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IN DEFENSE OF ETHANOL?EUR?

Published: Thu. May 3rd, 2012

Just in case the cost savings at the pump isn’t enough to motivate the average consumer to try a higher blend, don’t forget about the energy security and environmental benefits of America’s homegrown fuel.

Use these facts and figures the next time you get a question about ethanol’s benefits.

  • At the end of 2010, the ethanol industry comprised approximately 200 plants in 26 states with a capacity of 13.8 billion gallons.
  • In 2010, we made and used enough ethanol to displace the need for 445 million barrels of foreign oil.  This is the equivalent of 13 percent of total U.S. crude oil imports.
  • The value of the crude oil displaced by ethanol amounted to $34 billion in 2010.
  • Economic impact looks at how much the industry put into the economy in direct expenditures.
    • $1.4 billion in capital expenditure for new construction
    • $23.9 billion for ongoing production expenses
    • $1.5 billion for research and development
  • The ethanol industry supported more than 400,000 jobs in all sectors of the economy in 2010.
  • The economic activities of the ethanol industry put $36 billion into the pockets of Americans in 2010.
  • The ethanol industry delivered $8.6 billion in federal taxes and $4.8 billion in state and local revenue in 2010.
  • Using ethanol in place of gasoline helps reduce CO2 emissions.
  • In 2010, ethanol use cut greenhouse gas emissions by 21.9 million tons.  This is like removing 3.5 million vehicles from the road.
  • For every unit of energy going into ethanol, 2.3 units of energy are now produced.

 
 
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