When you want oil, you ask a geologist. When you want ethanol, you ask a farmer. Helping Louisiana farmers balance their productive portfolios of crops for food and fuel is a good hedge for all of us. As in any industry, some incumbents will resist the development of a new emerging market on their embedded assets asÂ a matter of course. The issues raisedÂ by the Mid-Continent Oil and Gas Association are not mean-spirited in my view but instead areÂ those that should be answered in the debate. They will be and if the bill is signed, I'm sureÂ the commissioner and industry will figure out how to make it work.
If the bill is not signed, the demand and supply of ethanol will continue to grow.Â We need all the liquid fuels we can get our hands on. The President of the United States has recognizedÂ it. Those in the state who had a bad experience when the nearly faddish fuel gasohol marketÂ in the '80s rose and fellÂ will cite a number of reasons why ethanol is not ready for prime time. In the 25 plus years since its introduction, with increasedÂ crop yields, market infrastructure, and industry efficiencies,Â acceptability has grown appreciably from a boutique fuel in the cornbelt Midwest to a real industry, spreading nationwide and supplying nearly 5 billion gallons this year. The oil industry has continually proved technological advances in the vertically integrated oil business; the renewableÂ ethanol business is doing the same.
"Odom's Bill" is helping toÂ educate our citizens aboutÂ growing bothÂ the carbon and carbohydrate industries in Louisiana. Brazil, confronted with 80 percent of its oil imports being cut off in the first Arab embargo in 1973, began its march to produce ethanol and persevered with it through the second Iranian embargo in 1979 and now has weathered $70-a-barrel oil prices. Their miracle crop? Sugar cane.
We may never accomplish complete energyÂ independence, but we can sure hedge our risks with all theÂ renewable resources we can muster. Farming and oil industryÂ men and women will figure it out. Our goal is to continue to do as Henry Ford once pondered ' how to now build the delivery structure so ethanol is readily available to the motoring public as seamlessly as gasoline.
Thinking himself the “son of God,” the man charged with the 2013 killing of an officer of the Chitimacha Tribal Police will not stand trial following a ruling Thursday on his mental competency.
Either Saints coach Sean Payton doesn't want to tip Baltimore off as to who'll start in New Orleans' secondary on Monday night, or he really doesn't know yet.
Friday's Blogs from the Bog!
Ten departing CEOs rake in $430 million; profile of FSU gunman emerges; Buffalo's weather woes and more national and international news for Friday, November 21, 2014.
The Ethics Board gives the lame duck Youngsville mayor permission to offer a sweet parting gift to the community he’s presided over for three terms.
The money came through a general obligation bond sale Thursday.
A legend in the Acadiana Oil Patch, Comeaux died Monday, Nov. 17.
With a growing number of alleged sexual assault victims coming out against Bill Cosby in recent weeks, upcoming projects have been canned by NBC and Netflix, but that won’t affect the once-loved comedian and actor’s scheduled performance in Lafayette.
The Baltimore Ravens' retooled secondary had no trouble against a rookie quarterback at home. This week, however, their task is far more challenging: stopping Drew Brees on the road in New Orleans.
Add Texas Gov. Rick Perry's name to the list of possible Republican presidential candidates flooding the campaign trail for GOP Senate candidate Bill Cassidy.
Gov. Bobby Jindal is in Florida this week with his fellow Republican governors for another gripe session aimed at their favorite target, the president, this time taking aim at his immigration plans.
Early voting for the runoff is shortened by two days because of the Thanksgiving holiday.
“Coach Don” Gagnard is running for school board. Today he offers his critique of the socioeconomic relationship between government subsidies and obesity.
Former Le Rosier chef who cooked at the James Beard House and was named one of the “Best New Chefs in America” by Food & Wine magazine in 1995 was 48.
Pat Cooper is contesting his termination by the LPSB, filing a petition Tuesday that calls the recent decision “arbitrary and capricious.”
A look at the numbers highlights the challenge facing Louisiana Sen. Mary Landrieu as she tries to win a fourth term in a Dec. 6 runoff against Republican Rep. Bill Cassidy.
Incoming Senate Majority Leader Mitch McConnell is promising the new Republican majority will quickly resurrect Keystone XL pipeline legislation killed by Democrats, potentially setting up an early 2015 veto confrontation with President Barack Obama.
A national animal rights group has been rebuffed by a Baton Rouge district court judge, although the group might still get its day in court.
The administration says public college campuses won't be on the chopping block.
The legendary musician is performing at a $1,000-per-person fundraiser Dec. 1 in New Orleans.
Old savings and checking accounts, payroll checks, stocks and dividends, insurance proceeds, oil and gas royalty payments and other unclaimed money is sent to the state when a business cannot locate someone.
The time since the literacy test was issued — 50 years — represents nearly a fourth of our country’s history, and it’s that narrow timeframe that keeps the legacy of this document alive.
“Coach Don” Gagnard is running for school board. Today he ruminates on the work ethic of the poor.
Tulsa forced the Ragin Cajuns to commit 25 turnovers for the game.
A New Iberia man has been sentenced for traveling to the state of North Carolina to have sexual contact with a child.