The Renewable Fuels Association (RFA) has released a new study that shows the Renewable Fuel Standard saves drivers money at the gas pump every day and also enhances energy security by greatly reducing or even eliminating the blow to our nation’s drivers when global oil production is disrupted. The analysis, by independent economist and energy expert Dr. Philip K. Verleger, …
Sen. Grassley Hopes Trump Biofuels Plan Coming Soon
Sen. Chuck Grassley (R-IA) believes President Trump is getting tired of dealing with the biofuels small refinery waiver issue and he expects a plan will be announced soon. During a call with reporters, Sen. Grassley said the biofuel industry demands are very simple. “We want 15 billion gallons to be 15 billion gallons…so that means basically you can waive all …
Farmer-Owned Iowa Ethanol Plant Idled
Siouxland Energy Cooperative has idled production at its ethanol production facility in Sioux Center, Iowa. The Board decided to halt production due to the Administration’s recent grant of small-refinery exemptions (SREs) to many large oil refineries, which has undermined the Renewable Fuel Standard and reduced ethanol demand by 4 billion gallons. Kelly Nieuwenhuis, President of the Board, said: “The Administration’s …
RFA CEO Says Saudi Attack Shows Need for Ethanol
Drone attacks on Saturday in Saudi Arabia that knocked out more than 5 percent of global oil supply and caused a major spike in oil prices on Monday spotlight the need for real energy security by diversification of the liquid fuel supply, according to Renewable Fuels Association President and CEO Geoff Cooper. “The crude oil and gasoline price spikes following …
Ethanol Production Holding On
U.S. ethanol production continues to stay above one million barrels per day on average this year, but just barely. According to EIA data analyzed by the Renewable Fuels Association for the week ending Sept. 6, ethanol production averaged 1.023 million barrels per day (b/d)— equivalent to 42.97 million gallons daily. Output expanded by 10,000 b/d, or 1.0%, from the previous …
USDA Lowers Corn Use for Ethanol
The September World Agricultural Supply and Demand Estimates out Thursday from USDA reduced the outlook for U.S. corn production and for the amount of corn used to produce ethanol. This month’s 2019/20 U.S. corn outlook is for reduced production, lower corn used for ethanol, and slightly higher ending stocks. Corn production is forecast at 13.799 billion bushels, down 102 million …
Corn Growers Support E15 in Court Motion
The National Corn Growers Association (NCGA) this week filed a motion in support of the Environmental Protection Agency (EPA) and the final rule allowing for year-round sales of E15, opposing an effort by the oil industry to challenge the rule. If successful, the oil industry’s lawsuit would overturn the E15 rule. NCGA and its farmer members have been long-time advocates …
‘Ethanol Days of Summer’ Contest Ends
Labor Day signaled the unofficial end of summer and the official end of the Renewable Fuels Association’s (RFA) third annual “Ethanol Days of Summer” contest. The three-month contest offered consumers the chance to win $50 in free fuel per day, and more than 3,100 new users of E85prices.com registered and helped report prices for higher ethanol blends like E15 and …
Political Pollster Plugs E85
Political consultant, pollster, and “public opinion guru” Frank Luntz gave a surprising plug for the use of E85 (85 percent ethanol blended fuel) and the need for more flex fuel vehicles (FFVs) during an appearance on FOX News Channel’s The Ingraham Angle with Laura Ingraham last Thursday. “There’s a gasoline, E85, it’s ethanol,” said Luntz during an interview about the …
Ethanol Report DC Update
Ethanol continues to be in the national news with President Trump indicating he will be announcing some type of small refinery waiver mitigation for the industry, as demands that the gallons waived be reallocated increase. Renewable Fuels Association (RFA) president and CEO Geoff Cooper was in Washington DC this week and in this edition of The Ethanol Report he gives …