A business conditions report for midwestern states indicates that economic growth has slowed overall, but ethanol is helping to fuel growth in at least one of the states. In a monthly survey of supply managers in nine states, Creighton University’s Economic Forecasting Group found that Nebraska’s leading economic indicator, the Business Conditions Index, increased slightly for October. According to Creighton …
Price is Right
Consumers can find out the latest prices for E85 all over the country with the click of a mouse at E85prices.com. According to the website, the price of E85 fell significantly last month and the spread between unleaded and E85 has now widened to about 40 cents per gallon in many areas. The price of E85 is below $2.00 a …
Panda Keeps Climbing
Texas-based Panda Energy has announced plans to build another 100 million gallon-per-year ethanol plant powered by manure. According to the company, the latest plant will be located near the city of Muleshoe in Bailey County, Texas. The Muleshoe facility will generate the steam used in the ethanol manufacturing process by gasifying more than 1 billion pounds of cattle manure a …
Jumpstarting E85 in California
The U.S. Department of Energy has provided a major grant to build 15 public E85 stations in California. According to a news release, the effort will include the collaboration of some major environmental and corporate partners, including CALSTART, General Motors, Pacific Ethanol, and CleanFUEL USA. Currently, there is currently only one public station that sells E85 ethanol in California, despite …
Cool Fuel
Illinois Central Ethanol, or ICE, has announced plans for the development of an ethanol production facility in Nokomis, Illinois. The Montgomery County plant is projected to produce 50 million gallons of ethanol annually. The dry mill plant will use an estimated 18 million bushels of corn annually, according to Don Frank, ICE board president, “which will provide a good local …
International Domestic Fuel
Here’s a couple of interesting international developments on ethanol. Domestic Fuel reader Erick Erickson of Nebraska sent a link to a post on a European blog called Biopact that tells about “an interesting but as yet unclear development” in Venezuela. Seems that Venezuela’s most recent Energy Strategy Meeting concluded with the announcement that the country will be investing massively in …
On Pace for 20 Percent Growth
U.S. ethanol production is expected to increase by 20 percent over last year, according to the latest numbers that reflect production through August. The Renewable Fuels Association released the newest data from the Energy Information Administration showing that U.S. ethanol producers were averaging 329,000 barrels per day of ethanol production in August. That is a record for daily production average …
On-Line Course Teaches Mechanics of Ethanol
A new on-line training course for ethanol provides an understanding of ethanol fuel and how it affects engine performance and the environment. The Ethanol Promotion and Information Council (EPIC) developed the Ethanol Fuel Performance Training module for anyone who wants to get to know the technical side of the fuel, according to Reece Nanfito, senior director of marketing. “It’s intended …
Pumps Fine For Ten Percent Ethanol
In an effort to clarify the recent Underwriters Laboratory decision regarding E85 fuel pumps, the American Coalition for Ethanol is reassuring retailers that there is no concern regarding E10 fuel pumps. “It’s important to be clear that Underwriters Laboratories’ decision has absolutely no impact on pumps that dispense ethanol blends up to 10 percent,” said Ron Lamberty, ACE Vice President …
Ethanol Boosts ADM Profits
Ethanol production helped to more than double first quarter profits for number one ethanol producer Archer Daniels Midland. Net income was up 116 percent in the quarter ending September 30 to a total of $403 million, much of that due to a more than 300 percent increase in corn bioproducts, mostly ethanol. ADM senior VP of Corporate Affairs Brian Peterson …