The American Petroleum Institute (API) is using findings of a new report to try and dissuade the Environmental Protection Agency (EPA) from making a decision on the use of increased levels of ethanol in gasoline anytime in the near future. The Sierra Research report commissioned by the national trade association that represents the oil industry found that “multiple regulatory and …
Analysis Credits Ethanol With Lower Gas Prices
Gas prices have hit an eight-month low and an analysis in the Washington Post today gives part of the credit to ethanol. The main reason they say gas prices have declined is weak demand due to the economy and continued high unemployment. That comes from an American Petroleum Institute (API) news release last week, which reported gasoline demand for July, …
Bobbing In Petroleum
As the ethanol industry continues to fight for its subsidies before they expire at the end of the year, and the biodiesel industry has been fighting to survive without the $1 tax credit, the U.S. Senate did not even hesitate to preserve the oil industry’s subsidies. In addition, the Senate has yet to pass any comprehensive energy policy that would …
Oil Imports In July Highest in 18 Months
Foreign oil imports are up for the first time in 18 months according to the latest figures from the Energy Information Administration (EIA). The U.S. imported 65 percent of its oil, or 388 million barrels in July 2010, sending nearly $29.6 billion or $663,231 per minute to foreign countries. This is the highest number of barrels of oil imported in …
Biodiesel Product Can Clean Up Oil on Beaches
Biodiesel producers could be utilized to help clean up oil the coastline after the disaster in the Gulf of Mexico. According to the National Biodiesel Board, methyl esters – a chemical yielded in biodiesel production – can be formulated into a biobased solvent that is federally listed as a shoreline washing agent for oil spill clean-up. An effort is underway …
More Transparency Needed Among Environmental Groups
I’m calling the environmental movement out for supporting nothing and opposing everything. Not too long ago, I was proud to call myself an environmentalist. Today, I’m bordering on embarrassed to admit that I support sustainability programs. The cause of my distress is what is happening under the carpet among environmental groups. On the surface, they look squeaky clean, but when …
Green Scissors 2010 Calls for Cut in Wasteful Spending
At the helm of Friends of the Earth, a new report was released today highlighting government programs and subsidies that are wasteful to taxpayers, harmful to the environment and bad for consumers. The Green Scissors 2010 report targeted four major areas for budget cuts including energy, agriculture and biofuels, infrastructure, and public lands. Many of the recommendations of this report …
Indirect GHGs of Petroleum Worse Than Thought
Environment Magazine has published new research today that finds that the greenhouse gas emissions derived from military use of oil is worse than previously thought. University of Nebraska professors, Adam Liska and Richard Perrin write in the article, Securing Foreign Oil: A Case for Including Military Operations in the Climate Change Impact of Fuels, “we assert that military activity to …
BP to Acquire Verenium’s Cellulosic Ethanol Business
As BP struggles to stop the oil gushing out into the Gulf of Mexico, an announcement comes today that the company is making a major investment in cellulosic ethanol, as BP Biofuels North America is acquiring Verenium’s cellulosic biofuels business – which includes facilities in Jennings, LA and San Diego, CA – for $98.3 million. BP and Verenium have been …
Oil Spill Reality Check
Earlier today, the Global Renewable Fuels Alliance (GRFA) issued its top 10 list of offshore oils sites that they consider “at risk.” The list is an attempt to highlight the world’s choice between moving forward with the addition of more offshore oil rigs or building more sustainable biofuels plants. “The choice is clear,” said Global Renewable Fuels Alliance spokesperson, Bliss …