Drone attacks on Saturday in Saudi Arabia that knocked out more than 5 percent of global oil supply and caused a major spike in oil prices on Monday spotlight the need for real energy security by diversification of the liquid fuel supply, according to Renewable Fuels Association President and CEO Geoff Cooper. “The crude oil and gasoline price spikes following …
Ethanol Production Holding On
U.S. ethanol production continues to stay above one million barrels per day on average this year, but just barely. According to EIA data analyzed by the Renewable Fuels Association for the week ending Sept. 6, ethanol production averaged 1.023 million barrels per day (b/d)— equivalent to 42.97 million gallons daily. Output expanded by 10,000 b/d, or 1.0%, from the previous …
USDA Lowers Corn Use for Ethanol
The September World Agricultural Supply and Demand Estimates out Thursday from USDA reduced the outlook for U.S. corn production and for the amount of corn used to produce ethanol. This month’s 2019/20 U.S. corn outlook is for reduced production, lower corn used for ethanol, and slightly higher ending stocks. Corn production is forecast at 13.799 billion bushels, down 102 million …
Corn Growers Support E15 in Court Motion
The National Corn Growers Association (NCGA) this week filed a motion in support of the Environmental Protection Agency (EPA) and the final rule allowing for year-round sales of E15, opposing an effort by the oil industry to challenge the rule. If successful, the oil industry’s lawsuit would overturn the E15 rule. NCGA and its farmer members have been long-time advocates …
‘Ethanol Days of Summer’ Contest Ends
Labor Day signaled the unofficial end of summer and the official end of the Renewable Fuels Association’s (RFA) third annual “Ethanol Days of Summer” contest. The three-month contest offered consumers the chance to win $50 in free fuel per day, and more than 3,100 new users of E85prices.com registered and helped report prices for higher ethanol blends like E15 and …
Political Pollster Plugs E85
Political consultant, pollster, and “public opinion guru” Frank Luntz gave a surprising plug for the use of E85 (85 percent ethanol blended fuel) and the need for more flex fuel vehicles (FFVs) during an appearance on FOX News Channel’s The Ingraham Angle with Laura Ingraham last Thursday. “There’s a gasoline, E85, it’s ethanol,” said Luntz during an interview about the …
Ethanol Report DC Update
Ethanol continues to be in the national news with President Trump indicating he will be announcing some type of small refinery waiver mitigation for the industry, as demands that the gallons waived be reallocated increase. Renewable Fuels Association (RFA) president and CEO Geoff Cooper was in Washington DC this week and in this edition of The Ethanol Report he gives …
Governors Suggest Waiver Mitigation Actions
The Governors’ Biofuels Coalition is offering some advice to President Donald Trump on how to mitigate the effects of the small refinery waivers on ethanol and biodiesel producers. Coalition chair and vice chair, Minnesota Governor Tim Walz and South Dakota Governor Kristi Noem, sent a letter recommending actions the President might include in his promised “giant package” of initiatives for …
Nebraska Retailers Event Shows E15 Interest
As the first summer of nation-wide approved E15 use winds to an end, a fuel retailer workshop hosted last week by the Nebraska Ethanol Board (NEB) and American Coalition for Ethanol (ACE) showed a lot of interest in learning more about offering the fuel. ACE Senior Vice President Ron Lamberty, a former fuel retailer, keynoted the workshop which included testimonies …
Ethanol Exports Drop 6% in July
U.S. ethanol exports were down six percent in July, but the bulk of a 44% drop in shipments to Brazil was almost made up by in gains in other markets, according to data issued by the government and analyzed by the Renewable Fuels Association (RFA). Canada was the top destination for U.S. ethanol for the third consecutive month. Shipments increased …