[stevem]

and some analysts openly talked about it hitting the once-unthinkable mark of $3 a gallon, possibly by late this year.

This I doubt, but at least gasahol will now be a stabilizing product rather than one that drives up the price of transportation.

[from occupied ga]

This I doubt, but at least gasahol will now be a stabilizing product rather than one that drives up the price of transportation.

Not true. Since alcohol production always uses more fossil fuel (diesel) energy than you get back from the alcohol, then there will never be a price point where alcohol will cost less. see See Pimentel