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Gold/Mining/Energy : Arconenergy, Inc. (Long Term Investors and Fundamentals) -- Ignore unavailable to you. Want to Upgrade?

To: Ga Bard who wrote (1132)5/7/1998 7:23:00 AM
From: hoopsville  Read Replies (1) | Respond to of 1757
 
GB, this info confirmed by paragraph on May 7 front page of
Investor's Business Daily:

ETHANOL TAX BREAKS ALIVE
The biggest obstacle to extending tax breaks for corn-based
ethanol was removed by House Speaker Newt Gingrich. He didn't
appoint the highest-ranking opponent, Rep. Bill Archer, R-Texas,
to a conference committee negotiating a big transportation bill.
The 5.4-cents-a-gallon tax break, for marketers of gasoline
blended with ethanol, is due to end in 2000. The Senate version
of the highway bill extends it until 2007.

Tom


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