Will Products That Enable Energy Independence Be Big Business?

micro fuel ethnaol

Today, Popular Mechanics is running an article on the first product to make Ethanol production easy enough for the average joe (like me).

While the Micro Fueler product certainly isn’t cheap, and may or may not succeed, it does raise an interesting question: do products like this one, which would help to decentralize the source of energy in the US, have the potential to generate big profits?

In other words, is it mainstream enough? Does the average person want to produce his or her own energy? Or is this just a cult-niche product?

What do you think? Too much work? Easy enough to catch on? Let us know in the comments.

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Business Notes

Congress may approve "the biggest overhaul of mortgage financing since the New Deal."

The government is acknowledging the suffering of business owners everywhere by raising the gas deductible by eight cents.

The Metropolitan Money Store defrauded potential foreclosure victims out of millions of dollars by setting up fake loans and inflated appraisals. Ouch.

The Fed, in a determined effort to control inflation, said today it would "strongly resist" inflationary pressures on the economy. Translation: interest rates are going up in the not-to-distant future.

The US Department of Labor has released statistics showing that unemployment is at 5.5%, much higher than anyone thought. Yet another confirmation of the recession.

... More Biznotes

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