Quotes by Monte Shaw

“You cant just pour it in - it needs to be done at blending facility.”

“Youre looking at basically doubling the production amounts, but the impact on Archer Daniels Midland depends on whether they increase their production capacity.”

“Theres no doubt that as ethanol use and ethanol production continues to grow thats going to put an upward pressure on corn prices,”

“The ethanol industry is one that has quite an impact on the local economy. One-third of all the gasoline in the country contains ethanol. Whats more ethanol is added at local terminals. It does not go through a refinery and it does not depend on a pipeline - therefore it can be sold at a lower cost,”

“If you had to replace the ethanol used today with crude oil, there would be at least a 30 percent increase in the cost of gasoline, ... Because ethanol is sold under long term contracts under a fixed price, the ethanol being put into gasoline today is the same price as it was three months ago.”

“We are proud to welcome Corn, LP as the 21st ethanol plant in Iowa. This plant is a showcase of the continuing innovation and improvement in the ethanol industry.”

“I think Iowa can be the tip of the spear. We have a unique opportunity.”

“Its a pretty interesting time.”

“Generally speaking, the proposals fall into three categories.”

“The House plan doesnt have any accountability and has a lower standard. I dont think its very aggressive at all.”