Grand Opening Brings Wall Street to the Heartland

Cindy Zimmerman

US Bioenergy US BioEnergy Corporation (NASDAQ: USBE) is celebrating the grand opening Wednesday of the company’s newest ethanol production facility by ringing the closing bell on the NASDAQ from the plant in Albert City, Iowa. The feat will be accomplished remotely via satellite from the 100 mgy plant which actually started operations in December.

NASDAQ“Most companies go to New York in order to do this type of ceremony,” said US BioEnergy CEO Gordon Ommen. “Since we are a midwest company, really founded on the American farmer and those relationships, we thought we’d have New York come to rural America and meet us on our ground.”

OmmenUS BioEnergy is the largest “pure play” ethanol producer in the country. “The largest producer of ethanol in the U.S. is ADM,” said Ommen. “We are the second largest producer of ethanol and the largest ‘pure play’ producer, which means ethanol is our primary product.”

U.S. BioEnergy partners include Fagen, Inc. and Cenex Harvest States. The company currently owns and operates three ethanol plants and has five additional ethanol plants under construction. They just announced the beginning of construction on a 100 million gallon per year facility near Grinnell, Iowa which is co-owned by Big River Resources, LLC.

Listen to an interview with Ommen here. Listen To MP3 Ommen Interview (5:00 min MP3)

Ethanol, News

Ag Outlook Forum Focuses on Energy

Cindy Zimmerman

Outlook Forum The theme for USDA’s 83rd annual Agricultural Outlook Forum next month is “Agriculture at the Crossroads: Energy, Farm and Rural Policy.”

“USDA’s 2007 Agricultural Outlook Forum explores renewable energy’s future in biofuels, cellulosic, methane, and wind,” said Johanns. “The Forum’s national conversation about agriculture centers on the fascinating opportunities and challenges of renewable energy in the next farm bill and beyond.”

“Renewable Energy – Inroads to Agriculture,” the Forum’s plenary panel, includes Archer Daniels Midland President and CEO Patricia Woertz; Cargill Chairman and CEO Warren R. Staley; American Petroleum Institute President and Chairman Red Cavaney; and CHS, Inc. President and CEO John Johnson.

The forum will also address the “U.S. Potential for Biofuels,” featuring Renewable Fuels Association Bob Dinneen, and William Frey, DuPont’s Global Business Director for Biofuels, will explore the marketplace for biobutanol.

The forum will be held March 1 and 2 at the Crystal Gateway Marriott Hotel in Arlington, Virginia.

Biodiesel, Energy, Ethanol, Government, News

The BioWillie Song by Emily Richards

Chuck Zimmerman

Emily Richards BandHere’s your chance to hear a new song from Emily Richards and her new band – 2012AM. Theycame by the media room this afternoon in advance of their performance tonight which I’ll be attending. We sat down for a group interview in which I found out why they’re involved.

Listen to my Emily Richards Band (2012AM) interview here: Listen To MP3 Emily Richards (6 min MP3)

Listen to the BioWillie Song here: Listen To MP3 BioWillie Song (7 min MP3)

Domestic Fuel coverage of the
National Biodiesel Conference is sponsored by John Deere

Audio, Biodiesel, Biodiesel Conference

Darryl Brinkmann Annual Report

Chuck Zimmerman

Darryl BrinkmannNBB Chairman Darryl Brinkmann took to the stage today at the National Biodiesel Conference and gave us a great overview of what the organization is doing. He mentioned that the word biodiesel is now in the dictionary for the first time. You can learn a lot about what NBB is doing, especially in the area of quality control. Darryl talks about the growth of the BQ-9000 program.

Listen to Darry’s speech here: Listen To MP3 Darryl Brinkmann Speech (13 min MP3)

Domestic Fuel coverage of the
National Biodiesel Conference is sponsored by John Deere

Audio, Biodiesel, Biodiesel Conference

DaimlerChrysler Rewards NBB

Chuck Zimmerman

Deb MorrissettThe folks at the National Biodiesel Board have to be happy about an announcement made by DaimlerChrysler representative Deb Morrissett. She said that the company would provide a nice purchase incentive for NBB board and staff members as a way to show support and thanks for all the work they do to help further the promotion and development of biodiesel.

