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So how's that Ethanol Economy thing coming along?

May 22, 2009

Times continue to be tough for the ethanol industry. Gasoline demand continues to fall and corn prices remain relatively high. In April, Aventine Renewable Energy Holdings, an Illinois-based ethanol producer, filed for Chapter 11 (reorganization) bankruptcy, and the largest West Coast ethanol producer, Pacific Ethanol, Inc., filed Chapter 11 on May 18.

Des Moines Register: Iowa farm values drop another 7%

Oh, and Ethanol Bankruptcies Continue Apace.

It's an economic development bonanza!