Senators Claim Court Decision Jeopardizes Refineries

Cindy Zimmerman

A group of senators from oil-friendly states sent a letter to President Trump last week claiming that if the recent 10th Circuit Court decision on small refinery exemptions is allowed to stand it “will jeopardize nearly all small refineries” in the country. Senate Committee on Environment and Public Works (EPW) Chairman Senator John Barrasso (R-WY) spearheaded the letter urging the …

Ethanol, Ethanol News, Oil, RFA

Legislation Would Target Oil Subsidies

Cindy Zimmerman

Sens. Chuck Grassley (R-IA) and Tom Udall (D-NM) introduced legislation this week to update the nation’s antiquated public lands royalty system and ensure that taxpayers get fair returns on leases of public lands for oil and gas production. Introducing the bipartisan Fair Returns for Public Lands Act of 2020, Grassley said, “Low royalty rates on oil produced on federal lands …

Ethanol, Ethanol News, Legislation, Oil, RFA

Has the U.S. Really Achieved Energy Independence?

Cindy Zimmerman

Opinion by Scott Richman, Renewable Fuels Association Chief Economist From the RFA Blog The recent conflict with Iran and its proxies in Iraq has served as a reminder of the enduring potential for geopolitical risk to unsettle petroleum markets – not just globally but also in the U.S. While the U.S. has become significantly more energy-secure over the last decade, …

Ethanol, Ethanol News, Oil, RFA

RFA CEO Says Saudi Attack Shows Need for Ethanol

Cindy Zimmerman

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, Ethanol News, gas, Oil, Price, RFA

EPA Chief Urged to Visit Ethanol Plant

Cindy Zimmerman

EPA Administrator Andrew Wheeler visited an oil refinery in Pennsylvania Monday at the request of Sen. Pat Toomey (R-PA), who just last week filed legislation in Congress to eliminate corn ethanol from the Renewable Fuel Standard. Now ethanol producers would like to see Wheeler visit one of their plants. “This refinery produces 200k barrels/day and is a great economic driver …

EPA, Ethanol, Ethanol News, Oil, RFA, RFS

RFA CEO Calls Out Big Oil’s E15 Hypocrisy

Cindy Zimmerman

In an editorial this week, Renewable Fuels Association (RFA) president and CEO Geoff Cooper called out the hypocrisy of oil interests when it comes to allowing year round sales of 15% ethanol, E15. Noting that “hell hath no fury like Big Oil scorned,” Cooper debunks all of the oil industry’s dire warnings in response to President Trump’s recent decision calling …

Commentary, E15, Ethanol, Oil, Opinion, RFA

White Energy Teams with Occidental for CO2 Study

Cindy Zimmerman

Occidental Petroleum Corporation and White Energy are teaming up to evaluate the economic feasibility of a carbon capture, utilization and storage project. The project would capture carbon dioxide (CO2) at White Energy’s ethanol facilities in Hereford and Plainview, Texas, and transport it to the Permian Basin, where Occidental would use it in its enhanced oil recovery (EOR) operations. Occidental injects …

Carbon Dioxide, Ethanol, Ethanol News, Oil

Report Says Icahn Refinery Received RFS Waiver

Cindy Zimmerman

Reuters published an exclusive report today citing two anonymous sources who claim EPA granted a small refinery hardship exemption to CVR Energy, owned by billionaire Carl Icahn, the power behind last year’s attempt to dilute the Renewable Fuel Standard by changing the point of obligation. CVR Energy just released its 1st quarter earnings last Thursday, posting a net income of …

Audio, Ethanol, Ethanol News, Oil, RFS, RINS

Sen. Cruz Rally Disappoints Ethanol Industry

Cindy Zimmerman

Sen. Ted Cruz (R-TX) held a rally at Philadelphia Energy Solutions with refinery workers from along the East Coast to continue his attacks on the Renewable Fuel Standard (RFS), much to the disappointment of the ethanol industry. “Senator Cruz’s efforts to secure a so-called ‘win-win’ solution to protect refining jobs are entirely misdirected,” said Renewable Fuels Association president and CEO …

ACE, corn, Ethanol, Ethanol News, NCGA, Oil

RFA Cites Small Refiner Exemption Concerns

Cindy Zimmerman

Renewable Fuels Association (RFA) president and CEO Bob Dinneen sent a letter last week to EPA Administrator Scott Pruitt expressing concern about a troubling “lack of transparency” in EPA’s management of the Renewable Fuel Standard’s (RFS) small refinery exemption provisions that could “destabilize the market for renewable fuels and undermine Congress’s goals for the RFS program.” EPA has the ability …

Audio, Biodiesel, Ethanol, Ethanol News, Oil, RFA, RFS