March 31, 2010
Fed Loan Guarantee for Ethanol Pipeline Bill Introduced (DTN)
NEW YORK (DTN) -- Two members of Congress have introduced a bill that would expedite the construction of a pipeline that would ship ethanol from Midwest production plants to consumers in the Northeast.
If passed, the legislation -- the Renewable Fuel Pipeline Act of 2010, H.R. 4674, sponsored by Reps. Leonard Boswell, D-Iowa, and Lee Terry, R-Neb. -- would ensure two things. First, the federal government would provide loan guarantees for the project, which is being carried out by the nation's top ethanol producer POET and products pipeline operator Magellan...Read More
