Friday, June 02, 2006

Wal-Mart May Enter Ethanol Fuel Industry

quote[A spokesman for Wal-Mart said that the world's largest retailer may offer ethanol made from corn at its 383 U.S. gas stations but isn't ready yet to make any announcements in the field.

Amid the soaring gas prices the retailers' possibility to pump bio-ethanol is seen as a boost to the growing fuel industry.

According to a report by the Associated Press, the world's largest corporation brought together a group of industry, government and academic experts on alternative fuels in Washington last week to discuss how Wal-Mart could develop a network for supplying gas stations at its stores and Sam's Clubs with E-85 fuel.]


Trust me, I'm as anti-Wal Mart as you can get. But this is still good news.

(Even if they are only doing it to bow to market concerns, not because it's the right thing to do).

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