Profiting in BIOFUELS - STOCKS | The long-term run-up in energy prices, combined with Uncle Sam's push on behalf of ethanol, is helping this crop of companies

摘要

THE ETHANOL boom may defy economic logic and could easily drive up food prices. It certainly depends on the generosity of taxpayers, but it makes eminent political sense in Washington, D.C. With a rallying cry of "Money to the Midwest, not the Middle East," politicians say they are addressing our addiction to foreign oil by promoting the use of two crops in abundant supply in the U.S.: corn, which is used to make ethanol, and soybeans, which are used to make biodiesel fuel.