Presidential candidate Barak Obama visited the nation’s number one ethanol producing state over the weekend. During his visit to Davenport, Iowa, he did an interview with local television station WQAD-TV during which he was asked about his support for ethanol, in light of the current high price of corn.
“I think what we’re seeing is the market for alternative fuels expand and there’s going to be some growing pains,” Obama answered. While he admits that hog farmers are being affected by higher feed prices, he believes ethanol is the most promising way for the U.S. to reduce dependence on foreign oil.
“What we’re going to need to do is set up a distribution system. Gas stations need to be carrying E-85 gasoline. We had a bill last year that I introduced, that passed, that would provide incentives for stations to start having E-85 pumps. We’re going to have to continue creating a science that makes ethanol more efficient as the distribution systems and production start aligning, then I think we’re going to see this to be one of the most promising areas to wean ourselves off Middle Eastern oil but there’s going to be periodic disruptions as a consequence that the market for ethanol is not fully developed.”
Read the full interview with WQAD.
The picture found on Senator Obama’s website is from an appearance he made in August at the Bunge Plant in Cairo, Illinois after the company announced that it would begin building a new bio-diesel plant.
Lawmakers and special interests have been chiming in with reaction to the US-Brazil biofuels agreement announced last week.
During a press conference Friday with Brazilian President Luiz Inacio Lula da Silva, President Bush said, “I hope the citizens of Brazil, like the citizens of the United States, are as optimistic about the future as these two Presidents are. And one reason we’re optimistic is because we see the bright and real potential for our citizens being able to use alternative sources of energy that will promote the common good.” 
Leaders from a broad alliance of agricultural, energy, environmental, business and labor groups recently rolled out a set of specific recommendations for reaching an ambitious renewable energy goal: 25 percent of the nation’s energy supply from renewable sources by 2025. Members of the 
The Action Plan, which was presented to Congressional leaders, contains 35 specific recommendations that “would cost just five percent of what America spent on imported oil in 2006 and would result in a dramatic increase in new jobs and economic activity, along with significant reductions in oil consumption and global warming emissions.”
Virtually every livestock representative testifying had a statement similar to Joy Philippi of Nebraska, immediate past president of the 
However, in separate press conferences Thursday, the chairmen of the House and Senate Agriculture Committees disagreed.
House Ag Committee Chairman Collin Peterson of Minnesota pointed out that grain producers are finally getting a fair price for their crop. “What people fail to recognize is that over the last number of years, corn prices have been substantially below the cost of production and the livestock industry has benefited from this,” said Peterson.
The City of Coral Gables, Florida will be the first city in South Florida to use biodiesel in the city’s vehicle fleet.
When it opens this summer, the Imperium Renewables plant is expected to produce 100 million gallons of biodiesel a year and will become the largest in the country. And all that biodiesel means increased shipping for the area. In fact, the 
Two Republican senators voiced concerns Wednesday about a potential U.S.-Brazil ethanol accord.
South Dakota Republican John Thune argues that elimination of the tariff is counter-productive to the intention of developing a strong domestic ethanol industry. “This is something that is very good for American agricultural producers,” he said. “So it doesn’t make sense for us to be trying to develop that industry elsewhere around the world nor to make us dependent on a foreign source of energy when the whole purpose is to become less dependent on foreign sources of energy.”
Ethanol industry leader