Growth Energy: Country is Ready to End Subsidies to Oil

first_img By Gary Truitt – Mar 29, 2012 Growth Energy: Country is Ready to End Subsidies to Oil “We agree it’s time for all energy industries to compete on a level playing field. That’s why our industry came to the table two years ago with a plan to wind down our subsidies in exchange for market access. It’s time for the oil companies to do the same,” Buis said. “And we agree with the President that if taxpayers are going to invest in anything, it should be clean energy, like ethanol. American ethanol creates U.S. jobs, is proven to reduce emissions, and strengthens our national security by reducing our dependence on foreign oil.” SHARE Following remarks by President Obama today that challenged the logic behind taxpayer subsidies of the oil industry, Growth Energy weighed in with a statement noting that U.S. ethanol had agreed to forego its major subsidy nearly two years ago.  “The oil companies are enjoying deep taxpayer subsidies despite that industry’s historic profits and near-monopoly-control of the motor fuels market,” said Tom Buis, CEO of Growth Energy, who attended today’s Rose Garden remarks by the President. Facebook Twitter High oil prices continue to drain billions from American pocketbooks with every jump in costs at the gasoline pump. At the same time, as President Obama pointed out in his remarks today: “…on top of these record profits, oil companies are also getting billions a year in taxpayer subsidies – a subsidy they’ve enjoyed year after year for the last century.” SHARE Buis said: “Growth Energy agrees with an all-of-the-above strategy, because when we can compete against foreign oil, we can beat foreign oil. Ethanol today is trading at more than a buck-a-gallon cheaper than the cheapest form of gasoline out there, meaning the more ethanol we pump, the lower the price at the filling station. Roll in our domestic job creation, the fact that ethanol is a proven smog-cutter, and that is fosters energy independence, and we beat oil hands down.” Facebook Twitter Previous articleTalks Under Way To Release Oil ReservesNext articleUS Corn Planted Acreage Up 4 Percent from 2011 while Soybean Acreage Down Gary Truitt In his remarks, the President outlined a plan that would increase the investments in clean energy while maintaining support for production of oil and gas in the United States, a plan which Obama called his “all of the above” energy strategy. Home Energy Growth Energy: Country is Ready to End Subsidies to Oillast_img read more

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Pen-pal program flourishes

first_imgStudents craving handwritten correspondence in the age of digital communication can join the Literacy Awareness Club of Notre Dame (LAND) and exchange personal letters with middle-school children in South Bend. Senior Emily Yates, president of LAND, said the program began in 2011 to reach out to children in the community. “Our goal is to help improve the rate of literacy in South Bend and in the United States by spreading awareness about low literacy rates,” Yates said. “We focus on programs for children, since they impact future literacy rates.” Yates said the pen-pal program currently pairs about 40 Notre Dame students with pen pals from the sixth grade class of Brown Intermediate Center. “As this is one of our most popular programs, we hope to expand it to more children here in South Bend, and perhaps even neighboring communities,” Yates said. Notre Dame students write pen-pal letters every other week, which gives the middle-school students a week to respond, Yates said. “Many letters include pictures, drawings, stickers and even small gifts,” Yates said. “We have a location in LaFortune where LAND members drop off the letters, and our club delivers them to a contact with the school.” Yates said the pen-pal program is just one of the four main volunteering activities LAND sponsors. Members also volunteer at the Robinson Community Learning Center, the Boys and Girls Club, the St. Joseph County Public Library and the Hesburgh Library. “As president of LAND, I get in contact with local libraries and places that work with children and coordinate ways for people in LAND to volunteer,” Yates said. “Members of LAND sign up for whatever events they can attend as they become available.” The largest volunteering opportunities are the Open Book Festival in the fall and One Book, One Michiana in the spring, Yates said. The Hesburgh Library and the St. Joseph’s County Library host these events together. “I hope to get plenty of volunteers to sign up for our events with One Book, One Michiana that will be happening in April,” Yates said. “I also hope to begin to organize the election process for choosing a new cabinet for next year and to continue to expand the club to get even more people to sign up for events.” Yates said the club hopes to offer more volunteering opportunities to better serve the community. “We can try to make a difference in St. Joseph County by promoting literacy awareness and working with children to change the future of our local community,” she said.last_img read more

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