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The Ethanol Solution
MAY 4, 2006 / 3:33 PM / CBS
Gas prices are passing $3 a gallon and climbing, oil companies are making record profits and there is serious concern about this country's dependence on foreign oil. Those things have sparked a lot of talk about using something else, instead of oil, to fuel our cars.
As correspondent Dan Rather reports, Brazil faced similar problems and already has solved most of them. Instead of gasoline, many Brazilians are using ethanol - which can be made from plants into a kind of alcohol - to power their cars. It's cheaper and cleaner. As a result, Brazil has virtually stopped importing expensive foreign oil......