Well I don't know why the price has spiked that quickly, but the...

Well I don't know why the price has spiked that quickly, but the ethanol program around the world is increasing. The US are really pushing for it. I feel the big turning point for me was the State of the Nation speech by Bush.

I'm in the UK and ethanol isn't really making the news, it's more bio-diesel thats in the press. I guess in Europe they have more chance of success with bio-diesel through using animal fats and other oils.

I first picked this up in the middle of 03 and have been adding along the way. I was in the US at the time and I liked the story and still do. I must say, I'm not happy with the chance of more dilution.