Fuel Retailers Join Chorus Against RIN Price Cap

Cindy Zimmerman

The American Coalition for Ethanol (ACE) gathered together three fuel retailers who market higher ethanol blends to talk about why a cap on the price of Renewable Identification Numbers (RINS) would be detrimental to their businesses. Bruce Vollan of Midway Service in South Dakota, Charlie Good of Good & Quick in Iowa, and Mike Lewis of Pearson Fuels in California, …

ACE, Audio, Ethanol, Ethanol News, Retailers, RFS, RINS

Ethanol Interests Shout Opposition to RIN Price Cap

Cindy Zimmerman

As concerns began to grow late last week that the Trump Administration was leaning toward a cap on prices for Renewable Identification Numbers (RINs) to appease oil refinery interests, biofuel interests went into high gear to get the word out about how that action would devastate the Renewable Fuel Standard (RFS). A White House meeting was reportedly set for today …

ACE, Audio, corn, Ethanol, Ethanol News, Retailers, RFA, RFS, RINS

Ethanol Plant Operators Say No to RIN Price Cap

Cindy Zimmerman

Discussions are expected to continue this week between oil refinery and biofuels interests over the price of Renewable Identification Numbers, or RINs, which were created under the Renewable Fuel Standard (RFS) as a way to encourage refiners to blend more biofuels. Renewable Fuels Association (RFA) member plant owners are united in their opposition to the idea of capping RIN prices …

Audio, E15, Ethanol, Ethanol News, RFA, RFS, RINS

Monday Meeting Creating a Buzz in Biofuels

Cindy Zimmerman

With another White House meeting about the price of Renewable Identification Numbers (RINs) now scheduled for Monday, the biofuels industry is getting the word out about how capping prices of RINs would devastate the Renewable Fuel Standard (RFS). Former Renewable Fuels Association chairman Randy Doyal, CEO of Al-Corn Clean Fuel in Claremont, Minnesota says the industry as a whole is …

Audio, Ethanol, Ethanol News, RFA, RFS, RINS

Nearly 50,000 Iowa Jobs Tied to Biofuels

Cindy Zimmerman

A new study, authored by John Urbanchuk of ABF Economics and commissioned by the Iowa Renewable Fuels Association (IRFA), finds that nearly 50,000 Iowa jobs are supported by biofuels production. IRFA Executive Director Monte Shaw says the study indicates how many livelihoods are at stake in the continuing efforts by Texas Senator Ted Cruz to convince the White House to …

Ethanol, Ethanol News, Iowa RFA, RFS, RINS

Ethanol Plant Managers Write President

Cindy Zimmerman

Managers at 150 U.S. biofuel refineries across the heartland have sent a letter to President Donald Trump, urging him to “stand strong in defense of the Renewable Fuel Standard (RFS).” The plant managers, which represent the majority of U.S. ethanol production, address proposals by oil refinery supporters to “cut, cap, or eliminate” Renewable Identification Numbers (RINs), which they say “would …

Ethanol, Ethanol News, Growth Energy, RFA, RFS, RINS

Study Shows Impact of RIN Price Cap on Corn Prices

Cindy Zimmerman

A new analysis from the Center for Agricultural and Rural Development (CARD) at Iowa State University shows that any action to artificially cap Renewable Identification Number (RIN) prices in exchange for a waiver allowing year-round sale of E15 would result in reduced ethanol consumption, a drop in corn prices, and an effective cut of 5% to the Renewable Fuel Standard …

corn, Ethanol, Ethanol News, NCGA, RFA, RFS

Ethanol Report on RINs in the White House

Cindy Zimmerman

President Donald Trump has been meeting with stakeholders in the biofuels and refinery industries to find a way to lower Renewable Identification Number (RIN) prices that is acceptable to both sides. Two main options are a cap on RIN prices, or allowing year round sales of E15, or some combination of both. In this edition of The Ethanol Report, we …

Audio, Ethanol, Ethanol News, Ethanol Report, RFA, RFS, RINS

Biodiesel No Problem in RFS Talks

Cindy Zimmerman

Of those Renewable Fuel Standard (RFS) stakeholders at last week’s White House meeting, only Renewable Energy Group, Inc. President and CEO Randy Howard walked out feeling like his industry was safe. Howard, who joined other top biofuel company executives who met with the President, Vice President Pence, EPA Administrator Scott Pruitt, and some petroleum refiners to discuss the RFS, says …

Biodiesel, REG, RFS, RINS

Perdue Answers RINs Question During Town Hall

Cindy Zimmerman

U.S. Secretary of Agriculture Sonny Perdue held a town hall on the main stage in the Commodity Classic Trade Show Thursday and answered some questions from a few of the hundreds of farmers who gathered to watch and listen. Former National Corn Growers Association president Pam Johnson of Iowa wanted to know specifically if the secretary supported a cap on …

Audio, Commodity Classic, corn, Ethanol, Ethanol News, RFS, RINS, RVP, USDA