There’s no question that there’s been a media barrage giving ethanol a bad rap. Just today, the Kansas City Star’s cover story focused on criticism of the alternative fuel. That story came just in time for today’s Roadrunner Turbo Indy 300. The entire IndyCar Series runs on nearly 100 percent ethanol fuel. And, leading representatives of the ethanol industry say there’s a reason why the IndyCar series backs ethanol. In fact, they say there are numerous reasons why. More importantly, they say there are a handful of reasons why consumers should support ethanol, despite the media’s recent ethanol scapegoating for rising food and fuel costs. The Ethanol Promotion and Information Council hosted a panel discussion at the Kansas Speedway today to address the recent abundance of “misinformation” about ethanol.
The panel included EPIC’s new Executive Director Toni Nuernberg, CEO and President of ICM Dave Vander Griend, Mike Sobetski with LifeLine Foods, and Greg Krissek with ICM. They argue that ethanol has a negligible impact on food prices, specifically corn. They talk about new technology that proves there isn’t a debate about “food versus fuel” but a discussion about “food and fuel.” And, they say that, despite what critics in the media suggest, ethanol actually keeps gas prices lower.
You can listen to the entire panel discussion here: