Diesel dip in price not fueling trucking recovery
Hampered much of the year by high fuel prices, trucking companies still may be in for a long haul before they’re back on the
road to recovery.
Hampered much of the year by high fuel prices, trucking companies still may be in for a long haul before they’re back on the
road to recovery.
Last month, Purdue University launched the Center for Energy Systems and Policy to make sure its researchers
are working early in the process with business and public-policy experts at the university.
Sky-high oil prices have rekindled an industry in east-central Indiana that many thought had run its course a century ago.
A handful of wily prospectors motivated by oil prices approaching $150 a barrel are betting that’s not the case.
Indianapolis-based engineering and consulting giant RW Armstrong has become lead investor in an upstart ethanol firm that
would apply novel technology to make the automotive fuel without using corn as the key ingredient. It would be the first big
commercial plant in Indiana to make the alcohol fuel with so-called cellulosic material–the holy grail, of sorts, in the
ethanol
industry.
The list of potential Hoosier ethanol plants is nothing short of astounding for a state that had just one ethanol-fuel distillery
as recently as 2005. Beyond the six ethanol plants now operating and six others under construction, Purdue University agricultural
economist Chris Hurt counts 27 others under consideration for Indiana.
Less than a decade ago, diesel engines were viewed as loud pollution machines punching holes in the ozone. Now their cleaner,
quieter cousins are powering a resurgent Cummins Inc.