I know we’re all about “domestic” fuel here so all I’m trying to do is show you that this is big time stuff. I think the regular media sometimes tries to make people think this ethanol thing is just something dreamed up by a bunch of corn farmers. Not!
Growth In Ethanol Demand In India
It isn’t just the United States that’s in on the ethanol growth wave. According to a story in the Mumbai, India, Financial Express, “India’s demand of alcohol for blending and other purposes is expected to reach 2,300 million litres by 2009-10 at 5% blending level.” That’s about 608 million gallons if I did my math right. (1 litres = 0.264172051 US gallons)