Texas’ other senator claims he is “working hard to try and find some consensus” on the issue of Renewable Identification Number (RIN) prices, but Sen. John Cornyn (R-TX) has pretty much the same attitude that Sen. Ted Cruz has when it comes to ethanol. “I’ve been working on a bi-partisan basis with allies in the Senate to see if we …
Biodiesel and 2nd Gen Biofuels Need Stable Tax Policy
The House Ways and Means Subcommittee on Tax Policy heard from representatives of the biodiesel and advanced biofuels industries Wednesday on the need for “Post Tax Reform of Recently Expired Tax Provisions” that are helping move the nation toward more diverse renewable fuels. Renewable Fuels Association General Counsel Ed Hubbard urged the committee to extend the Second-Generation Production Tax Credit …
Fuel Retailers Join Chorus Against RIN Price Cap
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, …
Iowa Biofuels Groups Spotlight Oil Industry Study
Iowa Renewable Fuels Association Executive Director Monte Shaw and Iowa Biodiesel Board Executive Director Grant Kimberley held a joint press conference Friday to discuss an oil industry study make public by Reuters that shows putting a cap on prices for Renewable Identification Numbers (RINS) would not be the “win-win” that Senator Ted Cruz of Texas has repeatedly said he wants …
Ethanol Interests Shout Opposition to RIN Price Cap
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 …
Ethanol Plant Operators Say No to RIN Price Cap
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 …
Monday Meeting Creating a Buzz in Biofuels
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 …
Auto Expert Shares Thoughts on Ethanol at NEC
Participants at the 2018 National Ethanol Conference heard from renowned auto expert and commentator Marc Rauch, Executive Vice President and Co-Publisher of TheAutoChannel.com, on his efforts to educate the auto community and beyond on the use of ethanol in vehicles. Rauch shared a history of ethanol use around the world and myths that have been spread to negatively impact the …
Rail Issues Impacting Your Business
Rail continues to safely and efficiently serve as ethanol’s “virtual pipeline.” A panel discussion during the 2018 National Ethanol Conference focused on the important role rail transportation plays in the ethanol industry, including updates on regulatory developments, safety issues, and railcar fleet trends. The panel included moderator Kelly Davis, Vice President of Regulatory Affairs, Renewable Fuels Association; Mark Maday, Staff …
ICM and The Andersons Collaborate on New Bio-refinery
ICM, Inc., and The Andersons, Inc., are partnering to own and construct a state-of-the-art bio-refinery in Colwich, Kansas. ELEMENT, LLC will be a 70 MGY bio-refinery combining ICM’s next-generation technologies, with the merchandising, risk management and logistics expertise of The Andersons. “The Andersons and ICM share a common vision. We strive to utilize our combined experience and expertise to build …