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The success of cellulosic ethanol could vary widely depending on the price of oil.
Posted: September 4, 2007 - 9:00 am (EST)
Note: These projections assume that cellulosic-ethanol companies will achieve costs that are 20 percent lower than gasoline and that 80 percent of new passenger cars can run on 85-percent blend of ethanol.
Source: Annual Energy Outlook 2007, U.S. Department of Energy