Stratos Renewables Corp. (SRNW.OB) Takes Part in Global Sweep for Ethanol Demand
According to a recent article on E85.whipnet.net, Peru’s governor, Cesar Trelles, predicts that northwest Peru will someday produce 400 million gallons of ethanol each year. While this represents only 7 percent of the ethanol sold in America in 2006, the demand for ethanol as an alternative fuel source is rising, growing 30 percent in 2006 and still climbing. Peru’s favorable weather conditions allow for more ethanol production, and evolving environmental laws are also boosting supply. Many U.S. states require a blend of ethanol and gasoline; and many automakers are hinting that more vehicles in the near future will run on…