Ethanol Plants on Hold

The auto industry must develop cars that are 25% more energy efficient... And the government is giving them 25-billion dollars to do it.

President Bush recently signed the loan agreement. More fuel efficient cars means more ethanol plants are needed to supply gas, but some planned area plants are on hold. The Panda Ethanol plant in Hereford's completion date has been pushed back to early 2009.

Panda's Ethanol plants planned for Sherman County and Muleshoe are put on hold indefinitely, citing the poor economy for lack of resources.