Tag: petroleum industry

Governors Push for More E-85 at the Pump

Some governors want a high-ethanol blend of gasoline called E-85 to be more easily available to customers. That’s touched off a dispute with the oil industry. The GLRC’s Chuck Quirmbach reports:

Transcript

Some governors want a high-ethanol blend of gasoline called E-85 to be
more easily available to customers. That’s touched off a dispute with the
oil industry. The GLRC’s Chuck Quirmbach reports:


E-85 is 85 percent ethanol made from corn and 15 percent gasoline.
Because of tax subsidies, its pump price is much lower than gas, but only
certain vehicles can burn the fuel. The number of gas stations that offer
E-85 is small.


Some politicians from corn-growing states want more E-85 pumps – right
next to where traditional gasoline is available, but petroleum industry
spokesperson Erin Roth contends some consumers might put E-85 in the
wrong type of vehicle. He also says many stations can’t add another
underground storage tank.


“Or they’re gonna have to get rid of say mid-grade or premium and put in
E-85 and there’s just not the demand for it right now.”


But if gasoline continues to sell for around three dollars a gallon, ethanol
producers and their political allies say the public will push for more
alternatives.


For the GLRC, I’m Chuck Quirmbach.

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Canadian Businesses Rally Against Kyoto

A new coalition of Canadian business groups says their government’s plan to ratify the Kyoto protocol on climate change will destroy the economy. The Great Lakes Radio Consortium’s Karen Kelly has the story:

Transcript

A new coalition of Canadian business groups says their government’s plan to ratify the Kyoto
protocol on climate change will destroy the economy. The Great Lakes Radio Consortium’s
Karen Kelly has the story.


Petroleum producers, steel manufacturers and the Canadian Chamber of Commerce are among
the 25 industry groups who’ve joined together to oppose the treaty. The Kyoto Protocol would
require Canada to reduce its greenhouse gas emissions by six percent below 1990-levels over the
next 10 years.


Prime Minister Jean Chretien is calling on parliament to ratify the Kyoto Protocol by the end of
the year, but Thomas D’Aquino of the Canadian Council of Chief Executives says the plan will be
disastrous for industry.


“You can’t say there won’t be any more growth. We won’t build any more plants, we won’t build
any more factories because if you tried to do that, you’d have a revolution on your hands in this
country.


A Canadian government report estimated that the changes required could cost Canada 15-billion
dollars in lost growth and 200,000 jobs. The business leaders say it’ll be even worse.


For the Great Lakes Radio Consortium, I’m Karen Kelly.