News and Opinion: News Release Archive

06/26/2006
Just the Facts: Ethanol Markets

As Americans are seeking to find the causes of continued high gas prices, many are incorrectly attributing the increases at the pump to the increased spot market price for ethanol.  To do so ignores the realities of the ethanol market and the small role the spot market plays.

For instance, the spot market for ethanol represents just 5-15% of the overall ethanol market in the U.S.  The vast majority of ethanol is sold on long-term contracts at prices far below spot market levels.

To learn more about how the ethanol market works, click HERE.

06/16/2006
Ethanol Boom Means Jobs and Increased Income for Nebraska

The Nebraska Ethanol Board estimates that by 2007, more than two thousand Nebraskas will work at one of the state's ethanol plants. Click here to read more.

05/23/2006
E Energy Adams Ready to Break Ground

A groundbreaking ceremony for the E Energy Adams ethanol plant to be constructed near Adams is scheduled for 2:30 p.m. Friday, June 2, company officials announced Monday.

The plant is expected to employ nearly 35 workers at a total annual payroll of about $1.4 million. In addition to a positive impact on the local and area economy, Alderman has said local corn producers could expect at least a nickel increase on their price per bushel as a result of the plant.

The plant is projected to use 50,000 bushels of corn a day and 19 million bushels of corn a year.
BeatriceDailySun.com

05/17/2006
Alternative Fuel Vehicle Refueling Property Credit

In August of 2005, President Bush signed the Energy Policy Act of 2005. The act provided for the first ever federal income tax credit for the installation of E85 fueling systems. The infastructure development provision provides a 30% federal income tax, up to $30,000 per property, to install alternative fuel dispensing systems. In May of 2006, the Internal Revenue Service (IRS) published Form 8911, Alternative Fuel Vehicle Refueling Property Credit.
To read more, click here.

04/24/2006
Mid American Agri Products Breaks Ground at Cambridge

The Nebraska Ethanol Board congratulated Nebraska-based Mid American Agri Products for breaking ground on a new 44 million gallon per year ethanol plant near Cambridge, NE.
To read more, click here.