Thanks to the efforts of the Renewable Fuels Association (RFA) and Protec Fuel there are now two new E85 fueling stations near I-10 just west of Jacksonville, Florida. R H Davis Oil Exxon in Macclenny and Citgo in Glen St. Mary will provide more fueling options to drivers of flex-fuel vehicles (FFVs) on the interstate as well as commuters traveling …
Senate Bill Would Extend Ethanol Tax Incentives
A bill has been introduced in the Senate to extend tax incentives for ethanol set to expire at the end of this year. Senators Charles Grassley (R-IA) and Kent Conrad (D-ND) introduced the bipartisan GREEN Jobs Act of 2010 that extends through 2015 the Volumetric Ethanol Excise Tax Credit (VEETC), the offsetting tariff on foreign ethanol, the Small Producers Tax …
Ethanol Report on Scaling the Blend Wall
In this edition of “The Ethanol Report,” Renewable Fuels Association (RFA) Director of Market Development Robert White talks about what RFA is doing to help ethanol scale the rapidly approaching blend wall. He discusses the BYO Ethanol program to get blender pumps installed, encouraging EPA to grant a waiver to allow up to 15 percent ethanol in regular gasoline, and …
Ethanol Report on Prices
Prices for ethanol are down right now compared to gasoline, which means drivers are saving money at the pump when they fill up with ethanol blends. But we could be saving even more if blenders could add up to 15 percent ethanol in regular gasoline. In this edition of “The Ethanol Report,” Renewable Fuels Association Vice President for Research Geoff …
Higher Ethanol Blends Could Mean Savings at the Pump
According to the Renewable Fuels Association, American drivers could be saving 12-19 cents per gallon if more ethanol were allowed in gasoline. Based on current wholesale prices, ethanol is selling for $0.70-$0.80 less than gasoline before the federal tax incentive for blenders is taken into account. This means gasoline blended with the statutory limit of 10% ethanol (E10) should cost …
Economist Defends Ethanol Jobs Numbers
In a commentary on the Natural Resources Defense Council blog, the organization’s Director of Renewable Energy Policy Nathanael Greene criticizes the ethanol industry for what he calls a “highly inflated jobs study” released earlier this week. Greene claims the industry’s jobs numbers are “way off” because they use both inflated jobs multipliers and inflated economic impact, creating what he calls …
Ethanol Starts 2010 With Record Production
U.S. ethanol production began 2010 on a record pace. The latest report from the Energy Information Administration (EIA) puts January 2010 ethanol production at an average of more than 818,000 barrels per day, compared to 188,000 in January 2009. EIA also reports fuel ethanol imports of 1.4 million gallons in January. Ethanol demand, as calculated by the Renewable Fuels Association …
Loss of Ethanol Incentives Could Cost Jobs in Half the Nation
New research indicates that allowing the ethanol tax incentives to expire at the end of this year would mean job losses in 25 states, not just the Midwest. According to additional research conducted by economist John Urbanchuk, non-traditional ethanol producing states like California, Texas, Georgia, Colorado, and Tennessee would be hit by job losses due to the expiration of the …
Brazil Eliminates Tariff on Ethanol Imports
In a bid to get the United States to eliminate tariffs on imported ethanol, the Brazilian government has announced it will reduce their tax on ethanol imports to zero from the current 20 percent through the end of next year. The Brazilian Chamber of Foreign Trade (CAMEX) announced the temporary reduction Monday and it is expected to go into effect …
More Corn Acres for Food and Fuel
More corn acreage is in the forecast for this year, according to the USDA Prospective Plantings report out today, and there is still plenty more in storage. According to the forecast, farmers intend to plant 88.8 million acres of corn in 2010, three percent more than both last year and 2008. Meanwhile, the Grain Stocks report shows corn stocks as …