'Renewable' Legislation Fuels Optimism; Bill Could Help Create a Production Increase in Gallons of Ethanol

Summary

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As we watch gasoline prices in the tri-state area climb higher than $2 per gallon, we can only hope for passage of renewable fuels legislation at the state and federal levels.

Bipartisan federal legislation that would increase the production of domestic renewable fuels was introduced in the U.S. Senate on March 16 by Sen. Tom Harkin, D-Iowa, and Sen. Richard Lugar, R- Ind.

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Extract

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'Renewable' Legislation Fuels Optimism; Bill Could Help Create a Production Increase in Gallons of Ethanol

The bill would more than double the production and use of domestic renewable fuels, including ethanol, biodiesel and fuels produced from biomass.

The legislation would create a Renewable Fuels S...

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