The Hagstrom Report

Agriculture News As It Happens


Ethanol groups thank Romney and Obama on RFS

Two pro-ethanol groups issued statements Tuesday thanking Republican presidential candidate Mitt Romney for announcing his commitment to the Renewable Fuel Standard, and in statements to The Hagstrom Report Wednesday also thanked President Barack Obama and Agriculture Secretary Tom Vilsack for their commitments to the RFS and the biofuels industry.

“I was very pleased to see that Gov. Romney has made supporting rural America and the Renewable Fuel Standard a key component in his campaign,” Growth Energy President and Chief Operating Officer Jim Nussle said in a statement Tuesday.

“This plan signals to investors and producers that America’s commitment to reducing our dependence on foreign oil and creating jobs that revitalize rural America remain a top priority for a candidate seeking the office of the presidency,” said Nussle, a former Republican House member from Iowa.

“By providing certainty, investors can continue to follow through on their research and development of cutting edge technology, producing fuels right here at home, strengthening our energy independence and ensuring that America’s money is reinvested right here in the American economy, instead of sending it overseas,” Nussle said.

“Gov. Romney understands that when it comes to energy security and domestic energy development, continued dependency on foreign sources is not acceptable. Through continued support of the RFS, biofuels such as ethanol and rural America, we can ensure that we continue to create jobs and spur innovation, revitalizing America’s heartland.”

Growth Energy CEO Tom Buis said in an email Wednesday, “President Obama and his administration have been unwavering advocates for biofuels, such as ethanol, and Growth Energy is grateful for all this administration has done to reduce our dependence on foreign oil, improve our environment and support rural America.”

“This administration understands the importance of supporting an industry that has created more than 400,000 jobs and revitalized rural economies,” Buis said. “Additionally, President Obama and his team know that ensuring a robust agricultural economy is critical to investing here at home, growing our own energy security, instead of sending American dollars overseas.”

Buis, a former aide to then-Senate Majority Leader Tom Daschle, D-S.D., and former president of the Democratic-leaning national Farmers Union added, “Furthermore, there has been no stronger advocate than Agriculture Secretary Vilsack. His continued support of the biofuels industry has demonstrated the government’s commitment to certainty within the industry, allowing investors to do what they do best, resulting in technological breakthroughs and a larger share of American made renewable fuel to meet our nation’s growing energy needs.”

Renewable Fuels Association President and CEO Bob Dinneen said Tuesday, “We applaud Gov. Romney’s continuing support of domestic renewable fuels and his recognition of the importance of the RFS.”

“Right here, right now the ethanol industry is working hard and to great effect to reduce America’s reliance on imported oil, create hundreds of thousands of jobs all across rural America, and lower gas prices at the pump,” Dinneen said. “We also appreciate Governor Romney’s business acumen when it comes to the importance of certainty to investors in the next generation of biofuels.”

“President Obama’s continuing support of the ethanol and the RFS is deeply appreciated by American ethanol producers coast to coast, border to border,” Dinneen said in an email Wednesday. “His remarks, and those of his administration especially Secretary of Agriculture Tom Vilsack, have sent important signals about the bright future of biofuels and the present value of our industry in creating jobs, reducing dependence upon foreign oil, and helping create a better, cleaner environment.”

“It should be noted that it was under the Obama administration that E15 was approved, thus creating more fuel choice for consumers.”