Ethanol quick facts and figures:
•Iowa's ethanol industry has the capacity to produce more than 3.7 billion gallons annually, using more than 1.3 billion bushels of corn.
•One bushel of corn can produce 2.8 gallons of ethanol, with one-third returning as DDGs to feed livestock.
•Iowa leads the nation in production, creating nearly 30 percent of all U.S. ethanol. Each barrel of domestic ethanol displaces 1.2 barrels of imported petroleum.
•One out of every 10 vehicles in Iowa is a FFV.
•60 cents of every dollar spent filling up FFVs remains in Iowa.
•A ISU CARD study reported that thanks to ethanol U.S. consumers saved $1.09 per gallon in 2011. Consumers in the Midwest benefited more, saving $1.69 per gallon.
•More than 95 percent of all fuel sold in the United States is blended with 10 percent ethanol.
•While the U.S. imports 65 percent of its petroleum needs, domestic ethanol now reduces oil imports by 128,000 barrels each day.
•Producing ethanol requires less water than gasoline by a 3-to-1 margin.
•The ethanol industry has resulted in 74,000 new jobs in Iowa and accounts for $11 billion of Iowa's GDP.