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RFA Helps Santa with Naughty/Nice List

(Brownfield Ag News for America)  ...“It’s actually fairly easy this year,” said (Bob) Dinneen (President/CEO of the Renewable Fuels Association). “Just a few weeks ago the American Petroleum Institute (API) came out against the Renewable Fuels Standard that has been

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The Age of Upstream

by Jim Lane (Biofuels Digest)  ...You see it everywhere. Oil producers are happy, refiners are squeezed. Corn, soy and sugar prices are at historic highs, ethanol and biodiesel producers are squeezed. Iron prices are high, steel producers are challenged. Utilities

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Eni Plans to Convert Venice Refinery Into Biofuels Facility

by Dan Liefgreen (Bloomberg BusinessWeek)  Eni SpA (ENI), Italy’s largest oil company, plans to convert its Venice refinery into a biofuels facility by 2014. Eni staff met labor unions and city staff to review the project, which involves an investment of

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Environmental Regulations Kindle the Southeast Asian Automotive Biofuels Market, Finds Frost & Sullivan

(Frost & Sullivan/Sacramento Bee)  Removing subsidies for conventional fuels and providing incentives for biofuels will bolster market growth New analysis from Frost & Sullivan (http://www.chemicals.frost.com), Strategic Analysis of Southeast Asian Automotive Biofuels Market, finds that the market earned revenues of more than

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ICM: Why We Must Keep the Renewable Fuel Standard

by Dave Vander Griend (ICM/Ethanol Producer Magazine)  I was disappointed to read the Aug. 24Wichita Eagle editorial titled “End Ethanol Mandate.” It was important for us to provide factual information instead of misinformation. First, the U.S. ethanol industry stands on its own, with

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Biofuels Group: Big Oil Also behind Ethanol Waiver Requests

by Zack Coleman (The Hill/E2Wire)  ...Monte Shaw, executive director with the Iowa Renewable Fuels Association, credits the uptick in gubernatorial and congressional interest to oil groups viewing 2013 as the last chance to nix the RFS before it forces them

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Mitt Romney Says Plan Will Achieve North American Energy Independence by 2020

by Philip Rucker (The Washington Post)  ...While Romney stressed the idea of independence, the plan relies heavily on imports from Canada and Mexico, two of the world’s biggest oil producers. Hence the use of the phrase “North American” before energy

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BP Biofuels, Texas AgriLife Research Sign Agreement to Advance Biofuel Feedstock Development

(Texas AgriLife)  BP Biofuels and Texas AgriLife Research, part of The Texas A&M University System, have signed a three-year agreement to develop and commercialize cellulosic feedstocks for the production of advanced biofuels. The collaboration will utilize AgriLife Research’s diverse high biomass

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Paul Ryan's Energy Record Elates Right, Deflates Greens

by Andrew Restuccia (Politico)  The Wisconsin Republican has been an outspoken critic of President Barack Obama’s clean energy agenda, offering a fiscal plan earlier this year that neatly mirrors the GOP’s policy priorities. The plan would expand oil and gas drilling,

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Slippery Business: Inside Big Oil's Little Hint that It's Picking Romney to Win.

by Steve Levine (Foreign Policy)   ...Three years ago, we saw a very different Rex Tillerson. In January 2009, the ExxonMobil CEO was so worried about the Obama juggernaut that he engineered a wholesale change in the company's public policy.

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Baby vs Bathwater: When Does Budget Prudence Tip over into Energy Shortsightism?

Joelle Brink (Biofuels Digest)  ...The Navy doesn’t go to war, or even a war simulation, with unproven technology. That sends a message loud and clear to those who hope the Age of Biofuels has not yet arrived. If you’re a fossil

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Senators Gird for Fight over U.S. Navy's 'Green Fleet'

by Roberta Rampton and Susan Cornwell (Reuters)  U.S. senators who support the Pentagon's push to expand its use of biofuels said they have a plan to answer critics who argue the fuel is far too expensive to help develop at a

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Clean Technology: US Policy Aids Second Generation Biofuel Push

by Guy Chazan (Financial Times)  In the world of biofuels, all eyes are on the tiny northern Italian town of Crescentino, site of the world’s first commercial-scale cellulosic ethanol plant, which will start production this year. The venture might be small,

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Ellison Wants to End Fossil Fuel Subsidies

by Brett Neely  (Minnesota Public Radio)  U.S. Rep. Keith Ellison introduced legislation Thursday to end all subsidies for fossil fuels. Ellison said the oil, gas and coal industries will get $113 billion worth of government support over the next decade even

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Big Oil's Big in Biofuels

by Ken Wells (Bloomberg BusinessWeek)  ...In the last decade, the industry says, it has put $71 billion into zero- and low-emission and renewable energy technologies. The U.S. government, by contrast, has spent about $43 billion on similar efforts during the same period,

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Ethanol Backers Push Back against Anti-Renewables PAC

by Dan Piller (Des Moines Register)  ...The executive director of the Renewable Fuels Association, Monte Shaw, said AFP should “stop the hypocrisy and to get its facts straight when it comes to ethanol and oil policy.” ...“AFP’s hypocrisy is astounding,” continued

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RFA Answers Anti-Ethanol Speculation from Joint Economic Committee Hearing

(Renewable Fuels Association/BioFuelsChat.com)  ...Specifically, (Renewable Fuels Association President and CEO Bob) Dinneen noted two driving factors that have led to refinery shutterings on the East Coast: First, most East Coast refineries cannot process the lower-cost types of crude oil that are increasing

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Fossil-Fuel Subsidies: Helping the Richest Get Richer

by Bill McKibben   (Los Angeles Times)  The last industry in need of a public handout is the fossil-fuel companies. The use of subsidies should follow some basic, rational guidelines. ...The Repeal Big Oil Tax Subsidies Act was a curiously skimpy bill

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Oil, Biofuel Companies Evolve into Uneasy 'Frenemies'

by Matt Daily (Reuters)  Rapid growth in the U.S. biofuels markets has often pitted oil companies against small start-ups seeking a toehold in the gasoline markets, despite the need for both sides to work together, according to industry experts. ..."You're faced

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Senate Opens Fight on Oil Tax Breaks

by Ben Geman and Andrew Restuccia (The Hill/E2Wire)  The Senate voted 92-4 Monday to begin an election-year floor debate over Democratic legislation to repeal oil-industry tax breaks, a plan that’s unlikely to ultimately pass but provides a platform for partisan

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Shell, BP Score Highest in New Pike Research Assessment of Oil Majors` Commercialization of Biofuels

