A First: More Ethanol Sold than Gas in Brazil

Brazil’s National Petroleum Agency reported this week that ethanol sales topped gas sales for the first time ever last year. The record reflects a major upswell in ethanol sales in Brazil over the past year, up 44.9 % over 2007.

Cane ethanol sells for half the price of fossil fuel gasoline in Brazil, giving drivers ample incentive to fuel up with the domestically produced cane ethanol. Currently, Brazilians pay around US$2.38/gallon at the pump for ethanol compared with US$4.05 for gasoline.
EcoWorldly