GoodFuels

More About FUEL

First of all, you have to love the name of this ethanol group - FUEL, short for First United Ethanol LLC. Not only is it a clever acronym, but located in the deep South Bible belt, it conjures up images of good, old-fashioned, tent-revivalist, evangelical Protestant religion - which is a good thing when you are preaching the “good news” about ethanol.

Here is a great post from Southeast Agnet about FUEL CEO Murray Campbell’s sermon on ethanol this week at the Georgia Agribusiness Council luncheon in Atlanta.

The question was posed, how many people walked to this meeting room today? Only two of the 30 or so attendees to the Horizon Luncheon Series presented by the Georgia Agribusiness Council raised their hands. Murray Campbell, CEO of First United Ethanol LLC (FUEL), knew he had captivated his audience of Georgia agri-leaders.

Campbell quoted the staggering numbers that make up America’s dependence on foreign sources of energy and talked about the 100 million gallon per year corn ethanol plant FUEL is building in the southwest corner of Georgia.

Murray agrees that there are some challenges to corn based ethanol and does not think it is the whole solution, but certainly part of it. He says that many of the charts that often give corn based ethanol low marks on efficiency do not take into effect what will be put back in the market. Murray ended the seminar by quoting Governor Sonny Perdue, “Corn based ethanol is not the silver bullet, but instead maybe a silver buckshot.”