(Reuters/Pike Research) ...Contrary to popular perception, the growth of the biofuels industry is not adverse to the interests of Big Oil. In fact, with “easy oil” increasingly difficult to source and with an obvious stake in the future of the

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BP and Biofuels: Beyond Petroleum, Big Plans, Brazil Principally

by Jim Lane (Biofuels Digest)  BP to showcase capabilities in low-carbon fuels at 2012 London Olympics. BP Biofuels chief Phil New outlines the BP’s path towards “getting biofuels right”. “6 percent of the entire BP workforce is now working in biofuels,”

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Shell, BP Score Highest in New Pike Research Assessment of Oil Majors’ Commercialization of Biofuels

(IBTimes/Pike Research)  Today’s biofuels industry accounts for nearly 30 billion gallons of production. Still in its infancy, advanced biofuels production represents just a trickle today, but biofuels are expected to play an increasingly important role over the next decade due

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Mendel Biotechnology, Inc. and BP Biofuels to Conduct Demonstration Field Trial of PowerCane(tm) Miscanthus

(iStockAnalyst)  Four-Year Agreement Includes 100 Acres of PowerCane Miscanthus Near BP Biofuels' Demonstration Plant in Jennings, Louisiana Mendel Biotechnology, Inc. (MBI) and BP Biofuels have signed a four-year agreement to conduct a demonstration field trial of Mendel's PowerCane™ Miscanthus and evaluate

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Growing Ambitions

by Pamela Glinski (Highlands Today)  Vercipia is no more. The name has been changed to BP Biofuels, Highlands Ethanol LLC, explained Mike Milicevic, the agricultural operations manager for the company. Vercipia was a joint-venture company formed when Verenium and BP decided

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Independents Seen Dominating US Refining Industry -Deloitte

(Fox Business News)   Independent refiners are destined to be in the driver's seat of the U.S. refining industry as integrated oil companies increasingly shed refining assets, according to analysts at Deloitte LLP. In a report released Wednesday, the consultancy said by the end of

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Debate Continues on Big Oil's Big Profits

(Los Angeles Times)  The five so-called "super major" oil companies -- Exxon Mobil, Royal Dutch Shell, ConocoPhillips,Chevron and BP-- have just wrapped up their fourth quarter earnings reports, but not without inspiring disdain over how they made those billions in profits and over what they

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Expert Expects Gas Prices in Chicago to Hit $4.60 by May

by Gary Strauss (Chicago Sun-Times)  Get ready for another round of pain at the pump: gas at $4 (or higher) a gallon. After rising 19 cents a gallon in the past four weeks, regular unleaded gasoline now averages $3.48 a

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Petroleum Representatives Candidly Express Contempt for RFS2

by Ron Kotrba (Biodiesel Magazine)  A panel of petroleum trade association representatives gathered together for the National Biodiesel Conference’s opening general session on Feb. 6. While the group consisted of five oil association representatives, several of whom are outspokenly partial

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Bernie Sanders Pledges Legislation Ending 'Absurdity' of Federal Fossil Fuel Subsidies

by Mat McDermott  (TreeHugger)  We just learned, based on IEA calculations, if all fossil fuel subsidies were eliminated it would result in greenhouse gas emission cuts deep enough to get us halfway to preventing dangerous climate change. Indeed, cutting fossil fuel subsidies has

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Renewable Reserve Accounting: Building the Biofuels Balance Sheet

by Jim Lane (Biofuels Digest)  Should biofuels have its own reserve accounting system and accompanying balance sheet booster, just as the oil & gas industry has? Ceres CEO Richard Hamilton says “yes”, and explains why, and how. At the Advanced Biofuels

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Chevron: Oil... Yes, but Geothermal, Solar and Biofuels Too

by Toby Price (Renewable Energy Magazine) ...Calculations by Bloomberg New Energy Finance using the most recent data show that more is being spent on new rolling out new renewable energy capacity than on new fossil fuels projects for the first

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ExxonMobil CEO Says Energy Demand Set to Rise by 30% to 2040

(Platts)  Global economic output is set to double as the global population grows to 8.7 billion people by 2040, when global energy demand will be 30% higher than it was in 2010, ExxonMobil CEO Rex Tillerson said Monday (November 21,

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Shell Exec Says Biofuels are the Most Important Alternative to Fossil Hydrocarbons in Mobility for the Next 20 Years

(Green Car Congress)  In a keynote interview to open F.O. Licht’s World Ethanol & Biofuels in Barcelona on 8 November, Arthur Reijnhart, General Manager, Alternative Energies and Fuel Development Strategy for Shell, described a scenario of an increasingly diverse energy

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Congress Needs Courage to End Oil, Gas Subsidies

by Ryan Alexander (Taxpayers for Common Sense/Seacoastonline.com)  ...For 16 years, Taxpayers for Common Sense has been advocating for the elimination of federal spending that does not deliver a fair return to taxpayers. Topping our list are a menu of tax

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Reigniting Subsidy Debate, Obama Takes on Oil, Gas

by Amy Harder (National Journal)  President Obama on Monday (September 12, 2011) asked Congress to end subsidies for all oil and gas companies, which could save the government more than $4 billion a year, to help pay for his jobs

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An 'Energy Policy' Bought and Paid for

(Ocala.com) Editorial:  Here's what's wrong with America's energy "policy." Reeling under a crippling deficit, Congress steadfastly refuses to eliminate lucrative tax breaks and subsidies for the most profitable companies in the world — the oil and gas industries. And never mind

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Franken Visits Farmfest

by Janet Kubat Willette (AgriNews.com)  Expect direct payments to take a hit in the next farm bill, Sen. Al Franken told a Farmfest audience Aug. 3. The Minnesota Democrat said the super committee of 12 Congresspeople could shape the new farm bill

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Green Groups: ‘Supercommittee’ Should Repeal Oil Industry Tax Breaks

by Andrew Restuccia  (The Hill/E2Wire)  A dozen environmental groups Tuesday told congressional leaders that lawmakers who support slashing oil industry tax breaks and other subsidies should be appointed to the deficit-cutting “supercommittee.” In a letter, the groups urged the 12-member panel to come

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Imported Oil Driving U.S. Trade Imbalance; Domestic Ethanol, Feed Providing Some Counterbalance

(Renewable Fuels Association)  America’s trade deficit is growing and one reason for that is our crippling dependence on imported oil.  According to U.S. Census Bureau data, our appetite for foreign oil accounted for 60% of the nation’s $50 billion trade

