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![]() Join Date: Oct 2006
Posts: 1,619
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Forbes Investing Ideas
Energy Investing Ethanol Gusher! Jessica Holzer, 10.09.06, 6:00 AM ET Washington, D.C. - High oil prices, a heavy dose of government largesse and the gathering interest among consumers and politicians in weaning America from its petroleum habit have combined to set off a craze for ethanol among investors--from Bill Gates and Richard Branson on down. Ethanol plants are sprouting all over the Midwest. And investors and policy wonks alike are trumpeting the corn-based fuel as the solution to climate change and America's dependence on Mideast oil. Private equity investment in biofuels topped $1 billion in 2005, up from negligible amounts only two years ago, according to New Energy Finance, a renewable energy research firm. So far, ethanol is paying off handsomely, especially for those who got in early: Last year, the return on investment in the fuel surpassed 50%. complete article here... The Prudent Speculator -- Ranked #1 by Hulbert...Click Here! __________________ Instant analysis of any stock symbol. (absolutely free) Check your inbox immediately for results
Last edited by Thierry Martin; 10-09-2006 at 01:14 PM. |
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