What’s In Store For Ethanol Trade?

Law360, New York (September 24, 2009, 12:18 PM EDT) -- It was only last summer that ethanol was a central focus of news stories and debates in the halls of Washington. With gasoline prices hovering around $5 per gallon, ethanol was being hailed both as a savior and a curse. To its supporters, U.S. corn ethanol offered a viable alternative fuel source, while critics linked it to rising food prices.

In the fall of 2008, an impending ethanol trade war seemed inevitable. But by spring of 2009, those heady days seemed long gone as the recession...
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