An Unlikely Mix Of Oil And Ethanol

KELOLand TV (Sioux Falls, S.D.)
02/13/2009

It's been touted as the alternative to oil, but after the country's largest ethanol producer went bankrupt America's biggest oil refiner is looking to invest in the renewable fuel.

VeraSun announced this week that Valero Energy of San Antonio Texas is interested in buying five of the company's ethanol plants.

"I know everyone would be nervous about big oil showing up in South Dakota and owning a plant over at Aurora," University of South Dakota Professor Emeritus of Economics Dennis Johnson said.

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