GM Supports Ethanol Use in U.S.

September 10, 2003
Filed under Trailer News

General Motors is fulfilling the promise of supporting ethanol use in the United States.
The company was represented at the opening of Wisconsin’s 17th service station in
Janesville this summer, together with those of the National Ethanol Vehicle Coalition
(NEVC). With six Midwestern states working hard to expand the outlet network, at the
current pace, the United States may become the world’s biggest ethanol producer in a few
years. But Brazil, the current leader with 3.6 billion U.S. gallons of ethanol per year,
may trigger a reaction soon. The Country’s National Bank for Economic Development announced
on August 25 that resources are at hand for doubling ethanol production. Brazil obtains
ethanol from sugar cane at an average price of 40 percent less than that of gasoline, and
with no subsides at all. In the United States, ethanol is obtained from corn crop at much
higher prices.

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