Articles tagged with: Blenders Credit
by Lauren Tyler (NGT News) NATSO, the national association representing truckstops and travel plazas, along with the Advanced Biofuels Association, National Association of Convenience Stores, Society of Independent Gasoline Marketers of America (SIGMA), Petroleum Marketers …
(NATSO, Inc./PR Newswire) NATSO, the national association representing truckstops and travel plazas, and a coalition of trade associations representing the entire biodiesel supply chain, urged Congress to extend the biodiesel blenders’ tax credit as it …
(American Cleaning Institute) ACI praises Rep. Randy Weber’s “Stop Animal Fat Tax Credits Act,” Urges Its Inclusion in Tax Reform Package — Legislation introduced by U.S. Rep. Randy Weber (R-TX) would permanently put a stop …
by Michael McAdams (Advanced Biofuels Association/Biomass Magazine) … I can tell you firsthand that for the first time in four years, both House and Senate staff are pushing all stakeholders to come to the table to …
(National Biodiesel Board) Grassley-Cantwell bill would modify the biodiesel tax credit to a production credit — Today the National Biodiesel Board applauded the introduction of a bipartisan biodiesel tax credit bill that would convert the …
by Ron Kotrba (Biomass Magazine) U.S. imports of biomass-based diesel hit extreme heights in 2016, fulfilling a third of the consumption market, driving the domestic biodiesel industry to more actively seek counteracting measures to protect …
by Eric Janssen (Platts) The US biodiesel blenders tax credit should be taken into consideration even though the credits have lapsed because it is likely to be retroactively reinstated, according to a recent analysis from an …
by Ron Kotrba (Biodiesel Magazine) A biodiesel plant manager in Mississippi is doing his part to bring attention to the growing momentum to reinstate the expired $1-per-gallon biodiesel tax credit, and to reform the incentive …
by Joanne Ivancic* (Advanced Biofuels USA) Amid an animated discussion of policy issues, one item gained the support of all five panelists: publication of the Renewable Fuels Standard renewable volume obligations for 2017 and 2018 …
by Michael McAdams (Biomass Magazine) … First, we must finalize the 2017 renewable volume obligation (RVO) rule for the RFS program. Second, we must push for the 2018 mandates to be published before the Nov. 30 …
(National Biodiesel Board) Nearly three dozen biodiesel leaders from Kansas to Rhode Island took to the halls of Congress this week to champion America’s Advanced Biofuel.
“We have a great message to share with our elected …
(National Biodiesel Board/Biodiesel Magazine) The National Biodiesel Board sent a letter to House and Senate tax committee leaders urging extension of the biodiesel tax incentive before it expires Dec. 31. The letter was sent on behalf …
by Scott Irwin (Farm Doc Daily/University of Illinois at Urbana-Champaign) RINs prices have been making headlines in recent months, with prices at times crossing the psychologically important $1 per gallon mark. Echoing earlier complaints (farmdoc …
by Ron Kotrba (Biodiesel Magazine) … The U.S. biodiesel industry, through its trade association the National Biodiesel Board, joined a broad coalition of 50-plus industry groups calling for action on tax extenders this year by sending …
by Joanna Schroeder (Energy.AgWired.com) Another federal bill has been introduced to extend the biodiesel tax credit. Rep. Diane Black (R-Tenn.) has introduced the “Biodiesel and Renewable Diesel Incentive Extension Act of 2016” (H.R. 5994). The …
(NATSO/PR Newswire) NATSO, the national association representing America’s travel plazas and truckstops, today applauded Rep. Diane Black (R-Tenn.) for introducing the “Biodiesel and Renewable Diesel Incentive Extension Act of 2016,” (H.R. 5994) that would extend …
by Mike Chisam (The Hays Daily News) A recent article in the Hays Daily News, titled “Subsidized madness,” makes erroneous claims about the Renewable Fuel Standard and ethanol. The article attacks the RFS by using the …
(Biofuels International) The US Senate has introduced a bill to extend the $1/gallon biodiesel tax credit through 2019 and to transform it from a blenders’ credit to a domestic production credit.
The bill mirrors a House …
by Jim Lane (Biofuels Digest) We would like you to consider the proposition that alcohol-to-jet fuels, known as ATJ to the 3-letter acronym enthusiasts, deserve two RINs. and two credits under the California Low Carbon Fuel …
by Ron Kotrba (Biodiesel Magazine) A bill was introduced in the U.S. Senate to extend the $1-per-gallon biodiesel tax credit through 2019 and restructure the incentive from a blenders credit to a domestic production credit. …
(National Biodiesel Board) Nearly 100 biodiesel industry leaders are converging on Capitol Hill Tuesday to call for strong clean-fuels policy as a new study found that the industry is supporting nearly 48,000 jobs nationwide.