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Advocates Pay to Tout Oil, Debt Agendas at Iowa Straw Poll

by Jennifer Jacobs  (Des Moines Register)   An air-conditioned “igloo” paid for by the Iowa Energy Forum will rise up from the straw poll campus in Ames next month, an attraction meant to woo Iowans’ affection with free treats, kids’

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Woodside Says Ethanol Industry Willing to Give Back Tax Break for Debt Reduction

by Lori Potter  (Kearney Hub)  The ethanol industry is willing to immediately give up $1.3 billion in tax breaks for federal debt reduction. However, that probably can’t happen unless authorizing legislation is attached to a successful debt ceiling-budget reduction bill, said

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Competition Open for Local Ecopreneurs

(Kirriemuir Herald)  FORFAR and Kirriemuir ecopreneurs with innovative ideas for tackling climate change are invited to apply for awards of up to £40,000 each as the Shell Springboard programme opens for its seventh year. Since 2005, the Shell Springboard programme has

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Fuel - Crude Thoughts

(IATA) Challenges in the jet fuel supply chain are intensifying, making investment in biofuels essential ...(T)he airline industry fuel bill rose more than 11% to $139 billion in 2010, equivalent to 26% of operating expenses. ...How airlines manage fuel is therefore

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Klobuchar Calls Out Oil Companies to Give Up Subsidies

by Larry Bivins  (SCTimes)  Sen. Amy Klobuchar urged oil companies Tuesday to follow the lead of the ethanol industry and give up government subsidies to help defray the nation’s burgeoning deficit. In a speech on the Senate floor, Klobuchar

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Shell to Focus on Natural Gas and Biofuel

(The Star) ...“Biofuels are the only low-carbon transport fuel that can be scaled up fast enough to tackle carbon emissions from transport in the next 20 years,” Royal Dutch Shell Plc CEO Peter Voser said at the opening of the “Future

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Obama: Slash Oil Industry Tax Breaks as Part of Debt Deal

by Andrew Restuccia (The Hill/E2Wire)  President Obama pressed lawmakers Wednesday to cut a slew of oil industry tax breaks as part of a deal to raise the debt ceiling, arguing that the alternative is to slash funding for education, medical

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Issue Brief: Fossil Fuel Subsidies: A Closer Look at Tax Breaks, Special Accounting, and Societal Costs

(Environmental and Energy Study Institute)  EESI published an issue brief on policies that subsidize the production of fossil fuels (coal, oil, natural gas).  In recent years, major international institutions such as the G20, International Energy Agency, and the Organization of

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The New "30 Years War"

by Michael T. Klare  (CBS News)  ...Over the coming decades, we will be embroiled at a global level in a succeed-or-perish contest among the major forms of energy, the corporations which supply them, and the countries that run on them.  The

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Santorum Tells Iowa Farmers He Would End Ethanol Subsidies

by William Petroski (Des Moines Register)  ...Santorum, who is seeking the Republican presidential nomination, said he advocates phasing-out the existing tax incentive for ethanol production, commonly known as the blenders’ credit, by reducing the credit 9 cents annually over each

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Editorial: Cut the Ethanol Subsidy, But Be Fair

(StarTribune)  Why is one fuel being targeted but another -- oil -- isn't? ...The best way to pay down the nation's $14.3 trillion debt? "Reducing wasteful spending a billion dollars at a time,'' Coburn said. Coburn has a point about the ethanol

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Role India Can Play to Ease Food, Fuel Crisis

by Nagesh Kumar  (Rediff Business)    ...Price volatility for food grain should be addressed through the counter-cyclical use of buffer stocks. For smaller economies that do not have the capacity to sustain large national food stocks, price shocks can be managed

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New Research Facility Recovers Value from Waste, Lowers Emissions

(City of Edmonton, Enerkem, Alberta Innovates)    Plug-and-play pilot plant and lab to convert waste to biofuels and value-added chemicals Edmonton is now home to one of the world’s most sophisticated waste-to-biofuels research facilities, thanks to a partnership between Alberta Innovates – Energy and

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Speech from Sue Ellerbusch, President, BP Biofuels North America, Louisiana Energy Conference, June 23, 2011

(BP America)   ...BP began investing in biofuels in Louisiana in 2008 through what was then a joint venture with Verenium Corporation. Last year, we bought Verenium out and now have a 100% BP-owned facility in the state. It is a

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Next Decade of Oil Companies' Tax Breaks Worth $44 Billion

(Associated Press)  Oil companies' tax breaks, if left in place, would cost the U.S. Treasury $44 billion over the next decade. President Obama wants to eliminate the cost, and a Senate proposal would eliminate them only for the five biggest

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Obama Administration Signals Higher Gas Royalties on Public Lands — and Anticipated Industry Resistance

by Evan Bush (iwatchnews)  In election year, Interior Department may take on a popular target: Big Oil The Obama administration may be readying for a fight with the energy industry as it prepares to raise royalty charges for oil and gas

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Fuel Retailer Opposes Thune/Klobuchar Bill

by Joanna Schroeder (DomesticFuel.com)  Earlier today, Sens. John Thune (R-SD) and Amy Klobuchar (D-MN) created waves when they announced their new biofuels bill the Ethanol Reform and Deficit Reduction Act. This act is designed to address federal budget issues while phasing

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Running Dry: Oil Production Fails to Keep up with Demand

(The Economist) ...As figures released in BP’s "Statistical Review of World Energy" show, global oil production has struggled to keep up with increased demand recently, particularly from Asia. In China alone consumption has risen by over 4m barrels per day

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Ethanol and the Politics of OPEC

by Matt Hartwig (Renewable Fuel Association)  ...Iran and Venezuela are exerting more influence in a drive to keep global oil prices above $100 per barrel.  Previously, this level was thought to be too high and would result in demand destruction

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Khosla Slams Big Oil, Virent Debuts Alternative to Plastic Bottles at the 2011 Ethanol Summit in Brazil

by Jim Lane (Biofuels Digest)  In Brazil, 2,000 industry executives gathered at UNICA’s biennial Ethanol Summit in Sao Paulo. Among the highlights, a charged keynote in which celebrated venture capitalist Vinod Khosla accused oil companies of having a double-standard on risk-taking

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The Politics of Tax-and-Blend

by Jim Lane (Biofuels Digest)  ...Instead of simply not collecting a portion of the fuel tax, the consumer is charged the whole amount, which is collected by the gas station and paid to the government. The government analyzes all this.

