Biodiesel and Ethanol Investing

Reuters reports that the U.S. ethanol industry is on track to win approval for higher allowable blend rates that could eventually help it sell billions of gallons more of the fuel a year. The U.S. government has hinted it may approve higher ethanol blends in gasoline as soon as mid next year. The Environmental Protection Agency said that cars built since 2001 will “likely” be able to burn fuel blends of up to 15% ethanol. The current allowed level of ethanol in regular gasoline for all cars is 10%.