In an interview with Fortune magazine during the peak of ethanol optimism in early 2006, Branson said industry profit margins were running at about 30 percent. â??Fuel is a necessity and it should be a good industry,â?? he said.
Since then, corn has roughly doubled in price and the margins arenâ??t so good.
What does Bransonâ??s exit tell you? And what does the future hold for ethanol?