Page 18 - Corn Ethanol News Today

Essentially the farmers and folks on the ground say that all that has been negated by these exemptions. i want to let you hear from todd becker. he is the ceo of green plains, which is the operator of several corn ethanol plants including this one behind us. this is part of what he told us. >> why have you guys lost money? >> weve lost money because, number one, our demand has been destroyed by these small refinery exemptions. and thats really where were focusing with the administration to say, ...

Senators in the region, and the farmers. these are farmers that have backed the president by and large over the course of the last three years but its these waivers that have been handed down from the epa to small oil refineries. theres big oil companies, including exxon and chevron that own some of these small oil refineries. essentially what the epa has done is said to these oil companies that they do not have to use corn ethanol as part of their gasoline blend. there is a law on the books cal...

Thanks to a policy change that helps the corn farmers. he ordered them to lift restrictions on corn ethanol that prevented gasoline from being sold year around. the oil industry fought to keep the rule in place, but the new rule could benefit farmers and republicans in tough races including the incumbent governor. also mining in yellowstone national park. it protects the area in montanas paradise valley for another 20 years. the ban puts to rest concerns over two proposed gold mines and does not...

Have been getting subsidies for years. >> were ready to transition. >> john: tomorrow? >> can you give us a chance so that americans can have a choice as to what they put in their pump. >> john: by choice, government needs to pay to install the pumps. but government didnt install gasoline pumps, entrepreneurs did. >> service stations will do it. why the taxpayer? >> its like anything else you have to get it started. >> you are parry ra site feeding on the taxpayer. stand on your own feet? >> we ...

Can agree with senator mccain about. he couldnt say unintended consequences of mccain feingold. >> we shouldnt be subsidizing ethanol. >> we are trying to change the pattern. >> governor wesley clark fights for ethanol. >> in 2008 we paid $50 billion to the saudi government for imported oil. >> john: were still doing it but were paying you guys a ton. >> the point is the money paid on ethanol stays in the american economy. >> john: it does but at what cost. congress realized that ethanol tax cre...

Producers with ethanol. we dont look at rising price of milk and excessive fertilizer that were used to produce corn. >> john: food prices are higher because so much goes to ethanol and we consume a lot of corn. corn syrup helps create the meat we eat. steve who raises cat sl mad the feed costs more because ethanol has been both mandated and subsidized. >> if you want to do the same thing for the ethanol guy, you have to mandate that absolutely every man and woman and child in america has to eat...

For incredible environmental harm. he works for friends of the youth. green lobby once supported ethanol but now they say.... >> environmental consequences are worse than the environmental consequences of gasoline. >> john: it makes no sense because it was because of the environmental groups, dont use oil. >> now we studied corn ethanol we realized it actually has worse consequences than gasoline. >> john: so, whoops, we were wrong and we cant undo it? >> we are fighting for it. >> but congress ...

>> it would kill her job. >> john: title nine was to create equality. >> it lessens the opportunity. >> john: we dont need it. the politicians law let protestors talked banks into giving risky loans and new stadiums will create jobs but do they? >> handing money from your right hand to your left. do you know government wants you in the alpaca business and a house you cant afford. >> what is the dumbest? ethanol? >> there has been a case law of unintended consequences. >> john: maybe the biggest ...

Producers with ethanol. we dont look at rising price of milk and excessive fertilizer that were used to produce corn. >> john: food prices are higher because so much goes to ethanol and we consume a lot of corn. corn syrup helps create the meat we eat. steve who raises cat sl mad the feed costs more because ethanol has been both mandated and subsidized. >> if you want to do the same thing for the ethanol guy, you have to mandate that absolutely every man and woman and child in america has to eat...

Have been getting subsidies for years. >> were ready to transition. >> john: tomorrow? >> can you give us a chance so that americans can have a choice as to what they put in their pump. >> john: by choice, government needs to pay to install the pumps. but government didnt install gasoline pumps, entrepreneurs did. >> service stations will do it. why the taxpayer? >> its like anything else you have to get it started. >> you are parry ra site feeding on the taxpayer. stand on your own feet? >> we ...