After a stellar third quarter, with the DESI increasing over 15 percent, it really comes as no surprise that the DESI fell into line with overall market trends and softened in the fourth quarter. The DESI still had a good year, and 2006 should be even better. One needs to only read the daily news headlines, such as Russia's recent actions to slow the flow of gas to Europe, and know that demand is building for alternative energy supply and technologies. |
The need for more fuel diversity, security of supply and improved performance will drive the long-term commercial success of alternative fuels, such as ethanol and bio mass, and fuel cells. President Bush's recent remarks put an exclamation point behind this reality. |