Futures prices for oilseeds, such as soybeans, as well as the price of corn rose after the federal government’s announcement on the amount of biodiesel and ethanol to be blended into the nation’s fuel supply. This report from Nasdaq says soybean prices rose to a five-week high, while corn prices also saw some gains. Buying in the soybean-oil market also …
More #Ethanol Groups Disappointed with #RFS Rule
While ethanol industry representatives agree that the EPA final rule for volume obligations under the Renewable Fuel Standard is an improvement, most still are disappointed. American Coalition for Ethanol (ACE) Executive Vice President Brian Jennings says the final rule protects the oil industry from meeting the requirements that Congress intended. “When Congress enacted the Renewable Fuel Standard it voted to …
#Ag Industry Split on Final #RFS Rules
The #Ag industry is split on the final #RFS (Renewable Fuel Standard) rules that were released yesterday by the Environmental Protection Agency (EPA). While the RVOs (renewable volume obligations) were an improvement over the proposed rules released in May of this year, the #Ag industry is calling on the EPA to further strengthen the legislation and increase the amount of corn …
Growth Energy Reacts Positively to #RFS Final Rules
Growth Energy reacted positively today after the Environmental Protection Agency (EPA) released the final Renewable Volume Obligations (RVOs) under the 2014, 2015 and 2015 Renewable Fuel Standard (#RFS). While the volumes were higher than in the proposed rules, on behalf of its members, Tom Buis, co-chairman, said that their members are pleased to see the #EPA moving the renewable fuels …
Final #RFS Numbers Disappoint @EthanolRFA
The Environmental Protection Agency’s final rule for volume obligations under the Renewable Fuel Standard (RFS) “puts the future of biofuels and climate policy in the hands of the oil industry,” according to Renewable Fuels Association (RFA) president and CEO Bob Dinneen. “Let’s give EPA props, I guess, for recognizing that gasoline demand is increasing and that they needed to increase …
Final #RFS RVO Numbers from @EPA
The Environmental Protection Agency (EPA) announced final volume requirements under the Renewable Fuel Standard (RFS) program Monday for the years 2014, 2015 and 2016, and final volume requirements for biomass-based diesel for 2014 to 2017. The rule finalizes higher volumes of renewable fuel than the levels EPA proposed in June, according to Janet McCabe, the acting assistant administrator for EPA’s …
Rubio Commits to Supporting RFS
At a campaign stop in Council Bluffs, Iowa this week, presidential candidate Sen. Marco Rubio committed to supporting the Renewable Fuel Standard (RFS) through 2022. According to America’s Renewable Future (ARF), this is the most in-depth answer Sen. Rubio has given on the subject saying, “Whether you like it or not, it isn’t fair to yank away something in the …
Experts Present Case for Ethanol vs Gasoline
Leading experts in the field of lifecycle greenhouse gas (GHG) analysis and agricultural land use today responded to claims that corn ethanol and other biofuels are somehow worse for the climate than petroleum. A panel of scientists and economists refuted the suggestion by anti-biofuel advocates that carbon accounting schemes should not credit bioenergy feedstocks for CO2 absorption based on the …
Odor Wins Ethanol Racing Championship
Osceola, Iowa-based John Oder has taken the top spot in the Kearney Raceway Pro Class Points Championship driving his 1971 Dodge Challenger. Trailing by 60 points late in the event, Oder took the last two rounds to earn his second consecutive championship. Odor won six races in the 2015 season including his final three, and this year was his first …
Growth Energy Intros ‘Bachelor’ Chris Soules RFS Ad
During a press call this morning, Growth Energy launched a week-long TV ad campaign featuring Iowa Farmer Chris Soules of “The Bachelor” and “Dancing with the Stars” fame. The ad focuses on the economic benefits of ethanol and the Renewable Fuel Standard (RFS) in rural America. The spot hits airwaves just days before the Obama Administration is due to announce …