Brazil's flex-fuel cars keep it No. 1 ethanol consumer, maker

09/8/2005 | Reuters

Residents of the U.S. and Europe are switching to greater use of biofuels as the price of gasoline skyrockets, but a similar demand in Brazil is based on consumers who already had switched to cars with flex-fuel engines. The country already was the world's biggest producer and consumer of ethanol, which costs only half the price of gasoline at Brazil's fuel pumps.

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