NEC 2013 - Bob Dinneen Delivers State of the Industry Address
February 02, 2013
Opening the 18th annual National Ethanol Conference in Las Vegas, RFA President and CEO Bob Dinneen declared that the state of the ethanol industry can be summed up in five words: "Under siege and fighting back!" He states that the industry is fighting on three fronts: Defending the RFS, promoting E15, and expanding U.S. ethanol overseas. With the challenges of 2012 in the rear-view mirror, he says, ethanol has been able to support over 380,000 jobs, contribute $43 billion to the GDP, substantially reduce greenhouse gases, and save consumers up to $1.09 each at the pump. The real story of 2012 isn't that the industry got knocked down, he says, but rather that it kept on bouncing back.