WASHINGTON – Today, Growth Energy released the following statement regarding the U.S. Energy Administration's recent report on oil use in America:

The U.S. Energy Administration (EIA) recently released, its Annual Energy Outlook, 2009 projecting U.S. energy consumption and production through 2030. Due to the use of biofuels, oil use has become flat and will continue to remain flat as biofuels use continues to increase. However, the ‘consensus' from several media outlets is, ‘EIA report says ethanol production will fall short of RFS in 2010.' To the unbiased observer, the real news has been overlooked.

Historically, the ethanol industry has risen to the challenges presented by a volatile world oil market. When oil prices hit historic highs, several economic reports cited ethanol's role in helping to reduce all-time high gas prices by at least 15 percent. When several areas across the country were affected with severe weather which incapacitated several oil refineries, ethanol was able to fill the gap between consumer demand and availability. And as more biofuels are needed, specifically in the area of cellulosic ethanol as outlined in the RFS, the ingenuity of the American ethanol industry won't let us down.

The ethanol industry continues to move forward on the commercialization of cellulosic ethanol, spurred by the growth and development of the corn-ethanol industry. We will continue to be an integral part of America's quest for energy security. By investing in the future and banding together, we can reduce our dependence on expensive foreign oil, but energy independence will take all of us. It will require conservation, choosing clean renewable fuels such as ethanol and investing to find new domestic renewable energy resources. We look forward to the 2010 Energy Outlook which will again highlight America's reduced need for foreign oil due to biofuels.


About Growth Energy

Growth Energy is a group committed to the promise of agriculture and growing America's economy through cleaner, greener energy. Growth Energy members recognize America needs a new ethanol approach. Through smart policy reform and a proactive grassroots campaign, Growth Energy promotes reducing greenhouse gas emissions, expanding the use of ethanol in gasoline, decreasing our dependence on foreign oil, and creating American jobs at home. More information can be found at GrowthEnergy.org.

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What exactly is ethanol, and how does it compare to gasoline? Dr. Andy with the facts here. https://t.co/oOM9j0qmtz

via @GrowthEnergy

The Renewable Fuel Standard is the law, and it continues to provide opportunities and benefits for our rural communities, farmers, and biofuel producers. Rep. @RodneyDavis speaks here on why biofuels is so important in his state. https://t.co/T5acaLFRDS

via @GrowthEnergy

Biofuels offer a clear path to reducing greenhouse gas emissions while driving economic growth & creating jobs in #MN02. I introduced a bill to increase biofuel blending while pushing back on small refinery waivers, which are nothing but a handout to big oil. #MNFarmfest

via @AngieCraigMN

The Dept of @ENERGY recommending even partial gap year waivers to big oil is an affront to the 10th circuit court ruling and another blow to the #RFS. The @EPA must now follow the court’s ruling and deny ALL gap year waiver requests. https://t.co/8EgslvY0vF

via @daveloebsack