The fight over the Volumetric Ethanol Excise Tax Credit (VEETC) continues. Earlier this week, a coalition of “usual suspects” made up of 90 business associations, taxpayer advocates, hunger and development organizations, agricultural groups, free-market groups, religious organizations, environmental groups, ‘budget hawks’, and public interest groups sent a letter to the Congressional leadership asking them to axe the tax. In addition, …
“Say No to OPEC” Campaign Launches
Just in time for Congressional lawmakers to return to work, Growth Energy launched a DC advertising blitz, “Say No to OPEC, Say Yes to America.” According to the organization, the campaign includes a display ad in Roll Call and online ads – including home-page takeovers – on TheHill.com and on the daily E&E Newsletter. Chris Thorne, Public Affairs Director for …
Industry Responds to EPA’s Triennial Biofuels Report
Yesterday, Growth Energy submitted comments on EPA’s first triennial report to Congress on the environmental impacts of biofuels. The organization’s comments are focused on the technical accuracy and potential implications of the Report and its implications to ethanol. The Report is required by EISA Section 204 and calls for EPA to report to Congress on the environmental and resource conservation …
Kenny Wallace & RAB Racing Partner With American Ethanol
American Ethanol has officially become an associate sponsor of RAB Racing with Brack Maggard. The No. 09 Toyota Camry driven by Kenny Wallace will feature the American Ethanol logo on the hood of its car for the 2011 NASCAR Nationwide season beginning this weekend with the Feb. 26, BASHAS’ SUPERMARKETS 200 race at the Phoenix International Raceway. In Phoenix the …
Mid East Unrest and $100 Oil
As U.S. crude oil touches a $100 a barrel for the second time since October 2008, consumers are seeing gasoline prices rising at the pump and oil economists are talking about the real possibility of $4.00 and $5.00 gallons of gas. Four dollar gas is close – when I bought gas yesterday it was $3.79 a gallon. In a press …
Clinton Strikes Nerve with Ethanol Comment
Former President Bill Clinton struck a raw nerve with ethanol supporters with his comments at the U.S. Department of Agriculture’s annual Outlook Forum today. “We have to become energy independent but we don’t want to do it at the expense of food riots,” Clinton said, calling for a periodic reassessment of the industry “with 3-5 year time horizons based on …
NASCAR Season Kicks Off With Ethanol
Although ethanol’s “driver” Clint Bowyer didn’t win the Daytona 500 this weekend, ethanol scored a victory as the “The Great American Race” this past Sunday was the first time all the cars raced using Sunoco Green E15. There were more than 120,000 fans at the race and millions of fans watched the action on TV and witnessed the ethanol partnership …
Oil Scores a Victory in House, Ethanol Continues Battle
In an update to a story posted earlier this week, in a late night vote the House of Representatives have approved provisions that would block the implementation of E15 into the marketplace. Rep. John Sullivan (R-OK) presented a provision to the House Continuing Resolution (a short-term resolution that would fund the government through the end of this year) that would …
Ethanol Industry On the Track At The Daytona 500
The ethanol industry is excited for Daytona 500, set to take place on Fox at 1:00 pm EST on Sunday February 20th. This race kicks off the first race that Sunoco Green E15 will be used, a blend of 15 percent corn-based ethanol – produced by American farmers, right here in America. To kick off the weekend, Growth Energy, who …
Ethanol Producer on Capitol Hill
Considering Republication opposition to ethanol initiatives in the House Continuing Resolution, some ethanol producers are taking to Capitol Hill for face-to-face discussions with their lawmakers about the importance of ethanol to the country. Two representatives from Marquis Energy of Hennepin, Illinois were in Washington, D.C. this week for personal meetings with representatives from their state, including Robert Schilling (R-17), Aaron …