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Assessing Investment in Ethanol Stocks

Wired Magazine writes:
As the demand for gasoline rises, pushing up pump prices and spreading smog, the ancient corn plant is generating a high-octane buzz among investors optimistic about the grain's potential as fuel.

Across the Midwest, farmers are building facilities to turn corn into clean-burning ethanol fuel. Bill Gates recently bought a quarter of California renewable-fuel producer Pacific Ethanol. And two weeks ago, two ethanol companies sparked life into the market for initial stock offerings by filing to go public.
It's an an interesting read for would-be investors, and also interesting in that Michigan, which has been trying to make a splash in the ethanol production industry, failed to get a mention.

Read Ethanol Stocks: Harvesting Risk in Wired

Posted/updated Apr 19, 2006
by Andrew McFarlane (Absolute Michigan)

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