Federal Funding Sought for Ethanol Pipeline

Tuesday, March 30, 2010

Source: Omaha World Herald

Terry, R-Neb., and Boswell, D-Iowa, recently introduced a bill that would provide federal loan guarantees for the massive $3.5 billion, 1,800-mile project guarantees that the project's backers say are critical to making it a reality.

Terry said the bill would extend to ethanol pipelines the same types of federal loan guarantees available to oil and gas pipeline projects.

“It's only fair,'' Terry said during a press conference with Boswell at Southwest Iowa Renewable Energy, a Bluffs ethanol producer.

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