Business: Gasohol Power

Putting corn in the tank

It looked like a practical, patriotic and eminently political solution to the problem of what to do with the grain that Jimmy Carter embargoed. Some of it, pledged the President, would be used for a "massive increase" in domestic production of gasohol. A federally supported program would provide something for almost everyone: more customers for farmers, more fuel for motorists and more protection for the nation from OPEC'S oil price increases and supply cuts. But, when the Administration plan to boost the gasoline stretcher was unveiled last week,...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!