View Full Version : Oh No, the Brazilians are coming (with an eye dropper)

22nd January 2008, 01:01 AM
(automatically updated/inserted from The Big Biofuels Blog)

Oh no, the Brazilains are coming, and they're going to inundate the US with 700m gal of ethanol (http://www.icis.com/Articles/2008/01/18/9094209/brazil-to-inundate-us-with-cbi-ethanol-in-2009.html) in 2008, according to my pal William Lemos, reporting for ICIS news in Houston. (Disclosure: I work for ICIS. About ICIS (http://www.icis.com/StaticPages/AboutUs.htm)) The sneaky Brazilians are going to do it by importing via Caribbean countries so the imports will be free of the 54cent/gal tariff that they would attract if they came directly from Sao Paulo. Lets get this in perspective: in 2006, the US used 179 100million gallons of gas in 2005 (http://www.bts.gov/publications/national_transportation_statistics/html/table_04_09.html). This will be coming in at the margin, but it is unlikely to destabilise the US corn-based, subsidy-driven ethanol market which produced around 5000 m gallons of ethanol in 2006 (http://www.ethanolrfa.org/industry/statistics/#A), any more than the rising price of corn. http://www.icis.com/Articles/2008/01/18/9094209/brazil-to-inundate-us-with-cbi-ethanol-in-2009.html

More (from The Big Biofuels Blog)... (http://www.icis.com/blogs/biofuels/archives/2008/01/httpwwwiciscomarticles20080118.html)