More Ethanol Demand Destruction from EPA

Cindy Zimmerman

The biofuels industry was disturbed to hear news reports this week that the Environmental Protection Agency is continuing to destruct demand for ethanol and corn with more “small refinery” exemptions. Reuters reported that EPA created nearly $34 million worth of Renewable Identification Number (RIN) credits and handed them over to HollyFrontier, along with an additional undisclosed amount of RINs to …

Ethanol, Ethanol News, RFA, RFS, RINS

RINs for Exports Would Mean More Demand Destruction

Cindy Zimmerman

A proposal to allow exported renewable fuel volumes to count toward RFS compliance would lead to further demand destruction for U.S. ethanol producers and corn growers, according to Renewable Fuels Association Executive Vice President Geoff Cooper, who explains why in a blog post this week. In addition, Cooper says allowing exports to qualify for the RFS would likely offset any …

Ethanol, Ethanol News, Exports, RFA, RFS, RINS

Ethanol Report on White House RFS Meeting

Cindy Zimmerman

Tweets from senators involved in a White House meeting Tuesday on the Renewable Fuel Standard (RFS) say an agreement has finally been reached between oil and ethanol interests that would allow the year-round use of E15 and put to rest the idea of a price cap on Renewable Identification Numbers (RINs), a big win for Team Ethanol. However, the “win” …

E15, Ethanol, Ethanol News, Ethanol Report, RFA, RFS, RINS

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

Ethanol Report on Demand Destruction

Cindy Zimmerman

The Environmental Protection Agency (EPA) has yet to reveal just how many small refiner exemptions have been granted from blending obligations under the Renewable Fuel Standard (RFS) and how many are still pending but the reduction in ethanol blending over recent months and a sharp drop in the price for Renewable Identification Numbers (RINs) indicate the impact they are having. …

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

Evidence Shows Waivers Reducing Ethanol Demand

Cindy Zimmerman

Evidence is mounting that the Environmental Protection Agency’s granting of numerous “small refiner exemptions” from blending obligations under the Renewable Fuel Standard is indeed working to destroy demand for both ethanol and corn. Renewable Fuels Association (RFA) Executive Vice President Geoff Cooper lays out the evidence in a column on the E-Blog detailing the reduction in ethanol blending over recent …

Ethanol, Ethanol News, RFA, RFS, RINS

RFS Waiver for Big Refiner Sparks Backlash

Cindy Zimmerman

A Reuters report about EPA exempting one of the country’s largest oil refiners from complying with the Renewable Fuel Standard (RFS) touched off a backlash from farm groups and ethanol organizations Tuesday. The National Farmers Union (NFU) was first to respond to the report that Texas-based Andeavor received small refiner economic hardship waivers for three of its 10 refineries that …

ACE, corn, Ethanol, Ethanol News, NCGA, NFU, RFA, RFS, RINS

Growth Energy Formally Protests PES Settlement

Cindy Zimmerman

Growth Energy has filed comments with the Department of Justice formally objecting to a proposed bankruptcy settlement between the Carlyle Group’s Philadelphia Energy Solutions (PES) and the U.S. Environmental Protection Agency (EPA) that would absolve the refinery of key obligations under the Renewable Fuel Standard (RFS). “The proposed settlement sends the wrong message to industry stakeholders, implying that there are …

Ethanol, Ethanol News, Growth Energy, RFS, RINS

Sec. Perdue Comments on RFS and RINS

Cindy Zimmerman

Not much was said publicly during National Ag Day on Tuesday about the continuing RFS/RIN price dispute which is still being discussed at the very highest levels of government. But Agriculture Secretary Sonny Perdue did give an update during his remarks at the National Press Club Ag Day event. “We’ve been in fairly intense discussions about the solution,” said Perdue. …

Audio, Ethanol, Ethanol News, RFS, RINS, USDA

Ethanol Helps Celebrate National Ag Day

Cindy Zimmerman

The CEOs of Growth Energy and the Renewable Fuels Association (RFA) were among the distinguished industry guests who attended the USDA National Agriculture Day Proclamation ceremony Tuesday with remarks from Vice President Mike Pence. “The United States produces an abundance of food, feed and fuel, benefiting not only our nation, but the entire world,” said Pence in his remarks. “Growth …

Ethanol, Ethanol News, Growth Energy, RFS, RINS