Crude oil prices broke the $100 a barrel barrier for the first time today on rising concerns over violence in Nigeria. Light, sweet crude for January delivery rose $4.02 to $100 a barrel on the New York Mercantile Exchange, before slipping back to $99.48. Robert White, interim head of the Ethanol Promotion and Information Council, says higher oil prices translate …
Farm Bureau: Renewable Energy Big in ’07
Among the stories seen as significant to the American Farm Bureau in 2007, renewable energy ranked right up there with the new Farm Bill and issues with migrant workers in the fruit and vegetable crop fields. And this column from Farm Bureau says ethanol and biodiesel will be in the headlines for years to come: Energy products including ethanol-blended fuels …
Happy ReNEWable Fuels Year
The Energy Independence and Security Act of 2007 will get the new year underway with a burst of renewable fuels. The bill, signed by President Bush on December 19, includes an expanded Renewable Fuels Standard that requires significant development of other feedstocks to produce ethanol. This edition of “Fill up, Feel Good” features comments by President George W. Bush, EPIC …
Indy Vettes
History will be made at the 2008 Indianapolis 500 when not one, but two distinctive vehicles will serve as the official pace cars. Chevrolet and Indianapolis Motor Speedway officials gathered at the Indianapolis Auto Show Thursday to make the announcement. One of the pace cars is a customized Corvette Z06 E85 concept that runs on E85 ethanol fuel that will …
Missouri Ready for E-10 Requirement
Missouri is prepared for a law requiring a ten percent ethanol blend to kick in next week. According to an article in the Kansas City Star, most of the gasoline sold in Missouri already being blended with ethanol. The law “sent a tremendous signal,” said Gary Marshall, chief executive officer of the Missouri Corn Growers Association, and E-10 now meets …
Tennessee DOT Giving Grants to Promote Biofuels
Tennessee’s Department of Transportation plans to hand out $1 million in grants to help promote biodiesel and ethanol at gas pumps along the interstates in Tennessee. This story in the Chattanooga (TN) Times Free Press says one of the first Green Island Corridor grants is going to a station in Cleveland in the southeast part of the state: Tom Robertson, …
The Year of Ethanol
The ethanol industry has come a long way this year and a large part of the renewable fuel’s success is unquestioningly a result of the concentrated efforts of the Ethanol Promotion and Information Council. Looks like all that hard work paid off. Agrimarketing magazine named ethanol the Agrimarketing Product of the Year. EPIC’s Reece Nanfito says the late accomplishments of …
Measuring Up the Candidates
So you say you haven’t heard enough from the 16 candidates running for President? There’s just not been enough media coverage for your tastes? OK, so maybe you think you’ve heard enough about the crowd (especially if you’re living in Iowa or New Hampshire), but you do need some information to make an informed decision, right? Especially when it comes …
Energy Bill Signed
President George W. Bush today signed the Energy Independence and Security Act of 2007 and ushered in a new era in the way America produces and uses energy. Bush says the new law is “a major step toward reducing our dependence on oil, confronting global climate change, expanding the production of renewable fuels and giving future generations of our country …
Oil Prices Have Greatest Impact on Renewables
A survey conducted at the recent University of Minnesota’s E3 2007 Conference: The Midwest’s Premier Energy, Economic and Environmental Conference says attendees believe oil prices will be the primary driver of sustainable energy development and commercialization in the Midwest. The survey was conducted by Millenium Research, Inc. asking the opinions of the more than 400 experts, representing research, government, business, …