Newt Gingrich Speech about Growth Energy

Newt Gingrich visited the POET, LLC office in Sioux Falls, SD in March of 2009. During his visit he met with POET staff, toured the POET office and lab space and spoke to the entire POET Team.

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[poettv]

Thanks for watching! Despite the fact that oil is highly subsidized, POET supports the Fueling Freedom Plan, which calls for the ethanol tax credit to be scaled back. That money would be reinvested for a short time to build infrastructure such blender pumps, which allow choices of no ethanol, 30% ethanol, 85% ethanol and blends in between.

That, plus more flex fuel vehicles, would allow ethanol to compete on a more level playing field. We want drivers to decide.

[z44sms]

Anything subsidized is a tax. If Feds didn't stop us. We have billions of acres to drill. You take away from food production for feed animals which drives prices up for all Americans. The ratio for ethanol energy returned is 1:1.38. Fossil fuels 1:5 The real problem is we have FEDs control over 40% of United States land mass unable to drill on. Here's a map this does not include the local or ocean bans of EPA. Goto Wiki Pedia type Federal Land.