Georgia is NOT the corn state, but it is the largest state east of the Mississippi. Vast tracks of Georgia are undeveloped. In the future Georgians might see more of the below ventures.

"Range Fuels, Inc., a cellulosic ethanol company, today announced it will build its first ethanol plant in Treutlen County, Georgia. Founded by Menlo Park, California-based Khosla Ventures, Range Fuels estimates that this plant – combined with others to follow – will have the capacity to produce over 1 billion gallons of ethanol per year. The first plant will create over 70 new jobs for the area."

http://www.rangefuels.com/range_fuels_to_build_first_wood_cellulosic_eth...

The smartest way I can see is to plant sugarcane again in Florida, Mississippi, Alabama and Louisiana and get the 4+ to 1 energy advantage by pressing and fermenting, then use enzymes to break down the cellulose in the pressed stalks to get more and then take what is left over from that and gasify and synthesize more. With a 3 stage process and sugar cane as a feedstock, you should be able to get high yields per acre and produce more for less.