The Iowa State University professor who co-authored a new study on ethanol and gasoline prices released this week says the impact of the growing use of the domestically-produced fuel is significant. The new analysis from the Center for Agricultural and Rural Development (CARD), an update to a 2009 peer-reviewed paper published in Energy Policy by professors Dermot Hayes of ISU …
Report Shows Ethanol Kept Gas Prices Lower in 2011
An update to a 2009 report from the Center for Agricultural and Rural Development (CARD) on the impact of ethanol on domestic gasoline prices was released today, showing that ethanol reduced wholesale gasoline prices by $1.09 per gallon nationally last year. Renewable Fuels Association President and CEO Bob Dinneen says this peer-reviewed study shows how ethanol is keeping gas prices …
Ethanol Report Analyzes USDA Corn Numbers
The first guess of corn production for the new year in USDA’s May 10 World Agricultural Supply and Demand Estimates report is even higher than many in the industry expected. “By all accounts, it could be a monster,” says Renewable Fuels Association (RFA) Vice President of Research and Analysis Geoff Cooper who did an analysis of the numbers that came …
Ethanol Blend Wall Still There
The ethanol blend wall is still a reality for the industry, according to the chief economist with the U.S. Department of Agriculture. “For the time being, I think we are at a blend wall and it’s a pretty hard wall,” said USDA’s Joe Glauber during a recent gathering of farm broadcasters in Washington DC. Glauber says the general feeling now …
America Can Achieve Energy Victory
If the United States puts its mind to it, energy victory can be achieved. How? Energy expert Dr. Robert Zubrin, author of Energy Victory has the formula for success. Zubrin recently spoke at the Indiana Ethanol Forum, and fellow journalist Meghan Grebner of Brownfield Ag News interviewed him after his presentation asking him what the most important thing people should …
Ethanol Report on Support for Renewable Fuels
A new poll showing strong support for renewable fuels validates some of the most important ethanol industry legislative priorities – including maintaining the Renewable Fuel Standard (RFS), commercializing E15, providing incentives for the development of cellulosic ethanol, limiting tax incentives for the oil industry, and requiring automobile manufacturers to build cars that will run on fuel sources other than oil. …
Growing GROWMARK Energy Business
From premium diesel, gasoline and lubricants to propane, biodiesel and ethanol, the GROWMARK Energy Division continues to grow and offer high quality products to member cooperatives and the general public. The annual volume for the cooperative system’s energy division exceeds 1.6 billion gallons of gasoline, distillates and propane, and about 80 percent of the gasoline marketed by GROWMARK and FS …
E15 in Spotlight at Indiana Ethanol Forum
EPA’s approval this week of 15% ethanol blended gasoline (E15) as a registered fuel dominated the Indiana Ethanol Forum at the Indiana Farm Bureau Football Center Pavilion in Indianapolis yesterday. The invitation only event featured comments from Governor Mitch Daniels, Democratic Gubernatorial Candidate John Gregg, Republican Gubernatorial Candidate Mike Pence, Renewable Fuels Association president and CEO Bob Dinneen, and author …
GROWMARK Tracking Biofuels Legislative Issues
Legislative issues related to biofuels on both the Illinois state level and the national level are priorities for the GROWMARK agricultural cooperative system this year, according to government affairs director Chuck Spencer. On the state level, Spencer says Illinois will be looking at updating sales tax incentives this year with the pending introduction of 15% ethanol blends in the consumer …
Agriculture Secretary Encourages E15 Adoption
The best way to help the U.S. ethanol industry right now is to encourage the adoption of E15 by fuel retailers, according to Agriculture Secretary Tom Vilsack. During a telephone press conference on Tuesday promoting USDA’s Rural Energy for America Program (REAP), Vilsack was asked by a reporter what can be done to help the struggling ethanol sector right now. …