July 7 -- As Americans hop in their cars this summer, gasoline prices are at a six-year high. Thanks to surging demand and continued turmoil in Iraq, gas is quickly approaching $4 per gallon.
With prices rising so fast, there’s never been a more important time for America to invest in alternative sources of energy. The longer we’re dependent on oil, the longer we’re at the mercy of foreign political turmoil.
One of the most promising alternative energy sources is ethanol, a renewable fuel derived from common agricultural goods like corn, woodchips, and grasses. Ramping up America’s ethanol production would drive down demand for oil and wean this country off the volatility and sudden price swings that come along with it. >>View Article