A bill was introduced today in the Senate that would modify the current ethanol blender’s tax credit set to expire at the end of this year. Renewable Fuels Association president and CEO Bob Dinneen says the bipartisan Domestic Energy Promotion Act of 2011 introduced by Sen. Chuck Grassley (R-IA) already has a number of co-sponsors. “Senators Conrad, Johanns, Klobuchar, Franken, …
RFA Says Ethanol Helps Gas Prices
The latest average cost for a gallon of gas nationwide, as reported by AAA, is $3.88, but it would already be $4.00 a gallon without ten percent ethanol. According to the Renewable Fuels Association (RFA), based on current market conditions and federal renewable fuels policy, 10 percent ethanol blends (E10) are keeping gasoline prices $0.12 per gallon cheaper than they …
Ethanol Report on Boat Racing
A new partnership between the ethanol industry and boat racers is hoping to dunk the image of ethanol as a bad fuel for boat engines. Through the alliance between the Renewable Fuels Association (RFA) and the National Boat Racing Association (NBRA), the 2011 National Boat Racing Association Race Series will be “fueled with pride” and ten percent ethanol. This edition …
National Ethanol Conference Wrap Up
The Renewable Fuels Association (RFA) celebrated 30 years of advocating for ethanol this week during the 16th annual National Ethanol Conference in Phoenix. This edition of “The Ethanol Report” podcast features an interview with RFA president and CEO Bob Dinneen on the conference, the state of the ethanol industry, the new Advanced Ethanol Council and recent developments in Congress regarding …
Ethanol Report on New Advanced Ethanol Council
In this edition of “The Ethanol Report” podcast, we hear from the executive director of the newly formed Advanced Ethanol Council (AEC), Brooke Coleman. Coleman has been involved with the ethanol industry for over a decade, most recently as Executive Director of the New Fuels Alliance. He says that the new organization came together around a common theme. “The common …
Ethanol Report on World Supply Demand Estimates
The February USDA World Agriculture Supply and Demand Estimate (WASDE) report out today includes some revisions in grain use numbers. This edition of the Ethanol Report podcast with Renewable Fuels Association Vice President of Research Geoff Cooper takes a look at those numbers and provides some perspective from the ethanol industry standpoint. For U.S. corn supplies, USDA lowered its forecast …
Ethanol Report on the Year Ahead
Now that 2010 is just a memory and Congressional leaders are returning to Washington this week to open the first session of the 112th Congress, what does the future hold for ethanol? In this edition of “The Ethanol Report,” Renewable Fuels Association president and CEO Bob Dinneen gets out his crystal ball and talks about the year ahead for the …
Ethanol Report on 2010
As the champagne corks pop this New Year’s Eve, the ethanol industry will be celebrating more than they were a year ago. In this edition of “The Ethanol Report,” Renewable Fuels Association president and CEO Bob Dinneen talks about the year that 2010 was for the ethanol industry. “In many ways, 2010 was a record setting year,” Dinneen says. It …
Ethanol Report on Senate Passage of Tax Bill
In this edition of “The Ethanol Report” we get reaction from Renewable Fuels Association president and CEO Bob Dinneen on the passage by the Senate of the compromise tax package that includes a one-year extension of important tax incentives for ethanol production and use. Dinneen says they are thrilled with passage of the measure, which gives some stability to the …
Ethanol Report on California LCFS
The California Air Resources Board (CARB) has decided to use the latest research on indirect land use change (ILUC) for implementing the state’s Low Carbon Fuels Standard (LCFS), meaning the current ILUC penalty for corn ethanol likely will be cut by at least half by the spring of 2011. The Renewable Fuels Association (RFA) says the resolution is good news …