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| Oregonian's Over a Barrel--Where will the price of gas stop? |
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GLOVER PARK
GROUP'S SMEAR CAMPAIGN AGAINST FOOD PRICES AND METHANOL PRODUCTION By SDIII EUGENE, OREGON--(May 18, 2008)-- It's been a perfect storm situation for the corn producers, oil companies, and commodities speculators with the methanol producers and the average citizen getting caught in the middle. A report filed by ROLL CALL uncovers the who and why behind this smear campaign and I'm sure big oil is jumping for glee. Glover Park Groups proposal response is duly noted ..but they would rather not see this become public....TOO LATE NOW. The Capitol Hill publication Roll Call has revealed that the nations largest food corporations have been waging war on ethanol over the past few months.
Among the documents obtained by Roll Call was the GMA's proposal request to build a groundswell in support of freezing or reversing some provisions of the 2007 Energy Bill and for the elimination/reform of ethanol subsidies and import restrictions. Glover
Park Groups proposal response included the
number one objective to Obliterate whatever intellectual justification
might still exist for corn-based ethanol among policy
elites. RFA at RFS Hearing![]() As the House Subcommittee on Energy and Air Quality heard testimony regarding the Renewable Fuels Standard (RFS) on Tuesday, oil hit yet another record high of $122 a barrel. RFA president Bob Dinneen reminded the committee of that several times during the hearing, having to correct his own pre-prepared remarks, Mr. Chairman, the RFS made sense when you passed it in December and prices were $90 a barrel, Dinneen said. "It makes more sense today with crude oil prices at $120 a barrel. I'm sorry, just while this hearing has been going on, the market has increased and we're now looking at $122 a barrel oil." Ethanol is the only tool we have today that
can address the nations most serious economic issue our dependence on
imported oil and the rising price of gasoline and crude oil." he
said.
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