Ethanol Windfall Profits?

While most Americans have no problem blaming big oil companies for high gasoline prices, they aren't the only energy producers experiencing huge profits. Ethanol producers are also enjoying tax incentives, tariffs and, ultimately, profits.

"The increased demand has sent ethanol prices through the roof. Tom Kloza, a gasoline-markets analyst for the Oil Price Information Service, figures ethanol producers such as Archer Daniels Midland (ADM) are enjoying profits as high as $65 out of every $115 barrel. That's contributing to the gasoline price run-up as refiners pass those costs along."

BusinessWeek Via MSNBC