Today's Article
Ethanol sells for
around 63 cents per
liter in Brazil,
compared to about
$1.07 for one liter of
gasoline.
around 63 cents per
liter in Brazil,
compared to about
$1.07 for one liter of
gasoline.
The American Spark
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Cheaper Ethanol Now Out-Sells Gasoline In Brazil
By Cliff Montgomery - Dec. 30th, 2008
This year ethanol sales have outpaced gasoline sales in Brazil, according to a Tuesday report from the nation's
National Petroleum Agency (ANP). The occurrence is a first for the South American country, a chief ethanol
producer.
The study only considered hydrated ethanol sales for automobiles--that is, purchases of a pure form of ethanol
which may be used in most Brazilian cars. It did not account for sales of anhydrous ethanol that is utilized to
blend with standard gasoline, stated the agency.
Hydrated ethanol sales reached 4.2 billion gallons (15.8 billion liters) through October. That is a staggering 44.9
percent increase from 2007, added the ANP.
Nearly 90 percent of Brazil's automobiles can use as a fuel either pure ethanol, pure gasoline or some mixture
of both.
Brazil is the world's top producer of sugar cane-based ethanol. Only the United States makes more ethanol;
but the U.S.-made fuel is derived from corn.
According to Agence France-Presse (AFP), a French wire service, ethanol is substantially cheaper than pure
gasoline in Brazil. Ethanol sells for around 63 cents per liter in U.S. dollars, compared to about $1.07 in U.S.
dollars for one liter of gasoline, states AFP.
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By Cliff Montgomery - Dec. 30th, 2008
This year ethanol sales have outpaced gasoline sales in Brazil, according to a Tuesday report from the nation's
National Petroleum Agency (ANP). The occurrence is a first for the South American country, a chief ethanol
producer.
The study only considered hydrated ethanol sales for automobiles--that is, purchases of a pure form of ethanol
which may be used in most Brazilian cars. It did not account for sales of anhydrous ethanol that is utilized to
blend with standard gasoline, stated the agency.
Hydrated ethanol sales reached 4.2 billion gallons (15.8 billion liters) through October. That is a staggering 44.9
percent increase from 2007, added the ANP.
Nearly 90 percent of Brazil's automobiles can use as a fuel either pure ethanol, pure gasoline or some mixture
of both.
Brazil is the world's top producer of sugar cane-based ethanol. Only the United States makes more ethanol;
but the U.S.-made fuel is derived from corn.
According to Agence France-Presse (AFP), a French wire service, ethanol is substantially cheaper than pure
gasoline in Brazil. Ethanol sells for around 63 cents per liter in U.S. dollars, compared to about $1.07 in U.S.
dollars for one liter of gasoline, states AFP.
Like what you're reading so far? Then why not order a full year (52 issues) of the The American Spark
e-newsletter for only $15? A major article covering an story not being told in the Corporate Press will be
delivered to your email every Monday morning for a full year, for less than 30 cents an issue. Order Now!
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