Big Oil will reap big profits if the Environmental Protection Agency actually proposes a substantial cut to the 2014 Renewable Fuel Standard (RFS) requirement for conventional biofuel blending, according to a new analysis released by the ethanol industry today. The analysis finds that the oil industry stand to make an additional $9-14 billion in 2014 if the EPA were to …
Missouri Governor Voices Support for Ethanol
With the harvest nearing completion in Missouri, Governor Jay Nixon last week joined the Missouri Corn Growers Association at a grain elevator in the northeast part of the state to support the state’s corn growers and ethanol industry. “Each year about 20% of Missouri’s corn crop is turned into about 300 million gallons of ethanol – a renewable, domestic energy …
Biofuel Groups Ask to Intervene in RFS Case
Three organizations that represent biofuel producers have asked to intervene in the latest legal challenge to Renewable Fuel Standard (RFS). The Renewable Fuels Association (RFA), Growth Energy, and the Biotechnology Industry Organization (BIO), filed a motion Friday with the U.S. Court of Appeals for the District of Columbia Circuit to intervene in the challenge against the RFS by Monroe Energy, …
Most Top Selling Cars Approved for E15
If you’re in the market for a 2014 F Type X152 Jaguar and want to use 15% ethanol blended fuel in it, you are in luck. It is one of the 70% of the Top 20 best-selling cars approved by automakers to use E15 in 2014 models, according to the Renewable Fuels Association. Maybe you would prefer a Mercedes C …
Farm Bill Conferees Urge Energy Funding
The Senate version of the farm bill includes $800 million in mandatory funding for energy programs while the House version contains zero – one of the relatively minor differences in the two bills that could get resolved quickly in conference. Several senators spoke in support of providing mandatory funding for the energy title during the first meeting of the House …
EPA Response to Calls for Lowering RFS
The U.S. Environmental Protection Agency has issued a statement regarding the AAA call to lower the Renewable Fuel Standard (RFS), stressing that no decision has yet been made on for 2014. The Obama Administration remains firmly committed to furthering the development of all biofuels – including corn-based ethanol, cellulosic biofuel, and advanced biofuel – as part of the President’s commitment …
Dinneen: Lowering RFS Would be Mistake
Renewable Fuels Association (RFA) president and CEO Bob Dinneen fears “the Obama Administration is about to make a huge mistake” in lowering the volume requirements for ethanol under the Renewable Fuel Standard (RFS). In an interview for “The Ethanol Report,” Dinneen says it does appear that the Environmental Protection Agency is planning on changing the Renewable Volume Obligation (RVO) for …
REG Opens Mason City Biodiesel Plant
Renewable Energy Group today formally opened the company’s recently acquired biodiesel refinery in Mason City, Iowa. The biodiesel company also announced the start of a $20 million project to upgrade the plant to a multi-feedstock facility. REG completed the acquisition of the former Soy Energy, LLC refinery on July 31, 2013. REG immediately began efforts to repair and re-start the …
Ethanol Industry Refutes AAA Claims
The American Automobile Association (AAA) is calling on the Environmental Protection Agency to “lower the amount of ethanol required to be blended into gasoline for 2014” in order to “protect drivers by preventing a possible surge in gas prices or the increased use of potentially damaging E15 gasoline.” The ethanol industry wasted no time in responding. “The Energy Department and …
Global Farmers Learn Value of Ethanol
Each year during World Food Prize week, the Truth About Trade and Technology Global Farmer Roundtable brings farmers from all over the world to visit Couser Cattle Company in Nevada, Iowa. Owner Bill Couser not only produces cattle, he also grows plenty of corn on his operation and is a big proponent of ethanol as a means of getting the …