According to a new poll from the Des Moines Register, 71 percent of Iowans favor the Renewable Fuel Standard (RFS), 21 percent oppose it and eight percent are unsure. The issue was a hot button for candidates leading up to the Iowa Caucus where Sen. Ted Cruz received the state’s nomination, despite voters being unsure as to what his stance …
US Ethanol Production Sets Records
New records were set in 2015 for U.S. ethanol production and blending according to data from the Energy Information Administration (EIA). Last year ethanol production hit a record high of 14.81 billion gallons while refiners and blenders integrated a record 13.69 billion gallons into the U.S. gasoline supply. The industry’s monthly average output in December 2015 also crested the 1 …
University of Illinois Identifies Ideal Bioenergy Crops
New research from the University of Illinois has identified what bioenergy crops are best for certain regions while minimizing effects on water quantity and quality. The study was based on replacing current vegetation with crops for ethanol production and looked at how each crop would impact water quantity and quality in soils. “We expect the outcome of this study to …
Platt’s & DOC Partner on Trade Opps for Ethanol
Platts has entered into a strategic agreement with the U.S. Department of Commerce’s (DOC) International Trade Administration (ITA) to provide fundamental forecasting data and in-depth analysis for ethanol producers looking for export opportunities. Sarah Cottle, Platts global content director of agriculture, said of the announcement, “We’re pleased to be recognized by the U.S. Commerce Department’s International Trade Administration as a …
Research Looks Into Gas Prices
As I pulled into a gas station in Fairfield Glade, Tennessee last week I couldn’t believe the price per gallon of fuel with ethanol. After nearly $5.00 per gallon of gas a few years ago in states such as California, I never thought I’d see prices drop below $2.00. But they have and continue to stay. While this is great …
API Continues to Lambaste #RFS
The American Petroleum Institute (API) continues to lambaste the Renewable Fuel Standard (#RFS) as the energy policy draws criticism from all sides. Cited as the most effective energy policy ever enacted in the U.S. by supporters, API remains steadfast in its efforts to get the legislation repealed. Shortly before a Senate committee oversight hearing on Wednesday, API’s Downstream Group Director …
UNCTAD Report: Advanced Biofuels Here Now
Second generation biofuels made from non-food biomass are here right now according to a new report from UNCTAD. “Second-Generation Biofuel Markets: State of Play, Trade and Developing Country Perspectives,” finds these biofuels are a commercial reality in the context of advanced technologies, economic pressures and a political will to act on climate change. The report focuses on the role advanced …
Senate Holds #RFS Oversight Hearing
The U.S. Senate Committee on Environment and Public Works held an oversight hearing on the Renewable Fuel Standard (#RFS). The legislation has been under fire for several years and there are currently several lawsuits surrounding the program: the biofuels industry is suing because the required volumes (RVOs) for 2014, 2015 and 2016 are below what the legislation requires, and Big …
Cellulosic Ethanol Prices Hinges on Feedstocks
A new study from Lux Research finds innovation is still needed to make advanced biofuels competitive. The report cites six cellulosic ethanol facilities online and finds Raizen has the lowest projected minimum ethanol selling price of $2.17 per gallon. Abengoa’s $500 million Hugoton plant has the highest price of $4.55 with feedstock cost as the most critical variable. (It should …
Panelists Discuss E15 Revolution, Global Markets
Panelists discussed the “E15 Revolution” during the Growth Energy Leadership Conference held in Orlando this week. The retailer discussion focused on their efforts to help grow the consumer availability of E15 across the country. Panelists included Jim Pirolli, VP Fuels for Kum-N-Go; Mike Lorenz, Executive VP of Petroleum Supply; and Todd Garner, CEO of Protec Fuels. When discussing the changing …