Team Ethanol is off to its best start of the Indy Car Series yet, finishing 7th in Saturday’s opening race in Homestead. Driver Ryan Hunter-Reay ran a great race and stayed in the top ten with all the big name drivers for the majority of the race. The 2007 Rookie of the Year was hoping for a better finish for …
FAPRI: Biofuels Will Drive Agriculture
Officials with the Food and Agricultural Policy Research Institute say biofuels will drive agriculture for at least the next 10 years. This story from Southeast Farm Press quotes FAPRI livestock analyst as saying “It’s hard to talk about a baseline without saying something about biofuels.” “We’re expecting in 2008 that ethanol production from corn to be nearly 11 billion gallons …
Texas Oilman Advocates Alternative Energy
Legendary oil investor T. Boone Pickens wants the U.S. to get off its addiction to foreign oil and fossil fuels. The 79-year-old multi-billionaire was on CNBC earlier this week talking about energy, oil prices and ethanol. According to Delta Farm Press, Pickens has changed his mind about ethanol. Pickens, who admitted he once opposed ethanol, said on CNBC’s daily “Squawk …
Car Dealer Opens E85 Station
CleanFUEL Distribution and General Motors held a grand opening event for a new E85 fueling station in Grapevine, Texas owned by Classic Chevy/Hummer. Over 3,200 gallons of E85 sold for 85 cents per gallon this morning to celebrate the opening. Classic Chevrolet/HUMMER spent more than $500,000 to install nine pumps dedicated to E85, E10 and biodiesel at its new Classic …
“Biogasoline” Could Compete With Ethanol
Shell and Virent Energy Systems of Wisconsin have announced a joint research and development effort to convert plant sugars directly into gasoline and gasoline blend components instead of ethanol. According to the companies, “the sugars can be sourced from non-food sources like corn stover, switch grass, wheat straw and sugarcane pulp, in addition to conventional biofuel feedstock like wheat, corn …
Corvette Ready to Run on Cellulosic E85
The Corvette Racing team will make its debut race on cellulosic E85 in the upcoming American LeMans Series Acura Sports Car Challenge in St. Petersburg, Florida April 4-5. GM Racing program manager Doug Fehan says they are very excited about it. “GM is the leader in the production of flex fuel vehicles, we produce over 2.5 million and we are …
Ethanex Bankruptcy
A company with ambitious plans to have ethanol plants in Illinois, Missouri, Kansas and Nebraska is now planning to file for bankruptcy after being unable to raise $1.5 million in necessary interim financing. Ethanex Energy at various times announced plans to buy Midwest Renewable Energy in Nebraska and build plants in Waltonville, Illinois and Cape Girardeau, Missouri and northeast Kansas. …
Consumer Group Blames Refiners for Higher Gas Prices
A new report from the Consumer Federation of America (CFA) blames higher gas prices on major U.S. oil refiners creating tighter markets. The report looks at why gas prices continue to rise despite declining gasoline consumption, high inventory levels and increased production of ethanol. “For half a decade the major oil companies have exercised their market power,” said Dr. Mark …
Orion Ethanol Diversifies
Orion Ethanol of Kansas has acquired a corn fructose wet milling facility located in Texas from Dimmitt Ethanol. Orion plans to convert the facility into a fully integrated renewable fuels campus in three phases over 3 years. The first phase will convert the corn fructose wet milling facility into a 60 million gallon per year ethanol plant and 10 million …
GO Ethanol Creates Jobs
On Monday, Ohio Governor Ted Strickland toured the nearly complete Greater Ohio Ethanol plant in Lima to promote his jobs creation program. According to LimaOhio.com, the governor’s “Building Ohio Jobs” proposal includes more than $250 million for investment in advanced energy projects including solar manufacturing, advanced coal technology and biofuels. “I think this community should feel really good about the …