POET CEO Jeff Broin was surrounded by the media Wednesday after President Obama made a visit to a POET ethanol plant in Macon, Missouri. It gave him an opportunity to address some of the criticism of ethanol regarding its impact on the environment. “Today ethanol is 59 percent lower in lifecycle greenhouse gas emissions than gasoline and so it is …
President’s Ethanol Speech Lacks Substance
Ethanol producers and corn farmers who were hoping for President Obama to make a strong show of support for the ethanol industry when he appeared at a POET plant in Missouri on Wednesday were probably a little disappointed. Yes, he made the appearance and said that “renewable, homegrown fuels are a key part of our strategy for a clean energy …
Live Audio of President Speech at Ethanol Plant
We are going to try and bring you live audio of President Obama’s speech at the POET ethanol plant in Macon, Missouri via cell phone and Ustream since there is no good internet access at the site and aircards don’t work well for live broadcasts. Speech is scheduled to begin at 12:55 central time. Audio is not clear at all …
RFA CEO Takes Case for Ethanol Incentives to The Hill
Federal incentives for the U.S. ethanol industry are good public policy by every measure of “economic growth, energy security and environmental responsibility,” according to Bob Dinneen, president and CEO of the Renewable Fuels Association, in an opinion column penned for The Hill. Dinneen makes the case that biofuels offer hope for three major challenges facing the nation – the economy, …
Sunny Day for Presidential Visit to Ethanol Plant
Chuck Zimmerman with Domestic Fuel is set up in Macon, Missouri at the POET ethanol plant in advance of President Obama’s visit this afternoon. The press has to set up way early for the visit, which will take place at about 1:00 pm central time. Chuck reports that the weather is gorgeous and there are lots of media on site …
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 …
Ethanol Leaders Take to the Hill
America’s ethanol industry is taking its message to Capitol Hill this week with a variety of key issues to discuss. Extending key tax incentives for all forms of ethanol, expanding the market through higher ethanol blends, and increasing the production of flexible fuel vehicles are all topics of discussion during the visit. Members of the Renewable Fuels Association are scheduled …
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 …
New E85 Stations Open in North Florida
Thanks to the efforts of the Renewable Fuels Association (RFA) and Protec Fuel there are now two new E85 fueling stations near I-10 just west of Jacksonville, Florida. R H Davis Oil Exxon in Macclenny and Citgo in Glen St. Mary will provide more fueling options to drivers of flex-fuel vehicles (FFVs) on the interstate as well as commuters traveling …
CME Launches Ethanol Co-Product Contract
The trading of futures contracts for the ethanol co-product that is used as livestock feed officially began today on the CME Group electronic trading platform, Globex. Distillers’ Dried Grain (DDG) futures are a physically delivered contract designed to bring price discovery and transparency to the corn crush market allowing customers to better manage their price risk in the feed, livestock, …