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Senate Dems to Biden: Deficit Deal with GOP Must Kill Oil Industry Tax Breaks

(The Hill/E2Wire)  Twenty Senate Democrats are ramping up political pressure on the White House to ensure that any deficit-reduction deal with Republicans strips billions of dollars in tax breaks for major oil companies. The group — led by Sen. Robert Menendez

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Saudi Prince Calls for Lower Oil Prices

(CNN) ...In an interview broadcast Sunday on "CNN's Fareed Zakaria GPS," the grandson of the founding king of modern Saudi Arabia said the oil price should be somewhere between $70 and $80 a barrel, rather than the current level of

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WikiLeaks: Saudis often Warned U.S. about Oil Speculators

by Kevin G. Hall (McClatchy Newspapers)  When oil prices hit a record $147 a barrel in July 2008, the Bush administration leaned on Saudi Arabia to pump more crude in hopes that a flood of new crude would drive the

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Ethanol Subsidy Phaseout is Necessary, Pawlenty Says

by Jason Clayworth (Des Moines Register/Juice)  What once would have been considered a bold, even politically suicidal, call to do away with ethanol subsidies has become the position of some key industry trade groups, paving the way for candidates like

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Vote to Hike Taxes on Oil Fails in Senate, 52-48; Dems Vow to Revive It

by Andrew Restuccia (The Hill/E2Wire)  The Senate on Tuesday rejected a bill that would have ended $21 billion worth of tax breaks for large oil companies, but Democrats vowed to revive the measure as part of high-stakes negotiations on the

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Senate Dems to Revive Oil Tax Breaks Repeal Push during Broad Deficit Fight

by Andrew Restucci (The Hill/E2Wire)  Senate Democrats intend to attach a measure repealing billions of dollars in oil industry tax breaks to a broader package aimed at lowering the deficit, a top Democrat said Wednesday. Senate Majority Leader Harry Reid (D-Nev.) has

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Tim Johnson Calls for End to Oil Subsidies; Thune Disagrees

by Denise Ross   (The Daily Republic)  Sen. Tim Johnson, D-S.D., called for an end to taxpayer subsidies for oil and natural gas companies Wednesday, saying instead the United States should invest in further ethanol production and improving the infrastructure

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National Farmers Union Calls for End to Oil Industry Subsidies

by Julie Harker  (Brownfield)  National Farmers Union President Roger Johnson is calling on Congress to end tax subsidies for the oil industry and investing that money, instead, in biofuels. In his letter sent to US House and Senate leaders, Johnson said,

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Ohio’s Sen. Brown Floats Oil Tax-Break Repeal Plan

by Ben Geman (The Hill/E2Wire)  Sen. Sherrod Brown (D-Ohio), who is likely to face a tough reelection battle next year, floated plans Monday to kill billions of dollars' worth of oil industry tax breaks. Democratic plans to end tax incentives and

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Verdezyne Closes New Financing Round: BP, DSM, OVP Venture Partners and Monitor Ventures Participate in Round

(Verdezyne/BusinessWire)  Verdezyne, Inc., an industrial biotechnology company developing cost-effective processes for the production of renewable fuels and chemicals, today announced it has closed a new funding round. New investors in this round include BP Alternative Energy Ventures and DSM Venturing B.V.,

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Democrats See Strategy to End Big Oil Tax Breaks

by Carl Hulse (New York Times)  Linking two of the politically volatile issues of the moment, Senate Democrats say they will move forward this week with a plan that would eliminate tax breaks for big oil companies and divert the savings

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Dems To Force Vote On Oil Subsidies

by Elise Foley (Huffington Post)  Eager to prove that Republicans don't want to end oil subsidies despite public GOP opposition, House Democrats plan to force a voteThursday on a measure that would block a major tax break for the five largest

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Baucus Crafts Oil Tax Break Repeal Plan Amid High Profit Reports

by Ben Geman (The Hill/E2Wire)  Senate Finance Committee Chairman Max Baucus (D-Mont.) struck while the iron was hot Thursday and vowed to shepherd a plan through the panel that ends billions of dollars in tax breaks for the largest oil

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GasHole: Dirty Oil and the Biofuel Myth

by Allison Kilkenny (Huffington Post)  This week marked the world premiere of GasHole, a new documentary film (narrated by Peter Gallagher) about the history of oil prices and the future of alternative fuels. Biofuel gossip has been everywhere in the news

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John Boehner: Oil Companies Should Pay Their 'Fair Share'

by Darren Goode (Politico)  House Speaker John Boehner says he’s open to calls from the White House to curb some of the $4 billion in oil and gas subsidies and tax incentives, as Washington continues to feel the heat over

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Obama to Congress: End ‘Unwarranted Tax Breaks’ for Oil Companies

by Zachary A. Goldfarb  (The Washington Post)  President Obama urged Congress on Tuesday to take “immediate action” to end tax subsidies for oil and gas companies, as he attempts to limit the political fallout of surging gas prices. A day before oil

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Why Only Fossil Fuels Deserve Subsidies — Just Ask Paul Ryan

by Kirsten Korosec (BNET)  ...How can maintaining subsidies for the fossil fuels industry, while cutting incentives and funding for cleaner sources, be called anything but corporate welfare? Ironically, one of the stated primary goals of the GOP budget crafted by Rep. Paul

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What Ever Happened to Jobs?

by David Di Martino (The Hill)  As far as winning messages go, the national Republicans had one in 2010: It's jobs, stupid. Well, it wasn’t that specifically, but they did hammer the president and the Democrats in Congress for not focusing

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An Astonishing 2,564 Miles Per Gallon Achieved at Shell Eco-Marathon® Americas 2011

(Shell/PRNewsWire)  Quebec's Universite Laval Defends Title Winning Shell Eco-marathon Americas for Third Consecutive Year Going the farthest distance might sound like a foot race. But this past weekend, it meant stretching the boundaries of fuel efficiencyas student teams competed in the

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State Corn Checkoff Sponsors Ethanol Eco-Challenge Team

(Wisconsin Ag Connection)  A team of high school students from Durand placed third overall at the Shell Eco-marathon Americas competition in Houston, Texas last week, where they drove 572 miles per gallon with 100-percent ethanol fuel. The group's trip to the

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Freshman Republican Breaks Rank On Oil Subsidies

by Dan Froomkin (Huffington Post)  A freshman Republican congressman from Wisconsin has broken rank with his GOP colleagues by calling on lawmakers to re-evaulate the multi-billion-dollar subsidies the federal government doles out to already highly-profitable oil and gas companies. Rep. Reid

