Midwest is key player for Biofuels industry

Midwest is key player for Biofuels industry | WTN:
by Michael Rosen -- Wisconson Technology Network -- 11/28/2005
"Traditionally, some of the arguments against biofuels have been:
? The cost of creating theses fuels is much higher than traditional petroleum exploration, production and refining.
? More energy is needed to create a BTU of biofuel than biofuel itself produces.

However, these arguments have fallen by the wayside due to:
? The impact of biotechnology on crop yield productivity
? Improved biomass refinery methods
? The significant increase in the price of oil
? The continued rise in oil needs in the U.S. and the reliance on oil imports particularly from countries at odds with the U.S. (Venezuela, Iran, etc.)"