Groups representing biofuels and farm interests are praising the Pentagon’s action to develop cheaper, drop-in biofuels. Michael McAdams, president of the Advanced Biofuels Association, says the $16 million awarded under the Defense Production Act is a significant step in supporting efforts to build commercial drop in fuels facilities: “Biofuels offer outstanding performance and environmental sustainability, while also providing a diversity …
New DoD Contract Looks to Crack $4/gal Biofuels
The Pentagon has handed out a series of contracts for aviation biofuels totaling $16 million. Bloomberg reports the three refineries in Illinois, Nebraska and California that won the Department of Defense awards hope to make the green fuels for less than $4 per gallon: The contracts will be matched by more than $17 million in investments by the contractors, Sharon …
New Algae-to-Biofuels Photobioreactor Designed
Researchers at a university in Spain believe they have a new photobioreactor that will make it easier to turn algae into biofuels. The University of Alicante announced a patent on the new device: The Research Group in Polymer Processing and Pyrolysis at the University of Alicante is the team that has designed and developed this device, consisting of a photobioreactor, …
Filling Up? Ethanol Will Save You Money
This Memorial Day, the Renewable Fuels Association (RFA) is reminding drivers that ethanol can help save money at the pump. As national gas prices continue to rise, the national average today is $3.66 according to GasBuddy.com. For drivers living on the coasts, it’s not uncommon to see high gas prices. Yet the oddity this year is that the highest prices …
Needed: Summer Gas Loan
It’s that time of year when families hop in the car and begin summer vacations. It’s also the time of year when gas prices jump up and the cash in wallets jumps out. When I filled up my tank yesterday, I thought I might have to go the bank and take out a “summer gas loan” to help pay for …
Ethanol Improving While Oil Gets Worse
The House and Energy Commerce Committee has released its third white paper on the Renewable Fuel Standard, “Greenhouse Gas Emissions and Environmental Impacts.” Executive Vice President of the American Coalition for Ethanol (ACE), Brian Jennings, responded with written comments that included but were not limited to feedback on the RFS role on the environment, agricultural sustainability and tailpipe emissions. “…petroleum …
Iowa Gets Aggressive on Blend Wall
The Iowa Legislature has passed H.F. 640 that supports fuel choice for Iowa’s fuel retailers and consumers. The legislation protects retailers from Big Oil efforts to restrict competition by guaranteeing them the right to offer ethanol and biodiesel blends of their choice including E15, E85 and B20. “This legislation represents a solid step forward for higher ethanol blends, consumer choice, …
Absolute Energy Offers Drivers Relief at the Pump
As Memorial Day approaches marking the beginning of summer driving season, gas prices have spiked. Last week, gas prices went up .19 cents per gallon in Iowa with ending average prices at $3.70 per gallon. Spikes were even higher in Minnesota/St. Paul with prices averaging $4.21 across the state while the national average is around $3.60 per gallon. In response …
Ag Processing Shuts Its Doors
Ag Processing Inc a cooperative (AGP) announced it has permanently shut down operations of its corn processing plant at Hastings, Nebraska. The plant had been on an extended shutdown since February 1, 2013 amid challenging economic conditions. At that time, the company said it would continue to evaluate the future of the plant. This week the decision to permanently close …
Energy Exec Survey: Energy Independence by 2030
According to the 11th annual Energy Industry Outlook Survey conducted by the KPMG Global Energy Institute, 62 percent of energy executives believe the U.S. can attain energy independence by 2030, eliminating dependency on foreign oil. The survey polled more than 100 senior energy executives in the U.S. and found that this is a 10 percent increase from last year’s survey. …