Biodiesel and soybean grower interests were happy to see legislation introduced this week that would extend the biodiesel tax incentive. According to a release from the National Biodiesel Board and the American Soybean Association, the bill was introduced yesterday by Senate Finance Committee Chairman Chuck Grassley (R-IA) and Ranking Member Max Baucus (D-MT). The Grassley/Baucus bill, S. 2401, extends popular …
Home Brewed Biodiesel – first post from our new contributor
Allow me to introduce the first Domestic Fuel contributing poster. His name is John Wells and he resides not too far from us here in mid-Missouri with his wife Jennie and baby daughter Jillian. He’s a graduate of the University of Missouri with a degree in communications and and is currently pursuing a Masters degree in Public Administration. For the …
Empire State Biodiesel
Here’s an MSNBC story from Buffalo, NY that talks about biodiesel developments happening there – from a student at the University of Buffalo making biodiesel from waste grease to two small area businesses that have big plans for biodiesel production. Blue Sky Optimium Energy was started three years ago by a young Erie Community College graduate and Greenway Energy Group …
Big Company Gets Big Incentives To Build Big Biodiesel Plant
The biggest biodiesel plant in the world is being built in Claypool, Indiana, according to this article from IndyStar.com. The project, which was announced last year, combines a soybean processing plant with a biodiesel production plant. The facility will crush nearly 50 million bushels of soybeans a year, producing more than 1 million tons of soybean meal for animal feed …
Energy Excitement Generated at Summit
According to the press release from this week’s energy summit in Washington, DC, “Energy, enthusiasm and excitement marked the unveiling of 25x’25 to those attending the second National Agriculture and Forestry Renewable Energy Summit.” One of the most interesting news items from the summit was a survey of registered voters that shows overwhelming support for renewable energy initiatives. There is …
Johanns at Energy Summit in DC
With a goal of providing 25 percent of the nation’s energy supply from renewable resources by 2025, the Ag Energy Work Group held it’s second National Ag and Forestry Renewabe Energy Summit, in Washington, DC this week. I apologize for having been remiss in doing posts about this group’s activities, especially since good friend Sara Wyant sent us some info …
Renewable Fuel Group Staff Meet With Sec. of Ag
Our U. S. Secretary of Agriculture not only mentioned renewable fuels in his speech last week at Commodity Classic but he made sure he met with all t he folks there working for the various organizations involved with the industry.
Pawlenty of Renewable Fuel In MN
Minnesota Governor, Tim Pawlenty, spoke to a crowd here at Commodity Classic in Anaheim on Friday. I think some of the folks here would like to see him run for President. He gave a great talk about how his state has led the way in the development of renewable fuels and challenged other states to follow their lead in what he called the “Energy Revolution.”
Hearing From The President of ASA
The President of the American Soybean Association is Bob Metz, from South Dakota. Bob is very happy with the way things are going with the whole renewable fuels initiative in the U. S. and especially with biodiesel. I don’t think you’ll find a bigger supporter out there.
Fats and Oils in Demand
An economist who makes his living forecasting the future of oils and oilseeds says that the supply of fats and oils in the world is not enough to keep pace with demand.