As the Environmental Protection Agency (EPA) comment period comes to a close prior to their decision on whether or not to grant a waiver for the Renewable Fuel Standard (RFS), the American Coalition for Ethanol submitted comments to make the case to keep the RFS in place. The comment deadline is October 11, 2012. ACE Executive Vice President, Brian Jennings, …
Cali Senators Call for Cali Gas Price Investigation
According to a Los Angeles Times article, California Senators Dianne Feinstein (D-Calif) and Barbara Boxer (D-Calif) have called for a Federal Trade Commission (FTC) investigation into California’s high gas prices. In one week, the per gallon price of gas jumped 50 cents. Fuel analysts attribute the increase to an oil pipeline problem, maintenance procedures, and refinery mishaps. According to Feinstein, …
NASCAR Hits Three Million Miles on E15
NASCAR race cars powered by a blend of 15% ethanol have now officially passed the three million mile mark. American Ethanol partner Growth Energy announced the milestone today at the annual National Association of Convenience Stores Show (NACS) in Las Vegas. Austin Dillon, driver of the No. 3 American Ethanol Chevrolet in NASCAR, made an appearance at the event to …
Study Indicates RFS Waiver Could Increase Feed Prices
On the eve of the deadline for providing comments to the Environmental Protection Agency on the Renewable Fuel Standard (RFS) waiver request, the ethanol industry has released a new study that indicates a waiver could actually increase the cost of feed for livestock and poultry producers. The analysis, conducted by Cardno-ENTRIX and commissioned by the Renewable Fuels Association (RFA), finds …
IRFA Gets Words of Support From Romney
Iowa Renewable Fuels Association (IRFA) members grabbed the ear of Republican presidential candidate Mitt Romney for a moment Tuesday and got him to say “I do” – support the Renewable Fuel Standard (RFS) and ethanol, that is. After listening to Governor Romney speak at an Iowa farm, IRFA President Brad Albin with the Renewable Energy Group (REG) and past president …
Romney Rural Policy Includes Renewable Energy
Republican presidential candidate Mitt Romney stressed his commitment to energy independence in an agricultural policy white paper released on Tuesday. Governor Romney’s agenda for energy independence includes maintaining the Renewable Fuel Standard (RFS), “fulfilling the federal government’s commitment to biofuels growers and refiners and providing them the certainty they need to followthrough on their investments in promising technologies.” “We applaud …
IRFA Launches 2012 Election Campaign Webpage
With the presidential elections only a few weeks away, the Iowa Renewable Fuels Association (IRFA) has unveiled a new web page that highlights the stances of President Barack Obama and former Governor Mitt Romney regarding their positions on renewable fuels. As the campaign progresses, additional information will be added. “Iowa is the nation’s leading producer of both ethanol and biodiesel, …
EU Ethanol Dumping Allegations Dropped
Reuters is reporting that the European Union is no longer investigating allegations that the United States illegally subsidized and dumped ethanol on the European Market. The European Commission, which is the executive body of the European Union, conducted an 11-month investigation. During that time, the Commission says it found no evidence that such action had been taken by the U.S. …
Pacific Ethanol Raises $11M in IPO
Despite concerns over the drought in the U.S. that is effecting the corn harvest, Pacific Ethanol, whose primary feedstock is corn, raised $11 million in its public offering of common stock. The goal was achieved in less than a week. The company had also raised money two months before in an effort to raise funds to regain majority ownership in …
FAPRI Study Weighs Impact of RFS Waiver
A new report has been issued by FAPRI-MU regarding the impacts of various RFS waiver options to inform decision makers who will determine if and how a wavier should be issued to adjust biofuel mandates for the Renewable Fuels Standard (RFS2). The request came from various sources in response to the 2012 drought that still continues. “Renewable Fuel Standard Waiver Options …