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Shift Fossil Fuel Subsidies to Back Clean Tech-IEA

by Nina Chestney   (Reuters)  Fossil fuel subsidies worth $312 billion should be realigned to ensure the growth of renewable energy and curb the world's reliance on carbon-intensive fuels, the International Energy Agency (IEA) said in a report. Demand for fossil fuels

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Protecting Big Oil at the Expense of Consumers

by Daniel J. Weiss and Richard W. Caperton (GreenTechMedia)  Paul Ryan’s budget proposal eviscerates green technology projects, but leaves massive subsidy loopholes for the oil industry. House Budget Committee Chair Paul Ryan’s(R-WI) proposed FY 2012 budget resolution is a backward-looking plan

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Senate Hearing Examines Oil Price Spikes, Role of Biofuels

by Holly Jessen (Ethanol Producer Magazine)   During a U.S. Senate committee hearing on March 30, Chairwoman Debbie Stabenow, D-Mich., said that focusing on advanced biofuels for homegrown energy is in the best interest of the United States. “I think that

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Combatting Today’s High Gas Prices

by Rep. Bruce Braley (D-Waterloo)  (GlobeGazette) ...For too long, we’ve depended on foreign countries for our oil — and we’ve sacrificed our independence and our national security in the process. But there’s no one, easy solution to the problem. We need

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U.S. Sen. Grassley: Ethanol and Energy

(IowaPolitics.com)  Floor Speech of Sen. Chuck Grassley Ethanol and Energy Independence Delivered Monday, March 07, 2011 ...We must look to alternative and renewable resources so we can improve our energy and national security. This includes supporting energy from wind, biomass, hydroelectric, solar,

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Biofuels Only Major Way to Decarbonise Road Fuel - BP

by Nigel Hunt  (Reuters)   Biofuels represent the only way to significantly reduce carbon emissions in road transport fuel and are likely to account for at least 12 percent of supply by 2030, an official with oil giant BP  said on Wednesday. "There

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Amid Rising Gas Prices, President Obama Calls for Long-Term Energy Strategy

by Andrew Restuccia (The Hill/E2Wire)  President Obama called Friday for a "comprehensive energy strategy" in which the administration continues to develop the country’s oil and gas resources in the short term, but begins to wean the country off oil in

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ACE says Ethanol Better Solution than Tapping into Oil Reserves

(American Coalition for Ethanol/Ethanol Producer Magazine)  With oil prices now in triple digits and gas prices averaging 75 cents higher than last year, some are calling for oil to be released from the Strategic Petroleum Reserve as a way to

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Budget Hawks: Does US Need to Give Gas and Oil Companies $41 Billion a Year?

by Mark Clayton  (Christian Science Monitor)  As President Obama and Congress look for budget cuts, some experts say federal energy subsidies are ripe for trimming. Among oil companies, nuclear power, and coal, who gets what from US taxpayers? ...But the American

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Grassley Says Corn-Based Fuel Part of Overall Energy Picture

by Matt Kelley  (Radio Iowa)  At a political event in central Iowa last night, former Louisiana Governor Buddy Roemer  promised to end ethanol subsidies if he’s elected president. Roemer’s comment didn’t wow the crowd in the heart of the nation’s

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Too Vulnerable to Reliance on Foreign Oil

by Sen. Richard Lugar, R-Ind (IndyStar)  ...Washington over the years has failed to focus sufficient attention on our oil vulnerability and generate momentum behind substantive, concrete proposals with definable goals. In 1999, former CIA director James Woolsey and I published

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House Thwarts Dem Bid to Kill Oil Tax Breaks

by Ben Geman and Mike Lillis  (The Hill/E2Wire)  House Democrats on Tuesday used debate on a short-term spending package to force a largely symbolic vote on ending tax breaks for major oil companies like Exxon and Shell. The "motion to recommit"

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Schwarzenegger: Time to Change the Energy Debate

by Martin LaMonica (GreenTech)  Green-technology proponents need a better way to make their case, according to Arnold Schwarzenegger...The former California governor and movie star gave a keynote talk at the ARPA-E Summit here, alternating between funny one-liners and serious discussion

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BP Biofuel Breakthrough Imminent

by Graham Cooper (OilPrice.com)  BP is poised for a major advance in its biofuel operations, as it is completing commissioning of the world’s first biobutanol pilot plant and plans to begin full–scale production later this year at its Vivergo Fuels

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Mideast Turmoil Hits U.S. Wallets

by General Wesley Clark (Politico) ...How long chaos continues in that critical corner of that world remains unknown. But one thing is certain: As long as there is chaos and fears of access to Mid East oil upsets the market,

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Why We Still Don't Know How Much Money Goes to Fossil Energy

by Mike Casey (Renewable Energy World)  The national conversation about wasteful welfare for highly profitable dirty energy corporations has gone from the dramatic statement by the Chief Economist of the International Energy Agency that fossil fuel subsidies are one of the

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CARB Tackling Crude Oil’s Carbon Intensity in LCFS

by Joanna Schroeder  (DomesticFuel.com)  ...(S)till under fire is CARB’s final ruling on the carbon intensity levels given for ethanol and biodiesel. When CARB determined the original levels of corn ethanol, it essentially barred the fuel from qualifying as a low

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National Security Leaders, CEOs Call for Action to Reduce California Oil Dependence

(CalSTEP)  Former Sec Shultz and Panel Cite Skyrocketing State Oil Imports, Price Shocks, Federal Inaction in Report A diverse group of leaders, including President Reagan’s Secretary of State, released a report today that said California would benefit if it took a

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Obama Stands Behind Plan to End Tax Breaks for Industry

(Fuel Fix)  President Barack Obama today defended his plan to raise tens of billions of dollars for the federal government by axing tax incentives long enjoyed by the oil and gas industry. Congress has already rejected two earlier calls by Obama to

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Brazilian Ethanol Is the Best Hope for Replacing Oil, Says BP's Bob Dudley

by Robin Yapp   (The Telegraph)  Ethanol derived from Brazilian sugar-cane offers the best hope of replacing oil as the world's main source of fuel when it runs out, according to Bob Dudley, BP's chief executive. He said Brazilian ethanol is the "best

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House Turns against Ethanol in E15 Votes

(Des Moines Register)   The U.S. House has rebuffed key initiatives to expand the market for corn ethanol, a sign that the industry's once legendary political clout is weakening with the conservative gains in Congress. The Republican-controlled House voted 285-136 early

