Struggling ethanol producers won an important decision by the Internal Revenue Service this week that allows them to retain the current five year depreciation for assets. Following over a year of intense work by the Renewable Fuels Association with the IRS, the agency has issued a Notice of Proposed Revenue Ruling clarifying that it will not seek to impose a …
Ethanol Report on Blender Pump Initiative
Corn growers and the ethanol industry are teaming up to bring more choices to the consumer at the fuel pump. In this edition of “The Ethanol Report” we hear from representatives of the National Corn Growers Association, the American Coalition for Ethanol and the Renewable Fuels Association about the “Blend Your Own Ethanol” campaign announced this week at the 22nd …
BYOethanol: Press Conference
Unless you haven’t been reading our coverage of the 22nd Ethanol Conference & Trade Show hosted by the American Coalition for Ethanol, you’ve heard by now the news regarding the new blender pump program called BYOethanol. Pronounced “bio,” Blend Your Own Ethanol is a joint campaign between ACE, RFA and NCGA to bring 5,000 blender pumps online throughout the United …
More Corn in the Forecast
Despite a late planting season, farmers are still expected to harvest the second biggest corn crop on record and U.S. corn supplies are projected at a record 14.5 billion bushels. According to the crop report released this morning, USDA is forecasting a 12.8 billion bushel corn crop – just two percent less than the record 2007 crop and five percent …
ACE & RFA Launch National Mid-Level Blend Campaign
The 22nd Ethanol Conference & Trade Show in Milwaukee kicked off with an announcement of the largest ever consolidated effort to install 5,000 mid-level blend, or blender pumps, throughout the country: BYOethanol. I know many of you are envisioning bringing your own ethanol to the upcoming college football tailgate party, but it really means, Blend Your Own Ethanol. The partnership …
Ethanol Welcomed at Sturgis Motorcycle Rally
Ethanol was welcomed with open arms at last week’s 69th annual Sturgis Motorcycle Rally in South Dakota where the Renewable Fuels Association partnered with the popular Buffalo Chip Campground and the Buffalo Chip Gazette to promote the use of ethanol blended fuels as a way to fight dependence on foreign oil. RFA’s Robert White – an avid motorcycle enthusiast – …
BYO Ethanol Initiative Launched
Corn growers and the ethanol industry are uniting to provide consumers with more choices at the pump, gas station owners with more product flexibility, and the nation with the ability to achieve its renewable fuels targets with a new campaign to increase the number of ethanol blender pumps nationwide. The campaign is a partnership between leading corn-producing states, the American …
Congress Takes Cash for Clunkers from Loan Program
“Cash for Clunkers” has another $2 billion to get less fuel-efficient vehicles off the road – but the renewable energy loan guarantee program has $2 billion less for research into alternative fuels. Renewable Fuels Association President and CEO Bob Dinneen says Congress should replace those borrowed funds as soon as possible. “While the cash for clunkers idea has merit, it …
Ethanol Industry Concerns About EPA Peer Review
The Environmental Protection Agency’s peer review of the renewable fuel standards lifecycle analysis released today is being characterized by corn and ethanol industry groups as biased, bizarre and puzzling. The Renewable Fuels Association (RFA) says the EPA “stacked the deck against biofuels in its process to “peer review” the agency’s indirect land use change analysis (ILUC) conducted for the Renewable …
Promoting Ethanol at Sturgis
Bike riders at the Sturgis Motorcycle Rally are seriously appreciating their ethanol koozies. Here’s market development staff members from the Renewable Fuels Association posing by one of their banners at the Buffalo Chip Campground. Throughout the event they’ll be handing out all kinds of materials to participants. Sounds like rough work but that’s what’s needed to get the ethanol message …