I interviewed Deb after her presentation which you can listen to here: Listen To MP3 Deb Morrissett Interview (3 min MP3)

You can listen to her full speech here: Listen To MP3 Deb Morrissett Speech (4 min MP3)

Domestic Fuel coverage of the
National Biodiesel Conference is sponsored by John Deere

Audio, Biodiesel, Biodiesel Conference

Michigan Gov to Call for Massive Alt Fuels Initiative

John Davis

Michigan Governor Jennifer M. Granholm The Detroit Free Press is reporting today that in tonight’s State of the State address Michigan Governor Jennifer M. Granholm will call for $100 million in state spending over the next three years on alternative energy in Michigan.

Here’s some of the anticipated highlights:

• Investing about $50 million over three years in public and private sector money to pay for the research and pilot programs of alternative energy companies in Michigan.

• A loan fund of about $12 million that would help the state’s alternative energy entrepreneurs reduce their debt and lower costs of capital access for renewable resources.

• Spending about $7 million to install about 1,000 biodiesel and ethanol pumps across the state by the end of 2008.

• Targeting $20 million of state money and at least $11 million from private resources toward the Venture Michigan Fund to help the commercialization of alternative energy companies across the state.

In addition, Granholm is expected to call for legislation that would require utilities to produce at least 10% of their energy from alternative sources such as wind and biofuels.

Biodiesel, Ethanol, Government, News

Marathon First to Offer In-line Blending in Kentucky

John Davis

Marathon Oil The nation’s fifth-largest oil refiner, Marathon Oil, has announced it is the first biodiesel storage and distribution terminal in Kentucky to provide in-line blending. From a company press release dated today, Mary Ellen Peters, Marathon’s senior vice president for marketing says “Biodiesel helps us meet thechanging needs of our customers while supporting Kentucky’s alternative
fuels goals. Our focus continues to be on delivering the quality products our customer’s desire. Shipping the first load of biodiesel out of Marathon’s terminal fulfills that goal.”

Kentucky Clean Fuels - Kentucky Soybean Board
The Kentucky Clean Fuels Coalition, the Kentucky Soybean Board and National Clean Cities, Inc. helped Marathon get some grants to make this possible. The terminal, located in Louisville, will provide B-2 (2% biodiesel) and B-5 (5% biodiesel) products.

Biodiesel

Coal Leader Poised to be Wind Leader

John Davis

Officials in Wyoming, the country’s largest coal producer, believe the state could become a leader in using wind to generate power. This story in the Casper (WY) Star Tribune says the state ranks as the seventh windiest in America and has 14 million acres of windy land:

FPL Energy Wyoming “Wind energy is the fastest growing energy technology in the world, and the future looks bright for this clean energy source in Wyoming,” said documents from FPL Energy, which owns and operates the Wyoming Wind Energy Center near Evanston. “The state has world-class wind resources, the technology is improving and the costs are coming down, making wind power cost competitive with other forms of electricity generation.”

The Evanston center powers about 43,000 homes, and Wyoming has two other wind generation sites… one south of Cheyenne, and one in Medicine Bow. The article says the potential for wind electrical generation in the state is 883 million megawatt hours per year. Wyoming used only 12 million megawatt hours in 1999.

Wind

Riding & Driving

Chuck Zimmerman

Volkswagen TouregThe Ride & Drive is bigger and better than ever here at the National Biodiesel Conference this year. If you want, you can drive any of several vehicles like this 2007 Volkswagen Toureg TDI.

You can see a list of all the vehicles involved here: Ride & Drive List (pdf file)

If you’re interested you can also see a list of diesel vehicles which are available here in the United States: Diesel Vehicle List (pdf file)

Domestic Fuel coverage of the
National Biodiesel Conference is sponsored by John Deere

Biodiesel, Biodiesel Conference, Car Makers

Merle Haggard on Biodiesel

Chuck Zimmerman

Merle HaggardOne of the newest stars to advocate biodiesel is Merle Haggard. The legendary country star performed for attendees at this year’s Conference after meeting with the press and the board of the National Biodiesel Board.

Before coming to the auditorium where he performed though his bus got a fill up with biodiesel. During the press conference Merle said that he was learning about the benefits of biodiesel. When asked what attracted him to the renewable fuel source his answer was “the smell.”

Merle HaggardAs someone who is in a diesel powered bus a lot he says he really doesn’t like the smell of burning diesel but heard that biodiesel smelled different and that was what got him interested. He also said that he’s happy for how the development of biodiesel is helping American farmers. (Thanks to Brian Kanof for the picture of Merle filling up)

I recorded the full press conference which you can listen to here: Listen To MP3 Merle Haggard Press Conference (14 min MP3)

Domestic Fuel coverage of the
National Biodiesel Conference is sponsored by John Deere

Audio, Biodiesel, Biodiesel Conference