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Monte Shaw Quotes

You're looking at basically doubling the production amounts, but the impact on Archer Daniels Midland depends on whether they increase their production capacity. - Monte Shaw

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Basically | Doubling | Production | Amounts | Impact |

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The House plan doesn't have any accountability and has a lower standard. I don't think it's very aggressive at all. - Monte Shaw

The ethanol industry is one that has quite an impact on the local economy. One-third of all the gasoline in the country contains ethanol. What's more ethanol is added at local terminals. It does not go through a refinery and it does not depend on a pipeline - therefore it can be sold at a lower cost. - Monte Shaw

For every gallon of petroleum gasoline you buy, 12 percent of that money stays in Iowa. With E85 (85 percent ethanol), over 65 percent of the money stays in Iowa and is invested over and over. This legislation will mean billions of dollars for the state of Iowa. - Monte Shaw

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