarcane production."

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