Today in Biofuels Opinion: “Instead of sending $16.5 billion to the Mideast, we were able to send that money to the Midwest”

Ross Walker, Airbus engineering programme manager, alternative fuels: “With the cost of a barrel of oil at present levels, alternative fuels are now becoming viable…[by 2030, 30% of aviation fuels will be biofuels, and] to achieve this we must have international and cross-industry collaboration.”

Senator Ben Nelson of Nebraska: “6.5 billion gallons of ethanol took the place of 228 million barrels of oil for a savings of $16.5 billion. That means, instead of sending $16.5 billion to the Mideast, we were able to send that money to the Midwest. We must keep our eyes on the future and our goal of energy security, so we can control our own destiny and not be at the mercy of other countries for our energy supply.”

Free Subscription to the Daily Biofuels Digest e-newsletter

Related Stories

Today in Biofuels Opinion: “If I were Saudi Arabia and I wanted to undermine alternative energy”

Robert Wescott, former chief economist for the Pres­ident’s Council of Economic Advisers: “If I were Saudi Arabia and I wanted to undermine alternative energy, my optimal pricing strategy would b...

Today in Biofuels Opinion: “Ethanol has demonstrated that it is truly the Fuel to Nowhere.”

Andrew Moylan of the National Taxpayers Union, commenting on USDA proposals to aid struggling ethanol plants: "Ethanol has demonstrated that it is truly the Fuel to Nowhere." Pavel Molchanov, alter...

Today in Biofuels Opinion: “The $5 billion investment that Warren Buffett is making in Goldman Sachs is just like the one Bill Gates made in Pacific Ethanol”

John Mizroch, DOE acting assistant secretary for energy efficiency and renewable energy: "Without ethanol, the price of gasoline would have been a lot higher." An anonymous Smith Barney employee wr...

Today in Biofuels Opinion: “[The Ethanol industry has] “generated an estimated $33.4 billion in tax revenue for the Federal government”

Sergio Ramírez Robles of Biofields, investor in Algenol: "Our business plan projected a 850 million dollar investment at the end of our first step (4 years) [and will] produce 250 million gallons of ...

Today in Biofuels Opinion: “Domestically produced fuels bring jobs and money back to our communities”

From the Tucson Citizen (Colleen Crowinshield, Clean Cities manager for the Pima Association of Governments): "Did you know that an average of one farmer a day retires due to lack of crop demand? Does...

President Bush says US must “Get off oil”, says rising corn costs should not prompt retreat from biofuels, but more R&D

Speaking at the Washington International Renewable Energy Conference (WIREC), President George W. Bush said that the United States needed to "get off oil" and backed cellulosic ethanol as the best pat...