While I've been sure it would happen, this is sooner than I thought.
I was guessing a couple years out ...
Bottom line - no interest in Ethanol, at least from corn.
Ethanol’s Boom Stalling as Glut Depresses Price - New York Times:
"“The end of the ethanol boom is possibly in sight and may already be here,” said Neil E. Harl, an economics professor emeritus at Iowa State University who lectures on ethanol and is a consultant for producers. “This is a dangerous time for people who are making investments.”
While generous government support is expected to keep the output of ethanol fuel growing, the poorly planned overexpansion of the industry raises questions about its ability to fulfill the hopes of President Bush and other policy makers to serve as a serious antidote to the nation’s heavy reliance on foreign oil."
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