Recently, the Associated Press correctly reported that POET's dedicated ethanol pipeline project with Magellan Midstream Partners had decided to expand the proposed pipeline to include South Dakota. It was our belief from the beginning that expanding the pipeline into South Dakota would be a good idea considering that it is the fifth largest ethanol producing state at almost one billion gallons of capacity.
The proposed ethanol pipeline is now 1,800 miles long and will directly connect to 30 Midwestern ethanol production facilities. As you can see from the attached map, the proposed route would start in South Dakota and travel through the ethanol producing states of Iowa, Illinois, Indiana and Ohio before heading to the east coast.
The pipeline would significantly discount the cost of transporting ethanol to the east coast and decrease the carbon footprint of the fuel because it eliminates the use of fossil powered trucks and trains to transport the product to market.
Comments