Three industry leaders will be holding a media conference on Tuesday to “separate fact from fiction on the myth of ethanol’s role in rising gas prices.” The three are American Farm Bureau Federation President Bob Stallman, Renewable Fuels Association President Bob Dinneen, and National Corn Growers Association vice president Jon Doggett. Farm Bureau is coordinating the telephone conference call for reporters because “of all the factors influencing increasing gas prices, the use of ethanol as a fuel additive is having the least effect, but yet is being reported as the main contributor. In reality, the phase-out of MTBE, high crude oil prices and the petroleum industry’s pricing tactics are the true culprits hiking gas prices.”
Okay, even as a farm media person I have to say it would be a lot better if they got someone a little less biased to vouch for them. How about a private sector economist or industry analyst? Someone not on the corn/ethanol payroll, in other words. I’m on your side, folks – just trying to help here.