A new poll indicates that 85% of American voters think that the government should be involved in the development of alternative fuels. According to a release from the Renewable Fuels Association, the poll was conducted by The Winston Group prior to President Bush’s State of the Union speech. It also found that 84% of voters think that the government should …
Missouri Could Adopt Biodiesel Standard
On the heels of President Bush’s call for more alternative fuels such as ethanol and biodiesel, Missouri’s legislature is considering a five percent biodiesel standard at every gas station in the state. The State Senate Agriculture, Conservation, Parks and Natural Resources Committee has heard testimony on a bill that would require all diesel sold in Missouri to have at least …
NextGen Fuels Completes Small Biodiesel System
The parent company for NextGen Fuels, GS Agrifuels, has announced the completion its first 10-million gallon a year biodiesel production system. The system is expected to benefit small-scale operators. This from the company’s press release: “We believe that there is a robust and mostly untapped domestic and international market for development of small-scale biodiesel production facilities,” said Tom Scozzafava, GS …
China Stepping up Biofuels Development
As China’s economy continues to grow, the country’s consumption of oil grows with it. And with the Chinese recognizing there aren’t unlimited resources of petroleum out there, they seem to be embracing more biofuels… in particular biodiesel. Renewable Energy Access has reprinted a story talking about the development of a new rapeseed, which the Ministry of Agriculture reports, has an …
European Ethanol, Biodiesel Stocks Get Boost from Bush
It’s not just American alternative fuels seeing a boost from President Bush’s State of the Union speech last night when he pledged to reduce U.S. gasoline consumption by 20 percent in the next 10 years. Check out this story from Dow Jones posted on CattleNetwork.com: Michael McNamara, London-based senior equities analyst for Jefferies International, said European stocks are indirectly benefiting …
Investors in Blackhawk Fuels in Northern Illinois Meet This Week
Investors in a new, 30-million gallon a year biodiesel plant near Freeport, Illinois are meeting this week. Blackhawk Biofuels LLC will hold investor meetings today at 1 p.m. in Pontiac, Ill. and in Joliet, Ill. at 7:00 tonight. There will also be meetings tomorrow (Jan. 25th) in Dekalb, Ill. at 1 p.m. and Freeport, Ill. at 7 p.m. A couple …
Domestic Fuel Industry Reaction
Some biofuel organizations were reacting to the president’s State of the Union address even before it was given. A statement from Renewable Fuels Association president Bob Dinneen was emailed to the media over two hours before the speech. “Recognizing the potential of our nation’s ethanol industry, President Bush used the unique forum of the State of the Union Address to …
President Calls For Increasing Alternative Fuel Supply
As anticipated, President George W. Bush devoted a significant portion of his 2007 State of the Union address Tuesday evening to energy. “For too long our nation has been dependent on foreign oil,” said President Bush. “It’s in our vital interest to diversify America’s energy supply. The way forward is through technology.” The audience applauded seven times during the four …
Corn Growers, Farm Aid Team Up for Renewable Energy Workshops
The American Corn Growers Association has received some grants from Farm Aid to put on a series of workshops across the country on producing and using ethanol, biodiesel, and wind energy. The Farm Aid money has been given to the Corn Growers to put on the workshops in more than half a dozen states on a variety of subjects: * …
Analyst Says Grain and Livestock Markets Affected by Biofuels Boom
Bill Holbrook, owner of Holbrook Consulting, says grain markets are responding to the rapid growth in the ethanol and biodiesel markets. But what will it mean to longer-term grain and livestock prices? In my interview with him, Holbrook says right now, livestock producers are expecting tighter margins, but long-term feed prices are more likely to be affected by weather and …