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Video: Fill your car for $1.10 a gallon?

Menlo Park, Calif.'s ZeaChem has come up with a way to turn wood chips into ethanol that will sell for around $1.50 a gallon or less when it comes out in 2010. Brewing and petrochemical technology go into the mix. News.com Editor at Large Michael Kanellos talks with founder Dan Verser and CEO James Imbler about their plans for cheap fuel.

1 minute 43 seconds

March 11, 2008 2:09 PM PDT

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