Sales of Alternative Fuel Autos Continue to Rise

Sales of Alternative Fuel Autos Continue to Rise August 28, 2006: Facing rising gas prices, Americans are buying more alternative fuel autos, including hybrids, diesel and ethanol- capable vehicles, according to automakers.
The ethanol industry has substantial room to grow. Ethanol now represents just 3% of the total annual gasoline supply in the United States. Roughly 30% of US gasoline contains some ethanol (Source: Congressional Research Service). The potential of E85 (85% ethanol, 15% gasoline), ethanol's share of gasoline supply could rise to as much as 10% of total annual US gasoline consumption merely by replacing MTBE. The Energy Information Administration reported US motor gasoline consumption in 2005 as just under 140 billion gallons.
To Find an E85 Fueling Station Near You LOOK HERE.
Source: National Ethanol Vehicle Coalition
General Motors will produce 400,000 E85 vehicles in 2006. (Photo courtesy of General Motors Corporation) Automakers will produce about 700,000 E85 vehicles in 20 different makes and models for the 2006 model year.
The 2005 Renewable Fuels Standard Act mandates that ethanol production double by 2012 to 7.5 billion gallons, which is estimated to reduce the U.S.'s oil consumption by 80,000 barrels per day. (Source Edmunds.com)


Link to: http://www.usaalternativeenergynow.blogspot.com/