Dinneen: Ethanol helps lessen impact of unstable oil markets

04/11/2011 | Google

U.S. ethanol production has little to do with elevated food prices across the world, but it plays an important role in U.S. efforts toward energy independence, said Bob Dinneen, president and CEO of the Renewable Fuels Association. "Ethanol is the only thing we have today to moderate skyrocketing prices of gasoline and crude oil," Dinneen said. "If the chaos in the Middle East teaches us anything, it should be that America must forcefully begin down the path of energy self-reliance."

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