Will Bush Really Boost Ethanol?
by Telis Demos

(FORTUNE Magazine) - When President Bush unveils his energy budget later this month, he'll have a chance to put some money where his mouth is. Even as Bush extolled the virtues of ethanol in his State of the Union, the National Renewable Energy Laboratory--home to key research that might make ethanol much cheaper--was preparing to cut jobs and tear up contracts. That's partly because Congress earmarked 15% of the lab's budget for unrelated pet projects. But the President's original budget also fell short of full funding. "We're going to have to increase," says Brent Erickson of the Biotechnology Industry Organization. Top of page

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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.