ethanol

Wednesday, June 4, 2008                                            Contact: Andrea Wuebker/Laena Fallon

GREGG INTRODUCES BIPARTISAN MEASURE TO REDUCE TARIFF

ON IMPORTED ETHANOL TO HELP LOWER GAS PRICES

Measure would help provide U.S. refineries with increased access to
cheaper and more climate-friendly ethanol

            WASHINGTON – U.S. Senator Judd Gregg (R-NH) today introduced a bipartisan measure with Senator Dianne Feinstein (D-CA) to reduce the tariff on imported ethanol. If passed, the legislation would allow U.S. refiners to purchase cheaper and more climate-friendly ethanol from foreign sources, which could then help lower gas prices.

FOR IMMEDIATE RELEASE:                          CONTACT: BARBARA RILEY

5/7/08                                                          202-224-2841

                                                                LIZ CHAMBERLIN

                                                                603-430-9560

SUNUNU: CORN-BASED ETHANOL PRODUCTION HURTS

NATION’S ECONOMY AND ENVIRONMENT

Comments at Capitol Hill hearing

on impact of fuel subsidies on the price of food

WASHINGTON, DC – United States Senator John Sununu (R-NH), a member of the Senate Homeland Security and Governmental Affairs Committee (HSGAC), today (5/7) underscored the damaging impact of corn-based ethanol production policy on the nation’s economy and environment at a Capitol Hill hearing on Wednesday morning.