Challenging E-15 & Home Prices Down

Challenging E-15 & Home Prices Down

Challenging E-15 & Home Prices Down plus Food Forethought. I’m Greg Martin with today’s Northwest Report.

The ethanol industry says a court challenge by the auto industry of EPA’s October E-15 decision comes as no surprise…but it could mean more challenges ahead, next year. Auto industry trade groups said that E-15 has been shown to harm engines and the clean air act prohibits fuels that can cause failures. But, Renewable Fuels Association President and CEO Bob Dinneen predicts the court will uphold the E-15 decision and expects testing will be favorable for E-15.

DINEEN: I believe we’ll here in the next month or two That EPA has received additional data from DOE on 2001 and newer vehicles and I am very confident that that data as well will demonstrate that there are no problems associated with using a little bit more ethanol in vehicles that are already using 10% ethanol all across the country.

Home prices are dropping in the nation's largest cities and are expected to fall through next year, as fewer people purchase homes and millions of foreclosures come on to the market. Cities like Portland have seen prices fall for four straight months. Even though the 20-city index has risen 4.4 percent from their April 2009 bottom, it remains 29.6 percent below its July 2006 peak.

Now with today’s Food Forethought, here’s Lacy Gray.

Looks like a couple of absent minded Harvard professors didn’t get the memo with the results from Chris Voigt’s recent “all potato diet”. They’re still on that old saltbox touting that breads, pasta, white rice, and yes, potatoes are the cause of America’s obesity problems. Chris is the head of the Washington State Potato Commission and was on an all potato diet for sixty days in protest of federal proposals to ban potatoes in some food programs. The highly publicized potato diet ended last month with Chris twenty-one pounds lighter and a drop in his cholesterol level of sixty-seven points. Over the year’s dietitians, researchers, and nutritionists have blamed nearly everything for the nation’s weight problems except the obvious, taking in too many daily calories without enough exercise.  Everything else aside, the best way to stay fit is to limit portion sizes and engage in a regular physical exercise regime. As one major study has already stated, “insufficient physical activity is the only risk factor for overweight boys and girls.” In essence, if you don’t physically burn off the calories you consume, you’ll be carrying them around as extra padding.

Thanks Lacy. That’s today’s Northwest Report. I’m Greg Martin on the Ag Information Network.

 

 

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