Pacific Ethanol, Inc. reported its financial results for the year so far last Friday and top executives expressed optimism for the future after a rough year. “Positive ethanol production margins in the current market are supporting our efforts to conclude several strategic initiatives to strengthen our balance sheet and position the company to benefit from increased demand for low carbon, …
Senators Stand Up for RFS
A group of Midwest state Senators submitted comments to the Environmental Protection Agency yesterday supporting the Renewable Fuel Standard. Sens. Deb Fischer (R-Neb.), Chuck Grassley (R-IA), Joni Ernst (R-IA), John Thune (R-S.D.), Mike Rounds (R-S.D.), Roy Blunt (R-Mo.), and Mike Braun (R-Ind.) each submitted comments regarding the EPA’s supplemental rule on the RFS and individual letters to EPA Administrator Andrew …
Flex Fuel Jeep Wrangler Debuts in Vegas
The Renewable Fuels Association (RFA) and Kenny Hauk of Hauk Designs unveiled a new project at the 2019 SEMA Show in Las Vegas this week that highlights the benefits of higher ethanol blends in high performance vehicles – a Flex Fuel Jeep Wrangler with more than 1,000 horsepower using a high-octane, low-carbon fuel containing up to 85 percent ethanol (E85). …
Democrat Reps Urge Extension of Biofuels Tax Incentive
Rep. Abby Finkenauer (D-IA) and Rep. Kendra Horn (D-OK) spearheaded a Democratic caucus letter to House leadership this week urging action on extension of the biodiesel tax credit. Specifically, the lawmakers are asking for extensions of the biodiesel, alternative fuel vehicle refueling property, and second generation biofuel producer tax credits. “The biodiesel tax credit has become vital to Iowa’s economy …
Latest Ethanol Export and Production Numbers
Ethanol production is recovering while ethanol exports are relaxing, according to the latest data available, as analyzed by the Renewable Fuels Association (RFA). According to Energy Information Administration data for the week ending Nov. 1, ethanol production was 1.014 million barrels per day (b/d) or 42.59 million gallons daily. The previous week was the first time in six weeks that …
Nebraska Ethanol Board Offers E15 Workshop
The Nebraska Ethanol Board is holding a workshop Nov. 13 in Norfolk for fuel retailers from across the state to learn more about the benefits and ease of offering E15 ethanol blended fuel. This one-day workshop will provide attendees with a myriad of takeaways and dispel misconceptions about the cost of offering E15. Attendees will hear a keynote from Sara …
Groups Ask President Trump to Uphold Biofuels Promise
A broad coalition of biofuel and farm advocates today sent a letter to the White House calling on President Trump to uphold his commitment to accurately account for refinery waivers and support the Renewable Fuel Standard (RFS). The letter was signed by 60 organizations, including ethanol, biodiesel, corn and soybean groups on the state and national level. “Mr. President, we …
RFA Backs Up Claims of Waiver Damage to Ethanol Demand
As Mark Twain once said, “Facts are stubborn things, but statistics are pliable.” During last week’s House Energy & Commerce Committee subcommittee hearing on the impact of small refinery exemptions, Renewable Fuels Association President and CEO Geoff Cooper and American Fuel & Petrochemical Manufacturers President and CEO Chet Thompson sparred over the interpretation of recent Energy Information Association (EIA) data …
Ethanol Report on Hearing Highlights
Back to back hearings on topics related to small refinery exemptions under the Renewable Fuel Standard brought ethanol supporters out to explain how EPA’s abuse of the waivers is hurting farmers and producers and how the new proposed rule is insufficient to fix the problem. In this edition of The Ethanol Report, we hear from some of those who testified …
Ethanol Opportunities in West Africa
U.S. Deputy Secretary of Agriculture Steve Censky is on a trade mission to West Africa this week to help United States exporters unlock new opportunities in a region where strong economic growth is driving demand for imported food and farm products, including ethanol. “Here in West Africa they are using another product as an octane enhancer rather than ethanol,” said …