Ethanol Week - February 28, 2011

Urbanchuck finds substantial economic impact from ethanol in 2010 More than 70,000 direct jobs are provided by the U.S. ethanol industry, and when total economic activity is considered more than 400,000 jobs are created, according to a study by Cardno Entrix economist John Urbanchuck. READ MORE SHARE
Vilsack keeps USDA's foot on the gas for biofuels development Secretary of Agriculture Tom Vilsack to sign MOU with Governor's Biofuels Coalition to further develop biofuels, tells conference attendees not to "take the foot off the gas" in terms of support for renewable fuels. READ MORE SHARE
	Oil drops below $100, ethanol trades 23 cents lower than gas Oil dropped more than $1 on Feb. 24 to $96.50 a barrel, down somewhat from a high of $103 a barrel--the highest it's been in two years. At the same time ethanol prices are 23 cents lower than gas, providing opportunities for discretionary blending. READ MORE SHARE
Clinton urges caution against increased biofuels production Former President Bill Clinton drew quick criticism from the ethanol and corn industries following comments made relating biofuels production to food shortages. READ MORE SHARE
Buick Regal introduces direct inject turbo FFV in US Buick has introduced a flex-fuel vehicle that combines power and fuel efficiency. The 2011 Buick Regal Turbo packages turbo charging with direct injection and, new this year, flex-fuel capability. READ MORE SHARE
DuPont exec: Company to become renewables 'powerhouse' by 2015 DuPont Applied BioSciences President Craig Binetti said Dupont expects the biofuels industry worldwide to grow by $25 billion in the next five years and it plans to contribute to the expansion through its cellulosic ethanol and biobutanol ventures. READ MORE SHARE
Otter Tail Ag plant purchased by GPRE for $55 million Green Plains Renewable Energy Inc. was the only bidder for Otter Tail Ag Enterprises LLC, winning approval from bankruptcy court to purchase the 55 MMgy plant for $55 million on Feb. 17. When the purchase is complete the company will own nine plants. READ MORE SHARE
RFA head covers challenges ahead in state of industry address The ethanol industry faces numerous challenges, as it has in the past, RFA's Bob Dinneen said in opening remarks at the National Ethanol Conference. U.S. DOE Sec. Steven Chu expressed his support for corn ethanol in videotaped remarks to the NEC. READ MORE SHARE