A new study shows the Renewable Fuel Standard (RFS) has lowered gas prices by an average of 22 cents per gallon in recent years and saved the typical American household $250 annually. The study, by economist and energy policy expert Dr. Philip K. Verleger, Jr., used an econometric model to estimate the impacts of the RFS, which requires refiners to …
Michigan Hall of Fame Honors Biodiesel Ambassador
The Michigan Environmental Hall of Fame has inducted a Biodiesel Ambassador into its ranks. Chris Case was honored for his lifetime commitment to environmental stewardship in the awards created by the Muskegon Environmental Research & Education Society in 2010. National Biodiesel Board CEO Donnell Rehagen says Case is an environmental pioneer whose life’s work has forged a model for sustainable …
Promoting Fuel Ethanol In South Korea
The U.S. Grains Council (USGC) and USDA’s Foreign Agricultural Service (USDA’s FAS) recently conducted the fourth annual Bioethanol Fuel Promotion Conference in Seoul, South Korea. The effort is designed to encourage ethanol use in the South Korean transport sector by providing information on the environmental, human health and economic benefits of blending ethanol into fuel supplies. South Korea currently ranks …
European Commission Removes Ethanol Duties
U.S. ethanol stakeholders are pleased with the decision by the European Commission to not renew anti-dumping duties on European Union (EU) imports of U.S. ethanol. “RFA has always maintained these penalties were unjustified and unwarranted,” said Renewable Fuels Association (RFA) CEO Geoff Cooper. “The U.S. ethanol industry is looking forward to resuming more open trade relations with the European Union. …
RFA Rolls Out New Logo and Web Site
The Renewable Fuels Association (RFA) has a new look. The organization has unveiled a new logo complete with a fully rebranded web site. Featuring fresh design elements, crisp imagery, streamlined content, and new information, the RFA site will serve as the go-to resource for renewable fuel advocates, policymakers, media, researchers, fuel retailers, students, consumers and others seeking the latest news …
Study Shows Economic Impact of Grain Exports
A new study commissioned by the U.S. Grains Council (USGC) and the National Corn Growers Association (NCGA) points to the importance of export markets to U.S. farmers. The study highlights the total economic impact of U.S. grain exports to be $55 billion in 2016 and also shows grain exports supporting 271,000 jobs directly or indirectly, according to Kimberly Atkins, vice …
Ethanol Trade was Active in March
The latest monthly trade numbers for ethanol are higher, both exports and imports, according to the Renewable Fuels Association (RFA). RFA research analyst Ann Lewis reports that U.S. ethanol exports increased 23% to 140.0 million gallons (mg) in March 2019, the sixth straight month that exports have exceeded 100 million gallons. Brazil was our top trading partner for the fourth …
POET Ads Spotlight Farm Crisis
South Dakota-based ethanol producer POET, LLC, is launching a major advertising campaign directed at “leaders in the nation’s capital to confront the economic crisis in rural America and support crop-based products like ethanol to revitalize farm income.” “American farmers are no strangers to adversity,” said Kyle Gilley, POET Senior Vice President of External Affairs and Communications. “They confront every obstacle …
Ethanol Report on Higher Gas Prices
The summer driving season is getting closer and gas prices are just expected to get higher, but don’t blame ethanol. A recent analysis by the Renewable Fuels Association found that gas prices have been getting higher mainly because of a surge in crude oil prices since the start of the year, combined with normal seasonal gasoline pricing, as well as …
Reps Urge End to Abuse of Small Refinery Exemptions
A bipartisan group of U.S. Representatives is urging the Environmental Protection Agency (EPA) to stop issuing Small Refinery Exemptions (SREs) for large or unqualified refiners under the Renewable Fuels Standard (RFS) program. Reps. Cindy Axne (D-IA) and Adrian Smith (R-NE) led 35 other representatives in a letter sent to EPA Administrator Andrew Wheeler, highlighting how the expansion of biofuel waivers …