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Governors' Biofuels Coalition
NEWS UPDATE January 5, 2012

Oil Price Would Skyrocket if Iran Closed the Strait of Hormuz

CLIFFORD KRAUSS  •  New York Times  •  Posted January 5, 2012

If Iran were to follow through with its threat to blockade the Strait of Hormuz, a vital transit route for almost one-fifth of the oil traded globally, the impact would be immediate: Energy analysts say the price of oil would start to soar and could rise 50 percent or more within days. [ read more … ]

Ethanol industry sees a victory in caucus results

PHILIP BRASHER  •  Des Moines Register  •  Posted January 5, 2012

Corn growers and ethanol producers have long counted on the Iowa caucuses to guarantee the industry had political clout in Washington. There was little in the results Tuesday that should be disappointing. [ read more … ]

Georgians on the hook for failed ethanol facility

Dan Chapman  •  The Atlanta Journal-Constitution  •  Posted January 5, 2012

Range Fuels, the failed wood-to-ethanol factory in southeastern Georgia that cost taxpayers $70 million, was sold Tuesday for pennies on the dollar. Its buyer is a company that is backed by the same man who bankrolled and helped secure government loans for Range Fuels before it went bust last year. [ read more … ]

API aims to make energy a key election issue

Katie Howell  •  E&E  •  Posted January 5, 2012

The oil and gas industry wants to thrust energy issues to the forefront of this year’s presidential and congressional campaigns. [ read more … ]

Note: News clips provided do not necessarily reflect the views of coalition or its member governors.