Ten years ago this month, just days before Christmas, President George W. Bush signed into law the Energy Independence and Security Act which greatly expanded the Renewable Fuel Standard (RFS) to include up to 36 billion gallons of biofuels by 2022. The expansion became known as RFS2, like the sequel to a big movie that had just been released two …
MN Bio-Fuels Honors E15 Station Owner
The Minnesota Bio-Fuels Association has presented its 2017 Distinguished Retailer Award to Drake Properties LLC, which owns three E15 stations in the Twin Cities metro. “This award recognizes Drake Properties’ commitment to offering consumers a clean and locally-produced choice at the pump. In under 12 months, E15 has been made available in three of its locations,” said Tim Rudnicki, executive …
A Decade of Progress with RFS2
It was ten years ago today that President George W. Bush signed into law the Energy Independence and Security Act, which greatly expanded the Renewable Fuel Standard (RFS) established in 2005 so it became known as RFS2. In the decade since passage, significant progress has been made towards greater energy security, cleaner air and boosting local economies, according to a …
#ThankYouRFS for 10 Years of Biofuels Success
The Energy Independence and Security Act of 2007 was signed 10 years ago this week, with the intent of moving the United States “toward greater energy independence and security, to increase the production of clean renewable fuels, to protect consumers” under the expansion of the Renewable Fuel Standard created in 2005 and known as RFS2. The Renewable Fuels Association is …
ACE Urges Extension of Biofuels Tax Credits
The American Coalition for Ethanol (ACE) is urging the Conference Committee to include an extension of the Cellulosic Biofuel Tax Credit and Biodiesel Tax Credit as part of the Tax Cuts and Jobs Act. “Extension of these provisions is critically important and consistent with the stated purposes of the tax bill of ‘growing our economy, bringing jobs back to our …
Biofuel Groups Thank Trump for RFS Support
Nearly 100 businesses and organizations representing biofuels sent a letter to the White House last week thanking President Trump for his support of the Renewable Fuel Standard (RFS). The letter also offered the president “some insights on how to maintain growth under the program while minimizing any potential for undue financial stress in certain parts of the refining industry” in …
Perdue Hopes For RFS Resolution
It’s been a long and busy year for Secretary of Agriculture Sonny Perdue, but here at the end he is still short-staffed at USDA and could use some help from Santa to get the job done. “I had no idea we would be delayed like this and it’s unfortunate,” said Sec. Perdue in a recent interview with Iowa Agribusiness Network‘s …
Auto Channel Takes On Swamp Watch
Marc Rauch of the Auto Channel is known to take mainstream media reporters to task for being fact-challenged when it comes to ethanol, and his most recent target is Steve Hilton, who has a show on Fox News called “The Next Revolution” with a segment called “Swamp Watch.” Rauch says Hilton’s seven minute segment on “The Corrupt Ethanol Industry” is …
USDA Boosts Corn for Ethanol Forecast
Ethanol is driving up demand for corn in the December supply demand estimate from USDA. The forecast for 2017-18 increases the amount of corn used to produce ethanol by 50 million bushels to 5.525 billion, based on less sorghum going to ethanol production. Corn ending stocks are lowered in turn by 50 million bushels but the impact on the season-average …
Skor to Keynote Iowa RFA Summit
Growth Energy CEO Emily Skor will discuss the growing popularity of E15 and current challenges and opportunities for the fuel during her keynote address at the 2018 Iowa Renewable Fuels Summit on January 30 in Altoona, Iowa. “More major retail stations across the country are offering E15 today than ever before,” Skor said. “The spectacular growth of E15 is a …