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Top Dems Call on House GOP to Eliminate Oil Industry Tax Breaks

by Andrew Restuccia (The Hill/E2Wire)  Top Senate Democrats are calling on House Republicans to agree to a plan to eliminate oil industry tax breaks as a means of reducing the deficit. The proposal comes as House Republicans have pledged to cut

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Shell Future Energy Scenarios: 'Zone Of Uncertainty' Ahead

(Royal Dutch Shell)  Shell, February 14, 2011, published Signals and Signposts - a report into future energy scenarios which offers a deeper understanding of global developments and the world's energy supply, use and needs. They help us to make crucial choices in

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Get the Energy Sector Off the Dole

by Jeffrey Leonard  (Washington Monthly)  Why ending all government subsidies for fuel production will lead to a cleaner energy future—and why Obama has a rare chance to make it happen. ...If President Obama wants to set us on a path to a sustainable

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Biofuels Play Increasing Role in Reduced U.S. Oil Imports & Reduced Vulnerability

by Jon H. Harsch  (Agri-Pulse)  ...Energy Committee Chair Jeff Bingaman, D-N.M. pointed to the EIA forecast that after peaking in 2005-06, U.S. oil imports should continue to decline – showing that the U.S. has already reduced its dependence on imports.

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The Short View: Oil Industry Bracing for Cuts

by Eben Esterhuizen and Alicia Sellitti, Kapitall  (Motley Fool)  ...Up to now, the oil industry has been able to benefit from substantial tax breaks to the tune of $4 billion a year, which purportedly help keep prices in check and

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World Economy Gives America Chance to Control Energy Future

(Farm Futures)  RFA says there are tradeoffs in any energy decisions. ...Renewable Fuels Association spokesman Matt Hartwig says it's also become a double-edged sword for ethanol. On the one hand he says the U.S. can say thanks but no thanks to

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State of the Union Talks Trade and Biofuels

(AgWired.com)  President Obama made some folks in the ag industry happy with his State of the Union (SOTU) address Tuesday talking about the importance of both biofuels and free trade agreements. Corn farmers and representatives of the renewable fuels industry were especially pleased

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Egyptian Unrest, Rising Oil Prices Focus Attention on Biofuel

by David Louie (KGO)  Last week, it was President Barack Obama renewing his call for U.S. energy independence. On Monday, crude oil hit a two-year high (a benchmark, Brent crude, closed today at $101.01 a barrel), reflecting fears that unrest in Egypt

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Energy Industry Braces for Cuts

by Darren Samuelsohn  (Politico)  ... In his State of the Union speech last Tuesday, Obama cracked a smile as he repeated a call he’s made the past two years for the elimination of billions of dollars in tax breaks for oil companies.

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View from the Top: Federal Investments in Energy Infrastructure: What’s Worked before Can Work Again

by Mary Rosenthal (Algal Biomass Organization/Biofuels Digest)   ...The federal government must follow its long history of investing in national energy initiatives. ...Recently, any call for increased government funding or involvement in this nascent industry has been met with criticism or

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How Oil Could Kill the Recovery

by Derek Thompson (The Atlantic)  ...(E)xpensive oil is poisonous to an oil-driven economy. Every severe oil spike in the last 50 years has been followed by a deep recession. ...The United States imported $400 billion of oil in 2008, nearly 3

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The Big Price Build-Up: Are You Ready?

by Jim Lane (Biofuels Digest)  The US economy is just now showing signs of revival, and already we are seeing signs of runaway oil and grain prices that may bring unwanted inflation and dangerous instability hardly before the recovery has

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Oil Industry Tax Issues in the Fiscal Year 2011 Budget Proposal

by Robert Pirog (Congressional Research Service)  ...These proposals included repeal of the enhanced oil recovery and marginal well tax credits, repeal of the expensing of intangible drilling costs, repeal of the deduction for tertiary injectants, repeal of passive loss exceptions

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$5 Gas Prices On the Horizon

by Joanna Schroeder (DomesticFuel)  According to former president of Shell Oil, John Hofmeister, Americans will be paying $5 per gallon for gas by 2012 due to growing demand for oil, tighter supplies and inadequate responses by the U.S. government. His

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Both Sides: Ethanol Plants are Key to Rebuilding Rural Economies

by Mychal Wilmes   (Agri News/Post-Bulletin)  ...The conservative and liberal think-alikes want to kill the ethanol tax credit for different reasons. The liberals say that ethanol, at best, is environmentally neutral. The conservatives argue is that the tax credit is a

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Corporate U: Industry's Reach into Academia Renews Fears of Undue Influence

by Suzanne Bohan (Contra Costa Times/Center for Genetics and Society)  Stanford University researcher Thomas Jaramillo is overseeing a million-dollar research project that explores ways to create liquid fuel from sunlight and carbon dioxide. A Stanford colleague, Yi Cui, has nearly $2 million

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Price of Ethanol and Price of Oil According to the New York Times

by Raymond J. Learsy (Huffington Post)  In a classic example and contender for the Alfred E. Neuman "I Don't Get It" prize of the year the New York Times' editorial page of December 9th outdid itself. First we had a dissertation on

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U.S. Poised to Pump in More of Canada's Dirtiest Oil

By Renee Schoof   (Star-Telegram/McClatchy)  At the climate talks under way in Cancun, Mexico, the U.S. has assured the world it's not backing away from its pledge to reduce greenhouse gas emissions. At the same time, however, the State Department looks likely

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Defending Ethanol Subsidies

by Bob Hague (Wisconsin Radio Network)  ...Madison based environmental consultant Brett Hulsey said it’s important to realize that while corn-based ethanol is subsidized, it’s not as if petroleum based gasoline isn’t. “Depending on who you listen to, it’s subsidized anywhere from

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Letters: Stoking the Ethanol Debate

by Bob Dinneen (Renewable Fuels Association/Houston Chronicle)  Letter to Editor   ...The Chronicle says natural gas from shale deserves federal subsidies for production, but says ethanol doesn't because it requires too much water to produce. The water needs of fracking and

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OPEC Pans Biofuels Programmes in Industrialised Nations

by Tamsin Carlisle  (The National)  OPEC has sharply criticised the biofuels programmes of industrialised countries as it raised its forecast for global oil demand next year. In the US, a federal biomass programme introduced this month "pays farmers to experiment with energy" at

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Renewable Energy Subsidies Worldwide Reached $57 Billion in 2009, IEA Says

by Alex Morales  (Bloomberg)  Global subsidies for renewable energy totaled $57 billion in 2009, International Energy Agency Chief Economist Fatih Birol said today, providing the agency’s first estimate of assistance for the industry.  The support compares with $312 billion for fossil

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Report Slams G-20 Nations on Fossil Fuel Subsidies

by Ben Geman (The Hill)  Two environmental groups are trying to ratchet up pressure on G-20 nations meeting in South Korea this month to make good on pledges to slash fossil fuel subsidies. White House officials say they’re looking to the Nov.

