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.


61° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

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







 
Find Local Businesses on KELO Pages!

View business

You may also like

First DTSF Incubator Store Open For Business

7/23/2014 6:30 AM

605 Running Co., 124 S. Phillips Avenue, just opened its doors on Friday. It's a big grand opening for the store, but also for Downtown ...

Full Story | Watch
Sioux Falls No Longer Best Small City

7/25/2014 11:12 AM

Sioux Falls is no longer the nation's best small city for business and careers.

Full Story
Iowa Town Bracing For Closure Of Tyson Foods Plant

7/27/2014 3:31 PM

One small northwest Iowa town is preparing to deal with the loss of 450 jobs this fall when the Tyson Foods plant in Cherokee closes, and business own...

Full Story
Simply Mac Coming To Sioux Falls

7/28/2014 1:12 PM

Apple users will soon have another option for sales and service support.

Full Story
Dawley Farm Village Expands

7/25/2014 10:10 PM

If you don't live on the Sioux Falls east side, or haven't taken a drive over there lately, you may not have noticed all the new businesses.

Full Story | Watch


Events