On the recordJanuary 18, 2007
What we are doing is recapping much of what took place in the Energy Act of 2005, and in that act, the $8 billion that was set aside and designated for alternative fuels development, the reason that was done was because the Republican House leadership knew and the Senate agreed and the President agreed that beginning some alternative fuels development was very, very important. It was something that needed to be done. Great ideas needed to be brought to the table. I think what the gentleman is saying is so very significant, and I want to highlight it because I appreciate so much the fact that you are bringing it forward, that whether you are looking at the blended fuels and ethanol and biodiesel, all of that is coming on line. If I understood the gentleman correctly, what we have seen over the past 18 months is generation capacity of these alternative fuels, fossil-based fuels and blends. What we are seeing is hundreds of millions of gallons available at the retail level every year. This will increase every year.
Source
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