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Governors' Biofuels Coalition
NEWS UPDATE March 8, 2012

Excerpts from Remarks by the President on Energy — Mount Holly, NC

Excerpts President’s Energy Speech  •  White House Press Office  •  Posted March 8, 2012

Here is the truth. If we are going to control our energy future, then we’ve got to have an all-of-the-above strategy. We’ve got to develop every source of American energy — not just oil and gas, but wind power and solar power, nuclear power, biofuels. We need to invest in the technology that will help us use less oil in our cars and our trucks, in our buildings, in our factories. That’s the only solution to the challenge. Because as we start using less, that lowers the demand, prices come down. It’s pretty straightforward. That’s the only solution to this challenge. [ read more … ]

What Makes Gasoline Prices Go Up?

FELICITY BARRINGER  •  New York Times  •  Posted March 8, 2012

On the day after Super Tuesday, the federal Energy Information Administration came out with a striking fact: in 2011, the United States, for the first time since 1949, exported more petroleum products than it imported. On the big primary voting day, the same agency delivered news that might be even more relevant to current campaign oratory: the rise in gasoline prices is expected to continue. Its short-term forecast seemed particularly bleak: “During the April through September summer driving season this year, prices are forecast to average about $3.92 per gallon with a peak monthly average price of $3.96 per gallon in May.” [ read more … ]

President Pushes to Add More Credits for Hybrids

JACKIE CALMES  •  New York Times  •  Posted March 8, 2012

President Obama on Wednesday proposed sweetened tax incentives and subsidies to spur the market for alternative-power cars and trucks, promoting his “all of the above” energy strategy while warning against other politicians’ “quick fixes” to the latest spike in gasoline prices. [ read more … ]

New Hampshire House: Ban ethanol in gasoline

  •  Associated Press  •  Posted March 8, 2012

New Hampshire’s House has voted to ban corn-based ethanol as a gasoline additive. The ban would not take effect unless at least two other New England states do the same. A similar proposal has not been approved in the rest of the region. [ read more … ]

Greens sue EPA over leaded gasoline for airplanes

Gabriel Nelson  •  E&E  •  Posted March 8, 2012

A coalition of environmental groups filed a lawsuit today challenging the use of lead in aviation gasoline, saying that U.S. EPA has not moved swiftly enough to stop the last remaining use of the toxic heavy metal in transportation fuel. [ read more … ]

Spike in Food Prices Projected by 2013

JOANNA M. FOSTER  •  New York Times  •  Posted March 8, 2012

In 2008 and in 2011, the world was rocked by riots and by revolutions coinciding with spikes in food prices. Now researchers are projecting that by 2013, food prices will soar to unparalleled heights, causing widespread hunger in the most vulnerable populations and social unrest, with an enormous potential for loss of human life. The computer modeling that generated the prediction of a food crisis was first published by the New England Complex Systems Institute in September. The modeling has gained considerable credibility by accurately predicting food prices over the last 10 months. The research indicates that the crucial factors behind food price increases are the conversion of corn crops to ethanol and investor speculation on the agricultural futures market. [ read more … ]

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