User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


69° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Sen. Johnson Discusses Ethanol In SF

October 8, 2012, 6:09 PM by David Brown

Sen. Johnson Discusses Ethanol In SF
SIOUX FALLS, SD -

Senator Tim Johnson stopped in Sioux Falls Monday morning to visit with Poet. There's been a lot of discussion recently about renewable fuel standards and how they're impacting corn prices. But Johnson and ethanol executives are fighting those perceptions.

The Environmental Protection Agency created the renewable fuel standard, or RFS, back in 2005. That mandated a certain volume of renewable fuel had to be blended into gasoline. As some argue the mandate is having a negative impact on corn and feed prices, Johnson is fighting for ethanol and maintaining those fuel standards.

Johnson received the Fueling Growth Award from Poet executives for his commitment to ethanol.

"It is very important," Johnson said. "The cost of gasoline would skyrocket were it not for ethanol."

But the costs for corn and feed, and not gasoline, are what's concerning governors in eight different states. They've requested a waiver from the renewable fuel standard. But Poet CEO Jeff Lautt says the standard doesn't have a significant impact on those prices.

"It would be a shame to take an industry that's become 10 percent of the liquid fuels industry and start to negatively impact that," Lautt said.

"We need to keep working on it," Johnson said. "It would be a crushing blow to the farmers in America if we lose the RFS."

Although Johnson will continue fighting for ethanol in Washington, he knows a healthy energy market relies on more than one source.

"It's important that the ethanol industry is reliable and certain. But there are many sources of fuel," Johnson said.

And while Johnson's attitude encompasses different alternative fuels, he knows what ethanol means to South Dakota.

"He's very keen of always knowing what issues we may have, what he can help us with, talk about the current state of policy," Lautt said.

Lautt added that waiving the renewable fuel standard would hit rural farmers especially hard. That's because he says most have been able to thrive during a bad economy and the drought with the biofuel demand.

Previous Story

Next Story


Comments







Sponsored

 


View business

You may also like

Wild Bat Found At Great Plains Zoo Tests Positive For Rabies

6/26/2015 11:19 AM

The Great Plains Zoo is warning visitors after a bat found on a sidewalk there tested positive for rabies.

Full Story
Presidential Proposal Would Expand Overtime Pay

6/30/2015 7:08 AM

Obama is unveiling a proposal to require overtime pay for workers who earn up to $970 per week, up from the current $455 threshold.

Full Story
Moe's Southwest Grill Selects Sioux Falls Location

6/29/2015 12:41 PM

You will soon have a new option for chips and salsa, salads and tacos in Sioux Falls.

Full Story
Speed Limit Dropping To 75 MPH Along Stretch Of I-90

6/26/2015 1:53 PM

Starting next week, drivers on Interstate 90 will have to slow down from the Wyoming border to just west of Exit 55 in Rapid City.

Full Story
New Outdoor Venue For Falls Park West

6/29/2015 5:07 PM

Mayor Mike Huether's Capital Improvement Plan includes $2.5 million for the Levitt project.

Full Story | Watch


Events