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Exxon’s SVP Swiger Says Lower Carbon with Algae

(Algae Industry Magazine)  In a keynote speech at this week’s Abu Dhabi International Petroleum Exhibition and Conference, Andy Swiger, senior vice president of Exxon Mobil Corporation, said that strong partnerships and innovation are crucial to meet rising global energy demand while

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Shell sees 2011 as "Year of Choices" on Biofuels

by Scott Malone (Reuters)   Royal Dutch Shell, which is investigating about 10 second-generation biofuel technologies that would use nonfood raw materials, expects to narrow its research to about five options next year, its top scientist said. "I am putting a lot

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Shell Partners with MIT to Pursue New Energy Technology Solutions

(PRNewsWire)  MIT Energy Initiative to receive $25 million to fund research and collaboration - Drives innovative technology solutions addressing the global energy challenge - Joins world-class industry and academic leader in the expansion of high value, sustainable technologies - Utilizes open innovation, leveraging

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Will the Proposed Pipeline Hurt Nebraska’s Ethanol Industry?

by Robert  (Aglines)  The battle is raging over the public airwaves about the proposed oil tar sand pipeline from Canada that will cross Nebraska. As, the proponents rightly state, there are plenty of oil and gas pipelines crossing Nebraska and some of

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The Health Benefits of Ethanol

(Ethanol Across America)  C. Boyden Gray, one of the architects of the historic 1990 Clean Air Act Amendments that established the nation's reformulated gasoline program, called for increased regulation of air toxics by the Environmental Protection Agency and in so

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Seaweed: A New Wave of Investment in Macro-Algae

by Will Thurmond (Biofuels Digest/Emerging Markets Online)  Macro-algae attracts greater investment for sugar-based Advanced Biofuels, Drop-In Fuels and Chemicals An emerging rise in investment in from petrochemical majors and governments in Asia, Europe and the Americas aims at extracting sugars from

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Why Don’t Oil Majors Invest in Biofuels at Scale?

by Jim Lane (Biofuels Digest)  ...Blue Marble’s effervescent CEO Kelly Ogilvie, well known on the renewables circuit for his high-energy presentations over the years, took us through the math. “Over the past 18 months,” he said, “while we have been developing

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Shell’s Biofuel Deal in Brazil: Has the Big Time Finally Come for Startups?

by Michael Kanellos (GreenTechMedia)   VCs and startups have complained that the biofuels industry has been stranded by indifference from the majors.That has changed. Shell and Cosan SA Industrio and Comercio, the world's largest sugar producer, finalized a multi-billion dollar joint venture today

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New York County Welcomes Sunoco's Foray into Biofuels

by Andrew Maykuth (Philadelphia Inquirer)  Sunoco Inc. is producing a new brew at a former Miller Brewing Co. plant. Last month, the Philadelphia refiner began distilling corn ethanol at a massive converted brewery just outside the Fulton city limits in central New

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The Benefits of Ethanol

byGen. Wesley K. Clark (Ret.)  (New York Times) Letter to Editor:  ...The consequences include not only huge environmental risks, but a $300 billion-a-year drain from our economy to pay for imported petroleum. Growth Energy’s Fueling Freedom plan would redirect the ethanol

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ACE Speakers Answer Big Oil, Ethanol Critics

by Holly Jessen (Ethanol Producer Magazine)  At this year’s American Coalition for Ethanol Conference & Trade Show, two speakers gave particularly strong arguments for chipping away at the power and monopoly of Big Oil. It just so happens that Anne

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The Ministry of Oil Defense

by Peter Maass (Foreign Policy) It's not polite to say so, but if Americans understood just how many trillions their military was really spending on protecting oil, they wouldn't stand for it. Shortly after the Marines rolled into Baghdad and tore

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Ethanol: Now is the Time — for Truth

by Darrin Ihnen (The Hill/National Corn Growers Association)   ...Unfortunately, many of the articles we’re seeing don’t get the facts quite right. The New York Times, for example, asserts that the Renewable Fuel Standard mandates the U.S. production of up to

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Oil Spill Mars UC Berkeley's BP-Funded Research

(AP)  BP's catastrophic oil spill in the Gulf of Mexico is fueling opposition to the University of California, Berkeley's research partnership with the British company, with activists on the famously liberal campus demanding a severing of ties. The oil giant gave UC

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Fossil Fuel Subsidies Are 12 Times Support for Renewables, Study Shows

by Alex Morales (Bloomberg)  Global subsidies for fossil fuels dwarf support given to renewable energy sources such as wind and solar power and biofuels, Bloomberg New Energy Finance said. Governments last year gave $43 billion to $46 billion of support to renewable

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Big Oil and Biofuels: BP Pays $98.3 Million for Verenium's Biofuels Branch

by Tiffany Hsu  (Los Angeles Times)  Big Oil: the patron saint of biofuels? Petroleum companies -- and their pocketbooks -- have been working their way into the biofuels industry in recent years.   Wisconsin-based Virent Energy Systems Inc. said in June that it

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Ethanol Editorial Misses the Point

by Alvin L. Moser (St. Augustine Record)  Editor: The editorial in the July 27 issue of The St. Auustine Record from The Chicago Tribune misses the whole point of adding ethanol to gasoline. Of course cost is important, but what

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BP Oil Spill Shows Need for Biofuels, Developers Say

By Carey Gillam  (Reuters)  The disastrous oil spill in the Gulf of Mexico illustrates a pressing need for the United States to pass legislative incentives to drive investment dollars into cellulosic and algae-based biofuel facilities, biofuel industry leaders said on Thursday.  "This

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What’s Next for Oil Spill Affected Areas? Advanced Biofuels?

by Joanne Ivancic (Advanced Biofuels USA)  Before Hurricane Katrina hit, Grand Isle State Park’s beaches on the tip of a Louisiana marsh sticking into the Gulf of Mexico hosted over 100,000 visitors per year.  After Hurricanes Katrina, Gustav and Ike, the

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The View From Big Oil

by Alan Murray and  Kimberley Strassel  (Wall Street Journal)  These days, giant oil companies find themselves trying to balance two big pressures on their business. Governments are trying to slash carbon emissions—but the world's thirst for oil is growing by leaps

