« Ormat Technologies Signs Contract to Supply a Bottoming Cycle Power Unit to Geothermal Power Project in the Western Part of the United States | Main | Plug Power to Receive $217 Million Cash Investment From Interros and Norilsk Nickel »


       

Ethanol Producers Climb to New Highs

Shares of ethanol producers extended their recent rally Monday, as oil refiners continued their rush to substitute ethanol for a toxic gasoline additive before the summer driving season shifts into gear.

The enthusiasm for ethanol is tied to the fate of methyl tertiary butyl ether (MTBE), an additive mixed into gasoline to reduce pollution. However, studies have found that MTBE to be carcinogenic if it seeps into a water source.

States are increasingly banning MBTE due to contamination concerns. Companies wishing to comply with new laws -- and worried about the potential for legal liability -- are turning to ethanol as a replacement for the additive. [ more ]



was posted on AltEnergyStocks.com.


       

advertise here


Oil and Gas





Comments

Remember, MBTE was created by the Ethyl Corporation in Richmond, VA. I think they are called Afton Chemical now. Ethyl used NAFTA to try to sue Canada for not accepting MBTE.

Gottwald should be held accountable for this.

Featured Companies











Oil and Gas


Search This Site


Subscribe to this Blog

Enter your email address:

Delivered by FeedBurner


Subscribe by RSS Feed



Twitter Headlines

Certifications and Site Mentions


New York Times

Wall Street Journal





USA Today

Forbes

The Scientist

USA Today

Seeking Alpha Certified

Twitter Updates