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Be Thankful For The Ethanol Industry
By Mr Ethanol | October 13, 2008
Ethanol Producer Magazine:
With the Thanksgiving holiday quickly approaching, many find themselves stopping to reflect on the past year and what they have to be thankful for. While those of you who drive America’s ethanol industry reflect, also take the time to appreciate the contributions you’re making to America’s energy future, for which all of us are thankful.
It is ethanol that is reducing our dependence on foreign oil and increasing our ability to control our energy security future. The 6.5 billion gallons of ethanol produced in 2007 displaced the need for 228 million barrels of imported foreign oil. 
Ethanol is also adding volume to the market at a time when supplies are low and prices are high. For example, Bear Stearns analyst Nicole Decker estimated in early 2008 that the 400,000 barrels of ethanol produced daily in 2007 could displace the gasoline output from two to three average oil refineries.
It’s America’s ethanol industry that is creating a nutrient-rich animal feed as a coproduct of ethanol production. According to a recent study, the U.S. ethanol industry provided 23 million metric tons of livestock and poultry feed to the world last year, or nearly three times the amount of wheat, sorghum, barley and oats fed to U.S. livestock in the 2007-’08 marketing year. In other words, the amount of feed produced by the ethanol industry in 2007-’08 is roughly equivalent to the total amount of feed consumed by cattle last year in Texas, Kansas, Nebraska and Colorado—the nation’s four largest feedlot states.
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