There is plenty of corn in the latest reports out from USDA this week, which is good news for the ethanol industry. In the first official estimate of the 2010/11 crop, USDA is projecting corn production to beat last year by 260 million bushels and total 13.4 billion. “Based on the rapid pace of 2010 planting as reported in Crop …
Big Oil / Big Auto E15 Study ‘Biased’ & ‘Inconclusive’
The ethanol industry is responding today to a recent study designed to test vehicle compatibility with E15 and higher blends of ethanol. The study, “Mid-Level Ethanol Blends Catalyst Durability Study Screening,” was conducted by the Coordinating Research Council (CRC), a non-profit organization funded by the auto and oil industry. According to Growth Energy, the research is “inconclusive” because it failed …
Growth Energy Pleased With Obama Visit to Ethanol Plant
Growth Energy CEO Tom Buis gave President Obama a big hug after his speech at the POET ethanol plant in Macon, Missouri on Wednesday. “It’s a great honor to have the president of the United States come out to an ethanol plant and demonstrate again his long support for production of renewable fuels,” Buis said in an interview with Domestic …
Ethanol Industry Welcomes President
Growth Energy is so excited to welcome President Obama to member plant POET–Biorefining in Macon, Mo., as part of his “White House to Main Street” tour they took out a full-page ad in Wednesday’s St. Louis Post-Dispatch to greet him. Text of the ad reads: “The farmers, families, plant workers, local business owners and community members who make up Growth …
One-Sided Article Blames Ethanol for Meat Price Hike
The ethanol industry was quick to respond to a Bloomberg Business Week article Monday that places the blame for the current hike in meat prices solely on using corn for ethanol. The story quotes several meat industry representatives who state that current higher meat prices are “ethanol-induced” – the result of hog and cattle herds that were reduced in 2008 …
DF Cast: Using America’s Airwaves for America’s Fuel
America’s ethanol producers have launched a new effort to educate the public about America’s fuel: ethanol. CEO of Growth Energy Tom Buis recently was joined by Gen. Wesley Clark, co-chair of Growth, and former Iowa Congressman Jim Nussle, an advisor for Growth, in an announcement launching a $2.5 million TV advertising campaign on major cable television networks, including Fox News, …
Senate Bill Would Extend Ethanol Tax Incentives
A bill has been introduced in the Senate to extend tax incentives for ethanol set to expire at the end of this year. Senators Charles Grassley (R-IA) and Kent Conrad (D-ND) introduced the bipartisan GREEN Jobs Act of 2010 that extends through 2015 the Volumetric Ethanol Excise Tax Credit (VEETC), the offsetting tariff on foreign ethanol, the Small Producers Tax …
Ethanol Ads Debut in California
A battleground for corn ethanol was one of ten locations where Growth Energy held viewing parties Monday to debut a new national television campaign. The Growth Energy “ad watch party” event was held in California’s state capitol of Sacramento to unveil the six new commercials that will be airing over the next six months as part of a $2.5 million …
Ethanol Advertising Blitz
Expect to see ethanol advertising saturating the airwaves over the next few months. Growth Energy and POET both announced major television advertising campaigns this morning that will air on major cable television networks, including Fox News, MSNBC, CNBC, and CNN. The POET campaign includes three ads, each representing a different aspect of ethanol production with a farmer, a scientist and …
Growth Energy to Unveil Ethanol TV Campaign
Growth Energy is set to unveil an aggressive new television advertising campaign on Monday and is planning “watch parties” and press conferences at different locations around the country to kickoff the new commercials, as well as a live webcast. The $2.5 million national TV advertising campaign is being called a first for the ethanol industry. Growth Energy leadership, including co-chairman …