Posts tagged ‘Alcohol fuels’

August 31, 2011

Ethanol: U.S.-produced fuel is leading oil alternative – baltimoresun.com – Stephanie Dreyer

Ethanol: U.S.-produced fuel is leading oil alternative – baltimoresun.com.

Karen Hosler’s recent opinion piece calling for an end to ethanol subsidies (“End the ethanol charade,” Aug. 30) uses sweeping generalizations that distort the truth about grain ethanol’s role in fostering America’s energy independence and producing food as well as fuel.

Domestic ethanol is the single-best alternative to foreign oil we have today. In 2010, ethanol reduced imports by 445 million barrels of oil — more oil than we import from Saudi Arabia. And America’s ethanol industry helped reduce farm subsidy payments by $10.1 billion, added $53.6 billion to the economy and reduced gas prices by $34.5 billion.

August 30, 2011

Open Fuel Standard: Putting the Free Market to Work in the Interests of National Security – Thomas Buonomo

Open Fuel Standard: Putting the Free Market to Work in the Interests of National Security.

While domestic energy policy is not a silver bullet, it can help extricate the United States from foreign entanglements that have long confounded American decision-makers. History’s painful lessons offer us the power to move our elected officials to act in the interest of renewed economic vitality and national security. From the tragedy of U.S.-Middle East relations is born opportunity.

August 24, 2011

Ethanol Rises as Report Shows Signs of Increased Blending Demand – Bloomberg – Mario Parker

Ethanol Rises as Report Shows Signs of Increased Blending Demand – Bloomberg.

Ethanol futures rose a seventh day in Chicago, extending the longest winning streak in three months, after a government report showed increased demand for the biofuel.

“The drop in gasoline stocks lent some support to ethanol,” said Matt Janney, a trader at Citigroup Global Markets Inc. in Chicago. “Ethanol stocks were off, too. It seems to be getting good support.”