Archive for July, 2007
Gas Prices Hurting Small Businesses
Inc: A majority of small businesses are struggling with high gas prices, according to a new survey. An online poll by the National Association for the Self-Employed found 74% of owners said high gas prices were significantly or moderately hurting their businesses, while 44 percent said they have raised... More
Brazil Shoulders Ethanol Demand Growth
The Moscow Times: Melquiades Soares, with a sixth-grade education, became a cane cutter in Brazil’s center-south at age 16, following in the footsteps of his mother, a 40-year veteran of Sao Paulo’s cane fields. Cane cutting, an exhausting job once done by slaves, has been among the only... More
Beer Prices, Ethanol, And Unintended Consequences
Increased corn use puts a squeeze on other crops, opportunity cost and unintended consequences. Beer Prices Come To A Head; Ethanol Blamed – News Story – WGAL Lancaster: It’s the latest example of the trickle-down economics of ethanol — beer is getting more expensive. Compared... More
Brazil Ethanol Industry Goes Green For The Money
Reuters: Brazil’s ethanol industry is cutting out the dirty habits that contribute to global warming and environmental degradation. But it’s not just a noble effort — it makes good financial sense, too. Billionaire George Soros, who is investing hundreds of millions of dollars in Brazilian... More
Brazil Ramps Up Ethanol Expansion To 89 New Mills
Cattle Network: Brazil, the world’s leading ethanol exporter, is set to invest 25 billion Brazilian reals ($13.1 billion) in 89 new sugar and ethanol mills between 2007 and 2011, according to the latest study conducted by the state-owned development bank BNDES. The study demonstrates an acceleration... More
Pacific Ethanol Stock Jumps
BizJournals: Shares of Pacific Ethanol Inc. increased almost 10 percent in midday trading Thursday, before giving back some of the gain. The Sacramento-based company, an ethanol producer and marketer, did not issue a news release Thursday. However, the company was mentioned in a CNNMoney.com story about... More
