EPA Says Its Ethanol Rules Aren't Driving Up Food Prices
The ethanol industry is happy with the Environmental Protection Agency today. If you're worried about the price of meat, though, you may not be so pleased. Even though corn is in short supply, because of this summer's historic drought, the EPA just announced that it will keep in place a federal rule that requires more than a third of the nation's corn to be converted into ethanol and blended into gasoline. A sign on the pump advertises the ethanol content of the gasoline as a motorist reaches for the gas pump in his truck at a filling station in Bellmead, Texas. A sign on the pump advertises the ethanol content of the gasoline as a motorist reaches for the gas pump in his truck at a filling station in Bellmead, Texas. Meat producers and anti-hunger advocates were outraged.
People:
Bruce Babcock
Overall Sentiment: 0.0362327
Relevance: 0.470005
| Sentiment | Quote |
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| 0.0659877 | "If you look at where gas prices are right now, it looks like it's in the interest of the gas companies to use ethanol," says Babcock. |
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Kriston Sundell
Overall Sentiment: 0
Relevance: 0.284242
| Sentiment | Quote |
|---|---|
| -0.349043 | Kriston Sundell, from ActionAid USA, predicted that "people around the world will go hungry due to spiking food prices while the EPA stubbornly clings to its misplaced faith in biofuels as a sustainable energy solution." |
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Wally Tyner
Overall Sentiment: 0.191349
Relevance: 0.2537
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Additional Info:
City: Bellmead
Overall Sentiment: 0.0148317
Relevance: 0.369495
StateOrCounty: Texas
Overall Sentiment: 0
Relevance: 0.352197
Disambiguation: Location | PoliticalDistrict | AdministrativeDivision | GovernmentalJurisdiction | USStateReferences:
FieldTerminology: gas companies
Overall Sentiment: 0.0151298
Relevance: 0.62525
FieldTerminology: gas pump
Overall Sentiment: 0.0520511
Relevance: 0.571686
FieldTerminology: oil companies
Overall Sentiment: -0.210525
Relevance: 0.402773
Organization: EPA
Overall Sentiment: -0.0854936
Relevance: 0.772147
Organization: Environmental Protection Agency
Overall Sentiment: 0.563062
Relevance: 0.339057
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Source Site: EPA Says Its Ethanol Rules Aren't Driving Up Food Prices
EPA Says Its Ethanol Rules Aren't Driving Up Food Prices
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The Environmental Protection Agency says it won't waive a law that requires much of the nation's corn to be refined into ethanol and blended into gasoline. Meat producers say this will drive up food prices, but the EPA says the "ethanol mandate" isn't at fault.
Source Site: EPA Says Its Ethanol Rules Aren't Driving Up Food Prices
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