Whatever you may say about the macroeconomics of ethanol, and whether or not government encouragement of ethanol leads to poverty via rising food prices as agricultural operations quit growing food, you do have to admit that ethanol can make a difference in a microeconomic sense.
When I rode the train out East and back, I passed through the San Bernardino-Rialto-Colton area. Because of the Cajon pass, the area is a hub of sorts for moving all sorts of things. Now, it's a hub for ethanol also:
Officials of U.S. Development Group LLC, involved nationwide in the handling and distribution of ethanol, said construction has started on the first phase in Rialto, consisting of a pipeline transfer system that will begin receiving and off-loading fuel from railcars this fall.
[1:35 PM - SEE ANOTHER ETHANOL STORY IN MY EMPOPRISE-BI BUSINESS BLOG.]
