Tritent International Corp (TICJ): GM CEO: U.S. Needs 10 Times More Ethanol...

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Re: Dick_Tator post# 186

Friday, 01/25/2008 2:14:27 PM

Friday, January 25, 2008 2:14:27 PM

GM CEO: U.S. Needs 10 Times More Ethanol Stations

- Source: AP, January 8, 2008

GM CEO Rick Wagoner, in a meeting with reporters at the Consumer Electronics Show taking place in Las Vegas this week, says he has received hundreds of e-mails from customers who have bought such cars and are frustrated they can't find ethanol stations.

When GM started selling its flex-fuel cars, there were about 600 stations that sold ethanol in the U.S. Now there are about 1,400 stations.

But there are 170,000 filling stations in the country. The U.S. probably needs around 15,000 to 20,000 ethanol stations, he added.

To this end, GM has been working with big box retailers like Wal-Mart and Target to put ethanol pumps in.

"It has been remarkably difficult" to get pumps installed, he said. "We've been doing more work than I thought we would need to."

Corn ethanol also won't cut it for the long haul, if ethanol demand grows significantly. "To get beyond a certain level, it is going to have to go beyond grain-based in the U.S.," he said. The alternative could well be cellulosic ethanol.

General Motors is a member of the NEVC and holds a seat on the Board of Directors.

http://www.e85fuel.com/news/012308fyi.htm

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