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.
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.
By doing this, the president recognizes that the future of ethanol is not just as a blending component, but as a replacement fuel.