A company with experience successfully commercializing a variety of new technologies says it would be a mistake if government targets for renewable fuels are lowered. During yesterday’s Fuels America conference call on the prospect the Environmental Protection Agency (EPA) could drop renewable volume obligations (RVOs) next year from the statutory level of 14.4 billion gallons to between 12.36 and 13.18 …
Lowering RFS Will Raise Big Oil Profits
Big Oil will reap big profits if the Environmental Protection Agency actually proposes a substantial cut to the 2014 Renewable Fuel Standard (RFS) requirement for conventional biofuel blending, according to a new analysis released by the ethanol industry today. The analysis finds that the oil industry stand to make an additional $9-14 billion in 2014 if the EPA were to …
Missouri Governor Voices Support for Ethanol
With the harvest nearing completion in Missouri, Governor Jay Nixon last week joined the Missouri Corn Growers Association at a grain elevator in the northeast part of the state to support the state’s corn growers and ethanol industry. “Each year about 20% of Missouri’s corn crop is turned into about 300 million gallons of ethanol – a renewable, domestic energy …
How To Make E85 Sales Soar
A bottleneck of too few fuel stations that offer E85 (85% ethanol 15% gasoline), along with price incongruity are two major factors that reduce the ability of E85 to help meet increasing Renewable Fuel Standard (RFS) biofuel mandates. Iowa State University economists Bruce A Babcock and Sebastien Pouliot state in “How Much E85 Can Be Consumed in the U.S.” that …
UNICA Asks Gov’t to Educate Country About Ethanol
Brazil’s sugar cane growers are asking for some help from that country’s government to educate the public about ethanol. Elizabeth Farina, the President of the Union of the Industry of Cane Sugar Association (UNICA), said the industry needs to overcome prejudices caused by inadequate public policies and interference in the fuel market that hurts ethanol’s competitiveness. To that end, the …
IRFA 2014 Iowa Renewable Fuels Summit Announced
The Iowa Renewable Fuels Association (IRFA) has announced the start of registration for the 8th Annual Iowa Renewable Fuels Summit and Trade Show. The Summit is free, open to the public, and will be held January 28, 2014 at The Meadows Conference Center at Prairie Meadows in Altoona, Iowa. With discussion over renewable fuels policy at fever pitch, the 2014 …
GPRE Acquires BioFuel Energy Ethanol Plants
Green Plains Renewable Energy (GRPE) has announced a definitive agreement to acquire two of BioFuel Energy Corp’s (BIOF) ethanol plants from its lender group. The ethanol plants are located in Wood River, Nebraska and Fairmont, Minnesota. The two facilities have a combined annual production capacity of approximately 220 million gallons, and the acquisition will increase GPRE’s production capacity by 28 …
Most Top Selling Cars Approved for E15
If you’re in the market for a 2014 F Type X152 Jaguar and want to use 15% ethanol blended fuel in it, you are in luck. It is one of the 70% of the Top 20 best-selling cars approved by automakers to use E15 in 2014 models, according to the Renewable Fuels Association. Maybe you would prefer a Mercedes C …
Farm Bill Conferees Urge Energy Funding
The Senate version of the farm bill includes $800 million in mandatory funding for energy programs while the House version contains zero – one of the relatively minor differences in the two bills that could get resolved quickly in conference. Several senators spoke in support of providing mandatory funding for the energy title during the first meeting of the House …
American Ethanol Storms Into the Lone Star State
American Ethanol is racing in the Lone Star State this week and team spokesman Austin Dillion is closing in on a championship. Ethanol supporters and NASCAR fans will be heading to Texas to cheer on their driver and interact with fans about ethanol. Dillon is known for his signature cowboy hat, but he wouldn’t mind trading in his hat for …