It is unfortunate that Marita Noon doesn't share the same vision that both venerable New Mexico Senators Jeff Bingaman and Pete Domenici shared when they worked together to pass transformational energy legislation in 2005 and 2007 (Energy Column: Ethanol mandates: going from bad to worse, July 29). They understood the need for a long term stable policy that would promote energy security, expand rural economic development, and reduce carbon.
Yes, we are producing more oil domestically today, but not at a decreased cost. The fracking operations in North Dakota are not economically viable below $90/barrel. On the other hand, ethanol is the lowest-cost transportation fuel in the world today. Consumers deserve such a low-cost option at the pump.
Beyond that, the policy has stimulated new technologies. Cellulosic ethanol is now on the cusp of commercial production. Companies like Abengoa Bioenergy, POET/DSM, and DuPont Cellulosic Ethanol will be producing from agricultural residue and cellulosic feedstocks this year.
Now is not the time to be rolling back the visionary legislation of Senators Bingaman and Domenici.