The Russian invasion of the Ukraine has driven gas prices to record highs. The steep cost of filling the gas tank has forced many Americans to reconsider summer vacation plans, new car purchases, and family budgets. As more and more Americans consider ways to save money at the pump, conversations regarding ethanol and other biofuels have increased.

The ethanol industry has long been a driver of the South Dakota economy. Half of the state’s corn is consumed by the biofuels sector, making it critical to the health and success of the state’s agricultural community. Nationwide, the ethanol industry supports 360,000 jobs and contributes more than $45 billion to the annual GDP. Farmers benefit handsomely from this sector because it consumes 40 percent of corn produced nationwide and provides a $14 billion boost to grain markets.

(1) comment

Larry Skow

Absolute waste of food product to make biofuel to run a ICE. Performs miserably--less fuel mileage. Wastes valuable ground water with needed irrigation. More dangerous Herbicides/chemicals are used plus run off to pollute. There are really no benefits to mankind/environment. Plus it will be moved aside anyway due to EV's. Be Better off to just shut the CO2 spewing plants down now.

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