Ethanol, the Fuel Only a Politician Could Love
The Energy Information Agency (EIA) admits in its 2010 Annual Energy Outlook that, under present law, ethanol use in 2022 is projected to be almost a third less than the 35 million gallons-equivalent per year mandated by Congress way back in 2007. What to do? The ethanol industry, with the blessing of Congress and the Obama Administration, is lobbying the EPA to mandate increased ethanol | Read More »
How Badly Has Congress Screwed Up Ethanol?
Two years ago the Democrats in Congress and the Bush administration got together to deliver a payoff to farmers: they required refiners to use 15 billion gallons of biofuels by 2012. They did not expect that a crashing recession would lead to a reduction in the amount of gasoline the nation consumes – the first such reduction in years. And they also didn’t expect a | Read More »
Obama administration say one thing do another – auto industry edition
We’ve heard it before. Last month, as the Federal Government was becoming an 8 percent owner of Chrysler and 50 percent owner of General Motors, President Obama feigned disinterest: I don’t want to run auto companies. I’m not an auto engineer. I don’t know how to create an affordable, well-designed plug-in hybrid. Moments later, Obama revealed his actual intent: “But I know that, if the | Read More »
Farmers discover new energy source
In Our Dear Leader’s address on 11-29-2008, he discusses farmers “who can tap new sources of energy”. Here we are, using corn for ethanol and soybeans for diesel.
Happy 30th Birthday Ethanol Subsidies
Today is the 30th birthday of government driven ethanol mandates – so Happy Birthday inefficiency and command-and-control energy policies! I for one will be celebrating this at a press conference at the National Press Club as part of a Food Before Fuel campaign. First, let’s a take a moment to examine this situation. The government wants people to use cleaner fuels – ok, nothing wrong | Read More »
Energy Independence Bill or Environmentalists Dream?
Senators Max Baucus (D-MT) and Charles Grassley (R-IA) introduced a new bill to “help reduce America’s dependence on foreign oil.” However, a closer look at the legislation reveals that this bill is a gift to environmentalists. Grassley describes the legislation like this: “The legislation will offer tax credits for wind energy without the cap that the House is trying to impose again this year. It | Read More »
Why is Iowa in the tank for Obama?
When you think about Iowa, polling and primary results aside, it feels like Iowa should be a red state. It’s a rural, agricultural state, that I would think would be fairly conservative. In fact, according to Dan’s Chart from yesterday, Iowa is 55%R – 45%D. So why is Obama leading McCain by 10 points in Iowa? Is this purely a question of support for ethanol, | Read More »
McCain Opposes Grassley on Ag Subsidies and Ethanol
According to a recent AP article, McCain opposes agricultural subsidies. Specifically McCain stated that he does not “support agricultural subsidies no matter where they are.” He further says that the “$300 billion, bloated, pork barrel laden [farm] bill” passed by congress this summer “is something America simply can’t afford.” Grassley Watch could not agree more. Senator Grassley responded to McCain’s coments by sayign that he | Read More »
Breaking News: Republicans oppose ethanol mandate
If you read the 2008 Republican platform you will notice two important things regarding biofuel. First, the plan for energy independence gives ethanol a small role. Second, the platform specifically says “[t]he U.S. government should end mandates for ethanol and let the free market work.”
A reactionary ethanol plan from Grassley
Grassley has once again expressed his desire to drive an ever increasing percentage of the U.S. corn crop towards ethanol production. He recently reaffirmed his support for the ethanol import tariff in a letter he sent to Susan Schwab, U.S. Trade Representative. Read Grassley’s letter here. This letter was in response to a letter sent to Schwab from Senator Dianne Feinstein inquiring if the ethanol | Read More »
Renewable Fuels Standard not Waived
The Environmental Protection Agency announced today that it would not grant a waiver of the renewable fuels standard as requested by Texas Governor Rick Perry. The Governor’s request was for the mandated levels of grain ethanol production to be reduced by 50 percent. His reasons for requesting this waiver can be read in his letter to the EPA, but it essentially came down to high | Read More »
Is an Ethanol Pipeline Even Necessary?
Senators Harkin (D-Iowa) and Lugar (R-Indiana) have introduced legislation to encourage the construction of a dedicated ethanol pipeline from the Midwest to the Eastern seaboard. Charles Grassley (R-Iowa), ranking member of the Senate Finance Committee, appears to have endorsed the concept of a dedicated pipeline and says that he “will work in the [Senate] Finance Committee to see that this proposal is included in the | Read More »
Obama’s energy hypocrisy: Barry Obama is Big Oil’s Buddy
With Barack Obama, you have to be careful with the facts. You see, he and his factually impaired friends at the DNC, insist that John McCain is the candidate of Big Oil. But perhaps the finger ought to be pointed another way… First, of all, John McCain makes the point most clearly. It is Barack Obama who voted for George Bush’s energy bill and the | Read More »
Consumers and Suppliers Unhappy With Ethanol
A recent New York Times article has helped to expose the frustration of unwilling ethanol consumers and their suppliers. Marine and small engines are sputtering across the nation and fuel efficiency in our nation’s cars has decreased and all due to ethanol, or at least that is how many consumers see it. According to the article small engine repair centers are seeing an increase in | Read More »
Grassley Insinuates that EPA is Violating Law
A letter signed by eight senators, including Iowa’s Charles Grassley, insinuates that the Environmental Protection Agency and EPA Administrator Johnson have violated law by meeting with Texas Governor Rick Perry behind closed doors. The assumption these senators have made is that some backroom deal has been made between the governor and the EPA. I find this ironic considering the number of backroom deals that have | Read More »