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American Coalition for Ethanol Statement on President Obama’s Visit to POET Ethanol Plant in Missouri

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These steps, combined with the President’s trip to an ethanol plant, are helpful and important.

Sioux Falls, SD [WorldofRenewables.com]

President Barack Obama is touring an ethanol plant today as part of his “White House to Main Street Tour,” visiting the POET Biorefining plant in Macon, Missouri. Brian Jennings, Executive Vice President of the American Coalition for Ethanol (ACE), released the following statement:

“We are pleased that President Obama will be visiting an ethanol plant, to see for himself the clean, efficient production of this homegrown, renewable fuel. Being there first-hand to see the production of ethanol and to talk to the employees of the plant gives an important perspective on how policies made in Washington, DC affect the Main Streets of America. The President’s fiscal year 2011 budget supports extension of the Volumetric Ethanol Excise Tax Credit, and the President created the Biofuels Interagency Working Group to tackle some of the pressing issues facing ethanol production and use. These steps, combined with the President’s trip to an ethanol plant, are helpful and important.”

“ACE takes this opportunity to reiterate to the President and the Administration officials traveling with him that at present Big Oil is manipulating an out-of-date federal regulatory bureaucracy to protect its status-quo grip on the transportation fuels market, essentially restricting ethanol use to just 10 percent in a gallon of petroleum-based gasoline. Support for the pending E15 waiver for all cars and a commitment to meaningful fuel choice for consumers through a transformational policy of more Flexible Fuel Vehicles and blender pumps would finally unleash the potential for ethanol to make more clean, affordable, and safe fuel available to more Americans.”

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