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Keyword: cornpimps

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  • Klobuchar, Grassley call for antitrust investigation of Big Oil

    10/11/2013 3:55:29 PM PDT · by TurboZamboni · 15 replies
    Ethanol Producer ^ | 8-21-13 | Erin Voegele
    Sens. Amy Klobuchar, D-Minn., and Chuck Grassley, R-Iowa, have issued a letter to the U.S. Department of Justice and Federal Trade Commission asking for an investigation of anticompetitive practices by oil companies that limit consumer access to renewable fuels, specifically higher ethanol blends.
  • U.S. House votes against ethanol-expansion funding

    02/22/2011 10:17:07 AM PST · by george76 · 42 replies
    The Wichita Eagle ^ | Feb. 22, 2011 | DAN VOORHIS
    The ethanol industry took a shot on Saturday when the U.S. House of Representatives voted to remove funding for the expansion of ethanol in vehicle fuel. The House voted 285-136 on a measure that blocks the Environmental Protection Agency from raising the cap on ethanol from 10 percent to 15 percent. The House also voted 261-185 to remove EPA funding to help pay for the special pumps needed to dispense higher blends of ethanol at gas stations. The measures are part of the House's much larger budget resolution and must survive budget negotiations with the Senate and get a signature...
  • Ag Secretary ‘Not Worried’ About Effects of Ethanol Subsidy

    02/11/2011 9:43:02 AM PST · by jazusamo · 24 replies
    CNSNews ^ | February 11, 2011 | Christopher Goins
    Washington (CNSNews.com) – Ag Secretary Tom Vilsack says he welcomes the extension of the energy policy requiring the extension of tax credits and protective tariffs of corn ethanol and is not worried in the long term about the U.S. economy’s capacity to produce corn for food, fuel, feed, and exports because of it.“I’m certainly not worried in the long term about our capacity to produce enough corn to meet our food and feed needs as well as our fuel needs,” Secretary Vilsack said Wednesday in a news conference with Interior Secretary Ken Salazar and Energy Secretary Steven Chu held...
  • Cornhucksters

    01/04/2011 8:30:16 AM PST · by Toddsterpatriot · 16 replies
    NRO ^ | January 4, 2011 | Katrina Trinko
    What kind of Republican supports high tariffs on imports, dubious green tax credits, and consumption mandates to prop up unprofitable environmental darlings? The ethanol-loving midwestern kind, especially the ones running for president. Currently, imported ethanol is slapped with a 54-cent-per-gallon tariff, while oil companies receive a 45-cent tax credit per gallon of ethanol blended into their gasoline. Both the tariff and the tax credit have just been extended for another year, thanks to a bipartisan push from Cornbelt politicians. In case these provisions aren’t enough to help the industry hobble its way to satisfying profits, lawmakers also decided to mandate...
  • Ear (Of Corn) Marks

    11/11/2010 6:06:07 PM PST · by Kaslin · 36 replies
    IBD Editorials ^ | November 11, 2010 | Staff
    Energy Policy: If we're serious about cutting wasteful spending and reining in government, the abolition of subsidies for ethanol production and the ending of mandates for its use would be a good place to start. The Bush tax cuts aren't the only thing that expires at the end of the year. Also set to expire is the mother of all corporate welfare: ethanol subsidies to Big Agriculture coupled with tariffs protecting domestic ethanol production that benefit farm-state senators and congressmen but few others. Ethanol is the perfect tax-spend-and-elect mechanism. Illinois-based Archer Daniels Midland, the nation's second-largest ethanol producer, has operations...
  • Corny Capitalism

    08/27/2010 4:49:46 AM PDT · by rellimpank · 8 replies
    American Spectator ^ | 27 aug 2010 | Matt Purple
    Earlier this year, the Environmental Protection Agency issued another one of those announcements read exclusively by government bureaucrats and green policy wonks. The EPA decided to delay a decision to increase the concentration of ethanol legal in gasoline from 10% to 15%. So-called E15 fuel would have to wait for approval until November. It was a little-read regulatory decision that barely made a splash in the media. But it was also a rock thrown at Washington's hornets' nest of food and agricultural lobbyists. "We are disappointed," warned food giant Archer Daniels Midland. "We find this further delay unacceptable" and a...