Last week, Rep. Angie Craig (D-MN) and several of her colleagues introduced the bipartisan Home Front Energy Independence Act, in an effort to expand the production and availability of American biofuels and lower energy costs for working families. “At the gas pump this past weekend E15 was anywhere from 30 cents to 50 cents (less), and we found one gas …
Brazil Suspends Ethanol Tariff Until End of Year
The government of Brazil has announced it will suspend tariffs on U.S. ethanol starting March 23 until the end of 2022. The country is also suspending tariffs on six food products as a means of decreasing inflationary pressures. The leaders of the Renewable Fuels Association, U.S. Grains Council, and Growth Energy issued a joint statement welcoming the move as an …
Ethanol Report on RFA and NCGA
The Renewable Fuels Association presented its annual Industry Award to the National Corn Growers Association this year in recognition of the close partnership between the two groups over the last 40 years in moving the ethanol industry forward. The award was presented at the 27th annual National Ethanol Conference in New Orleans in February, and last week RFA joined NCGA …
Secretary Vilsack Addresses #Classic22
Secretary of Agriculture Tom Vilsack made only his second in-person appearance at a large agricultural event since taking office last year when he addressed the 2022 Commodity Classic in New Orleans Friday and thousands of corn, sorghum, soybean, and wheat farmers. He talked about the situation in Ukraine and being able to hear from the agriculture minister from that country …
RFA Promotes Higher Ethanol Blends at #Classic22
The Renewable Fuels Association is back in New Orleans this week at the 2022 Commodity Classic promoting higher blends of ethanol at the trade show. For one, they are giving farmers a chance to sign a letter to President Biden urging him to use more ethanol to help moderate soaring gas prices. “Today ethanol is selling for about a dollar …
EIA Data Confirm Record Ethanol Blend Rate in 2021
The latest data from the U.S. Energy Information Administration show that ethanol set a record for its share of America’s gasoline in 2021, averaging 10.34 percent of every gallon sold. The final EIA data for 2021 also confirmed a significant rebound in both ethanol production and consumption after COVID-related shutdowns in 2020. Renewable Fuels Association President and CEO Geoff Cooper …
Volkswagen Researching Ethanol-Based Fuel Cells
Volkswagen has a vision for how ethanol can help achieve net-zero carbon emissions by 2050 or sooner, which includes research on reforming ethanol to create hydrogen for fuel cells. “It’s not about technology, it’s about what you put as fuel into the car,” said Pablo Di Si, Executive Chairman, Volkswagen Latin America, during an address at the National Ethanol Conference …
Ethanol Industry Sets Sights on the Sky
Sustainable aviation fuel is getting to be known by the ethanol industry as just “SAF” as it is being seen as a major opportunity for ethanol. The 2022 National Ethanol Conference devoted a whole panel to the subject, including two SAF producers, Gevo and LanzaJet, which are using ethanol derived from crop residue and waste sources by Alcohol-to-Jet processing. “Ethanol …
Chevron Announces Agreement to Acquire REG
Chevron Corporation and Renewable Energy Group, Inc. announced today a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 billion, or $61.50 per share. The acquisition combines REG’s growing renewable fuels production and leading feedstock capabilities with Chevron’s large manufacturing, distribution and commercial marketing position. “REG was a founder of …
Ethanol Report on 2022 NEC
The 2022 National Ethanol Conference in New Orleans was a success in every way possible. With attendance nearly as strong as the 2020 conference in Houston and a packed agenda spotlighting opportunities for the future, it was obvious that the ethanol industry is ready to move forward. This edition of The Ethanol Report includes some of the highlights of the …