Replies to post #11231 on U.S Fuel Corp. (fka USFF)

[Jeff2Earth]

You may be right on that. Anyone who has projects concerning ethanol may have gotten a letter, don't know..

Here's an interesting tidbit on the funding of the six so far..

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"Of course, none of the companies actually have the money yet, Mr. Passmore said. Winning the grant is a first step; then companies must negotiate for the actual amounts they will get, pass those proposals through Congress, and seek additional financing for the rest of the money needed to build the plants.

Still, grants are especially important to the capital-intensive biofuels industry (also see Imperium Raises $214M), said Range Fuels CEO Mitch Mandich, adding his company expects to break ground in the next few months.


“I see this as a pretty aggressive step on the part of the DOE to really help launch new technologies,” he said.
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http://www.redherring.com/Article.aspx?a=21474&hed=Energy+Dept.+Pumps+%24385M+in+Ethanol&sec...