Illinois-based cooperative GROWMARK, Inc. is acquiring the refined fuels terminal near St. Joseph, Missouri from Magellan Pipeline Company with an intent to offer ethanol blends in the future in addition to diesel. Kevin Carroll, Vice President of GROWMARK’s Energy Division, says the acquisition will help them solidify the cooperative’s commitment to the energy business in northwestern Missouri and northeastern Kansas, …
Ethanol-Gas Price Difference Back to Normal
Ethanol and gas have settled back into a more normal price differential after three months of being nearly the same once gas prices started to plummet late last year. Renewable Fuels Association president and CEO Bob Dinneen notes that “wholesale ethanol prices traded near parity with—or even above—gasoline prices intermittently in November, December, and January,” but since the end of …
Methes Biodiesel Maker to Refine Corn OIl
A Canadian company has bought a Methes Energies International Ltd. biodiesel processor and will make the gaining plant the first facility in the world to use Methes’ pre-treatment system to process corn oil from a local ethanol plant. This Methes news release says the Denami 600 biodiesel processor and a PP-MEC pre-treatment system will be installed in Havelock, Ontario, Canada, …
Growth Energy Applauds E15 Bill
Growth Energy is applauding new legislation seen as favorable for E15 ethanol. This news release from the group says the Fuel Choice and Deregulation Act sponsored by Senators Rand Paul (R-KY) and Chuck Grassley (R-IA) contains a provision to extend the Reid Vapor Pressure (RVP) volatility waiver to E15, a moved welcomed by Tom Buis, CEO of Growth Energy: “We …
Another Successful ACE Fly-in
The seventh annual American Coalition for Ethanol Fly-in, which included an appearance by Sen. John Thune (R-SD), was another success for the organization, according to Executive Vice President Brian Jennings. “We do this because we know lawmakers and their staff want to meet with people with a little dirt or grease under their fingernails who are doing things out in …
Ethanol Supporters Counter Funding Request
Ethanol and agriculture industry groups sent their own letter to House Appropriations leadership in response to a group of lawmakers calling for the elimination of funding for blender pumps or corn ethanol export promotion. The letter signed by the Renewable Fuels Association, American Coalition for Ethanol, National Farmers Union, National Corn Growers Association, and Growth Energy calls on the subcommittee …
Retailer Takes Ethanol Story to Hill
Fuel retailers who have had to fight battles with big oil companies to offer higher ethanol blends were among those joining the American Coalition for Ethanol (ACE) Fly-in on Capitol Hill this week. Charlie Good has been in the fuel retailing business for 35 years as a convenience store operator and auto mechanic and he started offering higher ethanol blends …
Motor Club Rep: No Ethanol-Related Claims
While AAA may be an outspoken critic of ethanol blended gasoline and E15 in particular, some other motor clubs think differently, and one of them was on Capitol Hill this week with the American Coalition for Ethanol to tell his story to lawmakers. Gene Hammond with Association Motor Club Marketing and Travelers Motor Club, which represent 50 years in the …
Appropriations Request Targets Corn Ethanol
A group of Congressional representatives wrote to the House Appropriations leadership this week specifically asking that any funding to help install blender pumps or promote corn ethanol exports be eliminated from the USDA budget. In response to the letter, Growth Energy CEO Tom Buis said “the request is neither helpful nor logical,” and also “unnecessary since there is already a …
EPA Changes Cellulosic Waiver Credit Provisions
The Environmental Protection Agency (EPA) issued final rulemaking this week to clarify the data sources and methodology used to calculate the Cellulosic Waiver Credit (CWC) price. Under the rule, EPA has calculated the CWC prices for 2014 at $0.49 and for 2015 at $0.64. According to the EPA document, “The price of CWCs are determined using a formula specified in …