01 March 2007 01:17 [Source: ICIS news]
HOUSTON (ICIS news)--The head of the US Energy Information Agency (EIA) said on Wednesday that fuel ethanol production by 2017 will fall short of what President George Bush has said is needed to help reduce US oil imports, Reuters reported.
EIA head Guy Caruso said Bush’s goal for the ?xml:namespace>
Other EIA officials indicated last week they expect ethanol output to be only about 11.5bn gal by 2017, according to Reuters.
Bush’s goal was pinned on hopes that technology will be developed to reduce the cost of making cellulosic ethanol.
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