WASHINGTON – National Farmers Union (NFU) President Roger Johnson issued the following statement ahead of a potential vote in the U.S. Senate on an amendment by Sen. Tom Coburn that would retroactively end support for ethanol. NFU joined a coalition of agriculture and renewable energy organizations in sending a letter to Senate leadership today opposing the measure.
“NFU is strongly opposed to the amendment by Sen. Coburn to kill the best alternative Americans have to overpriced foreign oil. According to an Iowa State University study, ethanol currently provides American consumers nearly a dollar in savings at the pump for every gallon of fuel they purchase. At the same time, ethanol is breathing fresh air into our rural economies and creating jobs.
“The Coburn amendment would accomplish one thing: protect the profits of big oil at the expense of rural America and consumers. We call upon the Senate to vote down this ill-conceived amendment and to pursue a legislative alternative that provides a more rational approach.”