Ethanol can be even more efficient than gasoline with the right engine, and Saab has the engine. According to Mobile Magazine, the 9-5 2.3t BioPower engine runs better on E85 than it does on regular gasoline – 210 bhp compared to 185 bhp. Earlier stories about the BioPower engine, such as this one in Popular Science, say it’s 184 horsepower …

Hawkeye Holdings, the holding company that owns Hawkeye Renewables of Iowa Falls, IA may raise up to $350 million in an initial public offering, according to a Securities and Exchange Commission filing. The company’s prospectus says it is the third largest U.S. ethanol producer based on its 205 million gallons per year production capacity. Read the AP story.

The Renewable Fuels Association today opened trading on the NASDAQ stock exchange at its Marketsite in Times Square. RFA President and CEO Bob Dinneen (pictured with William O’Brien, NASDAQ senior VP) says he was honored to represent the U.S. ethanol industry during the opening bell ceremony. “Ethanol’s growing importance is being felt on Main Streets and more increasingly on Wall …

I meant to post this yesterday but just forgot in all the excitement. A question came to mind after seeing the massive alcohol consumption going on Friday:

On race day which consumes more ethanol, the fans or the cars?