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The Shell Game: What’s up with Biofuels’ “Quiet Company?”

by Jim Lane (Biofuels Digest)  ...(T)hough the biofuels industry should, and generally does, reacts with excitement when oil industry majors invest in biofuels ventures — such as Shell’s investment in cellulosic ethanol pioneer Iogen and in algal fuels pioneer Cellana

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Has Big Oil Finally Gotten Serious About Biofuels?

by Joshua Kagan (GreenTechMedia)  ...If we consider that the oil majors are not in the oil business, but rather, the infrastructure business --- and as long as they control the liquids that come out of the pumps, they won't care

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Big Oil Looks to Biofuels

by Guy Chazan  (Wall Street Journal)  The biofuels industry, hit hard by the global credit crunch, is getting a shot in the arm from a new source–the oil majors.  Among the oil companies, BP PLC and Royal Dutch Shell PLC have

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Biofuels and Biobased Chemicals Race to the Starting Line

by Paul Winters  (Biotech Industry Organization, Renewable Energy World)    Both the United States and Canada have made considerable investments in founding a renewable biofuels and chemicals industry, setting standards for the production and use of biofuels and committing money for research,

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Guinea equipment eRINs/electric pathway Eritrea erosion control EROWI (Energy Return on Water Invested) ESG (Environmental Social Governance) esterification Estonia ETBE (ethyl tert-butyl ether) etha ethane ethanol ethanol benefits ethanol blend wall ethanol blended diesel ED ethanol blends/ethanol flex fuels ethanol emissions ethanol ether diesel fuel ethanol fire ethanol fuel cells ethanol hybrid ethanol pipeline ethanol prices ethanol production ethanol pumps ethanol tax ethanol terminal ethanol to gas ethanol tolerance Ethanol-to-Gasoline (ETG) ethanol/bioethanol ethanol/methanol synthesis ethanol2G Ethiopia Ethiopian mustard ethyl levulinate (EL) ethylbenzene ethylene ets eucalyptus Euglena European Emissions Trading System (ETS) European Union (EU) eutrophication executive order executive order--state externalities extremophiles f F Factor F-24 F-34 F-76 (Marine Diesel) F-T FAEE FAEE (fatty acid ethyl esters) Fair trade False Claims Act FAME (Fatty Acid Methyl Ester) Farm Bill 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Operator (FBO) flameleaf sumac flavors flax fleet turnover Fleets fleshings flex-fuel vehicles (FFV) flight tests Flightpath flixweed/tansy/herb-Sophia flood-prone soil Florida flue gas FOG (Fats/Oils/Grease) follow-the-crop food Food and Agriculture Organisation (FAO) Food and Drug Administration (FDA) food and fuel food policy food prices food processing waste food safety food security food vs biomaterials/bioplastics food vs fuel food waste for forage forage sorghum forecasts foreign oil Foreign Policy forest Forest Biomass for Energy forest biotechnology forest residue/waste Forest resources Forest Service forestry forklifts Formate fossil carbon fossil fuel Frace fracking fractionation fragrance France franchise fraud free fatty acids (FFA) Freedom of Information Act (FOIA) freight/cargo French French Guiana fructose fruit FT-SKA fuel fuel additives fuel cell electric vehicle (FCEV) fuel cells fuel economy fuel efficiency fuel injection fuel mixtures fuel molecules fuel oil fuel 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Government Accountability Office (GAO) government investment government resources government subsidies grain sorghum/milo grain speculators grains GRAND-AM grants grants-local grants-state grapefruit grapes graphene graphite GRAS (generally regarded as safe) Grasses grasses grasshoppers grease Great Green Fleet Great Lakes Greece green bonds green chemistry Green Deal EU green economy green house facility Green Jobs Green New Deal Green Racing Green Recovery green/black economy Greenland GREET Greenhouse Gases Regulated Emissions and Energy Use in Transportation Model Grenada gribble growers gua beans Guam guar Guatemala guayule Guerbet reaction Guinea Guinea Bissau Gulf states gulmohar Gumweed (grindelia squarosa) Guyana GWP gypsum h Haiti Halophytes harvest site processing harvesting Hawai'i hay hazardous waste hazelnut HBIIP Higher Blends Infrastructure Incentive Program HDCJ HDO-SAK (hydro deoxygenated synthetic aromatic kerosene) health health benefits health effects heat of combustion heat of vaporization heat-tolerance heather heating oil/fuel Heavy Duty Truck Rule heavy duty vehicles (HDV) hedging HEFA (Hydro-processed esters and fatty acids) HEFA50 helicopters hemicellulace enzymes hemicellulose hemicellulosic sugars Hemp hemp oil hemp seed herb hexanol HFO (Heavy Residual Fuel Oil) hibiscus high blend renewable fuels (HBRF) High Hydrogen Content Synthetic Paraffinic Kerosene (HHC-SPK) High Octane Fuel (HOF) High Octane Fuel Standard High Octane Gasoline (HOG) high octane low carbon (HOLC) fuel High Octane Vehicles (HOV) high performance regular high school project high sulphur fuel oil (HSFO) high-octane/low-carbon (HOLC) liquid fuels Highway Bill highway rights-of-way Highway Trust Fund history hog farmers hombayniya homogeneous-charge compression-ignition Honduras honey locust Hong Kong Honge tree nuts hops horticulture Housing and Urban Development (HUD) HPF (High Performance Fuels) HRJ (Hydrotreated Renewable Jet) human rights Hungary Hurricane 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nutrition oak oat hulls oat straw oats Obligated Parties/Point of Obligation (PoO) ocean-based energy Oceania octane octane price/value octanol Office of Energy Efficiency and Renewable Energy Office of Management and Budget (OMB) Office of Science and Technology Policy Office of Science and Technology Policy (OSTP) Office of Science Technology and Policy (OSTP) Offices of Inspector Generals offtake agreements Ohio oil oil embargo oil exploration oil monopoly oil p oil price parity oil prices oil production oil refineries oil replacement oil sands oil seed oil seed crops oil speculators oil spill oil subsidies oil taxes oil/gas terminals Oils Oklahoma olefins oligomerization olive cake olive oil olive pits olive water olives Oman Omega-3s on-farm algae production on-farm ammonia production on-farm biodiesel on-farm ethanol production on-farm natural gas production on-farm processing on-site hydrogen production one p one pound waiver onion waste online courses Ontaio Ontario OPEC 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