Word: gals
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Dates: during 2000-2009
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...planting corn and feeding cattle while work continues on the first of two multimillion-dollar corn-ethanol plants that could transform Yuma into one of the more vibrant alternative-fuel production centers in the Western U.S. The timing couldn't be better, with gasoline prices well over $3 per gal. as the summer driving season begins. But the choice of corn-based ethanol is one that might not play out in the energy future, from either an environmental or an economic standpoint...
...open in July. Another plant is scheduled to break ground later this year, according to Dallas-based Panda Energy International. Together, these operations, which represent $250 million in capital investment, plan to chew up at least 55 million bu. of corn each year and pump out 200 million gal. of what President George W. Bush, Corn Belt politicians, A-list investors and farmers hope will cut the U.S.'s reliance on foreign oil, clean up the air, slow global warming, promote rural job growth and all but turn water into wine...
...past century before hitting the Green Revolution's radar a few years ago, when it was added to the U.S. gasoline supply with the goal of reducing vehicle emissions. In January, when oil was passing the $55-per-bbl. mark, the President called for the production of 35 billion gal. of renewable fuels annually by 2017, which would reduce U.S. gas consumption 20%. The Energy Act of 2005 mandated a market for ethanol by asking refiners to churn out 7.5 billion gal. per year of the stuff...
Today 119 U.S. plants produce 6.14 billion gal. of corn ethanol a year, according to the Renewable Fuels Association (RFA), an industry trade group. An additional 86 plants are being built or are expanding, which could account for 6.4 billion gal. more a year. But William Tierney, a risk-assessment consultant with John Stewart & Associates who specializes in corn ethanol, estimates that an additional 400 projects in various stages of development could add 28 billion gal. to the RFA's conservative figures. Add 5 billion to 10 billion unannounced gal. that Tierney expects to hit the market...
Still, in Yuma County, where gasoline costs around $3.35 per gal. in recent weeks--ethanol E85 fuel was $2.43 per gal.--seldom is heard a discouraging word. Even Brad Rock, who is being hit hard by rising feed prices for the 4,000 head of cattle on his Box Elder Ranch in nearby Wray, admits that the ethanol projects "are good for the community from a jobs perspective...