GoodFuels

GMA launches anti-ethanol campaign

It’s official: the Grocery Manufacturers of America have launched a PR effort aimed at reducing the renewable fuels standard, according to Bloomberg News, via the Houston Chronicle.

According to the article, GMA and its partners want to push the idea that “rising corn-based ethanol production is pushing food costs higher.”

Adding industry muscle to fight a federal requirement to about double ethanol production to 15 billion gallons by 2015 may slow the increase, helping company profits and easing consumer prices, said grocery association chief Cal Dooley.

“We are calling on Congress to step back and re-evaluate our biofuels policy, which is distorting the marketplace and harming the environment and consumers,” Dooley, a former Democratic congressman from California, said in an interview before the campaign was officially unveiled today.

Preying on American consumers when marketplace confidence is low is not admirable. GMA is clearly conspiring to further its own agenda with no regard for the skyrocketing price of gasoline.

As we all know, removing ethanol from gasoline blends will increase gasoline prices even further. Who wants $6/gallon gasoline?