Despite bankruptcies and attacks by environmentalists, the outlook for ethanol is improving, according to the chairman of USDA’s World Agricultural Outlook Board.
USDA’s February corn outlook says ethanol blender and producer margins have recently improved and weekly production of gasoline blends with ethanol is on the rise.
“We’ve seen relatively lower corn prices as of late and even producers now are going to go back in the black as opposed to being in the red before,” Outlook Board Chairman Gerald Bange said. “Whereas just a few weeks ago there was no real incentive to produce ethanol using either corn or sorghum, what we’re seeing now is somewhat positive returns for the production of ethanol. So things are looking a little bit better in the ethanol industry.”
Bange says the current blending credit is sufficient to provide a positive margin for blending as well.



“Our silicon panel is so transparent that you can put it on your window,” said Yonggang Huang, an engineering professor at Northwestern.
Congress has passed the nearly $800 billion economic stimulus package, and alternative fuels and energy saving measures will get nearly $62 billion in spending and another $20 billion in tax credits and bond provisions from the measure that Pres. Obama has promised to sign on Monday.
Sen. Bill Stouffer (R-Napton) has once again introduced the measure… and once again, it has passed the Senate Ag Committee. Stouffer has sponsored similar measures in the past but has been unable to get final passage:
Renewable energy could get a share of the nearly $800 billion in the compromise version of the U.S. House and Senate’s economic stimulus bills.

This week at the Chicago Auto Show, a wide array of vehicles are being displayed; many of which are alternative fuel vehicles. Even though the price of gasoline is much lower than in past months, the CAFE rule that mandates auto manufactures average 35 mpg for their fleet of vehicles still applies, meaning more vehicles are being offered with an alternative fuel-capable engine. 
“These environmental groups are stirring up fear for the American public at a time when Americans are already struggling due to the faltering world economy, job losses and high costs of food brought on by some food companies’ record profits and greed,” said