News and Notes - May 14, 2008

US News

Corn production decline puts more pressure on ethanol industry
http://webstar.postbulletin.com/agrinews/294365492930091.bsp

Rising food prices prompt new ethanol bill
http://www.upi.com/NewsTrack/Business/2008/05/14/rising_food_prices_prompt_new_ethanol_bill/1716/

DuPont, Genencor form $140M ethanol venture
http://biz.yahoo.com/ap/080514/dupont_genencor.html?.v=2

Ethanol Economics Boosted By Pipelines - VeraSun CEO
http://www.cattlenetwork.com/Content.asp?ContentID=221118

Pacific Ethanol projects $36.2 million loss
http://www.fresnobee.com/updates/story/600525.html

Senator lists seven steps toward energy security in 5 years
http://www.ogj.com/display_article/328588/7/ONART/none/GenIn/1/Senator-lists-seven-steps-toward-energy-security-in-5-years/

The Whys and Hows of Energy Taxes
http://www.redorbit.com/news/business/1382602/the_whys_and_hows_of_energy_taxes/

Hannity Exposes Gore’s Connection to Ethanol and Higher Food Prices
http://newsbusters.org/blogs/noel-sheppard/2008/05/13/hannity-exposes-gore-s-connection-ethanol-higher-food-prices

Ethanol's value questioned: Some point finger at biofuel for soaring food prices
http://www.pjstar.com/stories/051308/BUS_BGJT80G8.027.php

BASF says seed sales with Monsanto to start in 2012 (Drought resistant corn seeds)
http://www.stltoday.com/stltoday/business/stories.nsf/healthcare/story/D42E2118774AB369862574490009CE7A?OpenDocument

Iowa retailers get help installing alternative fuel pumps
http://www.chicagotribune.com/news/chi-ap-ia-xgr-culver-fuels,0,4035809.story

Too "Complex"?
http://www.townhall.com/Columnists/ThomasSowell/2008/05/13/too_complex?page=2

International News

RPT-Law, not grain price, hits biofuel output –Abengoa (Interesting comments on how long it’s Spain plant could remain closed “frankly, it could be forever”)
http://www.reuters.com/article/marketsNews/idUSL1313019320080513