15 Quotes by Bob Dinneen
- Author Bob Dinneen
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There are detractors of ethanol, who given the opportunity, always like to blame ethanol. The facts suggest otherwise.
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Our industry is adding capacity at a phenomenal rate and will be able to adequately supply ethanol to the markets that need it.
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People look and see what's happening with worldwide oil supplies and it is a cause for concern. People realize the era of cheap oil is over.
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I think everybody is realizing that (the era of) cheap oil is done.
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We are pleased that President Bush recognizes the need to move the country toward an energy future that is less reliant on unreliable and increasingly costly foreign sources of oil.
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We are expanding rapidly and will continue to do so with comments like the president made last night. It sends a very strong signal to our industry, financial markets that the future for ethanol is secure.
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We have a 140 billion gallon gasoline market.
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E85 is going to be a much more significant market for us down the road. But you have to get more vehicles on the road that can use E85, and you need more outlets.
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- Author Bob Dinneen
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Ethanol makes up only 10 percent of a gallon of gasoline. If gasoline prices are up 36 cents, then ethanol would only make up 3.6 cents of that. And 85 percent of users have long-term contracts that are significantly below the spot-market prices.
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