Ethanol Stocks Raging
PEIX BIOF
1. US has the largest agricultural land in the world and it's the highest grain producer in the world.
2. Third world country like India is in the ugliest shape considering its population. India is one third of USA in land size and India's agricultural land is shrinking too fast due to gigantic population and economic development. Oil is too expensive for Indians and India almost has no oil. Any cheap alternative energy will be a boon to India.
3. China's agricultural lands also lot less and population is gigantic.
Due to those constraints, India and China won't be able to produce large amount of Ethanol, however their demand for energy will be as high as Mt Everest and Oil will be more expensive day by day.
US has a massive advantage here. Using its vast agricultural land, high agricultural yield, it could set up a gigantic Ethanol industry to satisfy its domestic need as well as global demand. It will reduce foreign oil dependency, save and earn trillions of dollar and create large number of jobs.
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