The study, …
by Mike Lefever (Post Independent/Citizen Telegram) … In the end, though, I hope your take away is the same as mine; there’s a place at the pump for ethanol, petroleum and other fuels. We just don’t want …
(Iowa Renewable Fuels Association) An analysis of a recent Iowa Department of Revenue report shows the average biodiesel blend purchased in Iowa reached 11.0 percent in 2015, an increase from the 9.4 percent average blend in …
by Meghan Sapp (Biofuels Digest) In Washington, the Advanced Biofuel Association has teamed with an unexpected group of lobbying partners in favor of keeping the biodiesel tax credit as a blenders credit. Partners include the National …
by Ron Kotrba (Biodiesel Magazine) The U.S. imported a record volume of biomass-based diesel in 2015. … This increase in imports is particularly interesting because 2015 was a year with no forward-looking $1-per-gallon blender’s tax …
by Ron Kotrba (Biodiesel Magazine) After an extended period of policy uncertainty, the final renewable fuel standard (RFS) rule and a two-year retroactive reinstatement of the $1-per-gallon blenders tax credit are expected to bring stability …
(High Plains/Midwest Ag Journal) U.S. consumers used a record of nearly 2.1 billion gallons of biodiesel in 2015, reducing America’s carbon emissions by at least 18.2 million metric tons, according to new EPA data released …
by Michael McAdams (Advanced Biofuels Association/Biomass Magazine) … Second, we have both retroactive and forward-facing tax credits. For the first time in years, Congress injected some certainty into the market by extending expired tax provision for …
(National Biodiesel Board) US consumers used a record of nearly 2.1 billion gallons of biodiesel in 2015, reducing America’s carbon emissions by at least 18.2 million metric tons, according to new EPA data released …
by Erin Voegele (Ethanol Producer Magazine) In mid-December, Sen. Bernie Sanders, I-Vt., who is seeking the democratic presidential nomination, introduced legislation that aims to enact long-term extensions of several clean energy tax credits that benefit …
by Jim Lane (Biofuels Digest) They’re here. $2.05 per gallon, at-scale, domestically produced advanced renewable fuels — utilizing non-food feedstocks and based on next-generation technology. The Navy’s 7-year quest to diversify its fuel supply without …
by Erin Voegele (Biodiesel Magazine) On Dec. 18, President Obama signed a $1.1 trillion spending bill and accompanying legislative package of tax extenders into law. The legislation includes two-year extensions of several tax credits that …
by Jim Lane (Biofuels Digest) … “In the old days, ethanol was a political commodity,” Informa Economics Senior VP Scott Richman told the crowd assembled at the Canadian Bioeconomy Conference in Vancouver this week, organized by the …
by Michael McAdams (Advanced Biofuels Association/Biomass Magazine) To say that 2015 was an overall disappointment for the biofuels industry would be an understatement. With the price of oil hovering from the high $30s to the …
(Advanced Biofuels Association) Today the Advanced Biofuels Association sent a letter to Senate Finance Committee leadership that expressed concern about changes to the biodiesel and renewable diesel blenders tax credit. The full letter is available below and …
(National Biodiesel Board) Critical Incentive Has Remained Expired All Year — Nearly 100 biodiesel leaders from across the country will press lawmakers on Capitol Hill Tuesday to reinstate the biodiesel tax incentive as a domestic …
by Ron Kotrba (Biodiesel Magazine) As the battle over the biodiesel tax credit structure heats up, the National Biodiesel Board sent a letter to House Ways and Means Committee Chairman Paul Ryan and Ranking Member …
(Environmental and Energy Study Institute) On October 21, the Advanced Biofuels Association, along with the Petroleum Marketers Association and other retail fuel groups, expressed opposition to changing the biodiesel and renewable diesel blenders’ tax credit. …
(Advanced Biofuels Association) During the Senate Finance Committee’s July markup, Senator Charles Grassley offered an amendment, co-sponsored by Senator Maria Cantwell, which would extend the biodiesel and renewable diesel tax credit for two years. However, …
by Patrick McLoughlin (Platts) Renewable fuels in the US will continue to be dogged by uncertainties while awaiting decisions from the environmental authorities on some key issues, Neste Oil said Friday.
The Finnish refiner, which specializes in …
by C. Boyden Gray (The Washington Times) ANALYSIS/OPINION: A media campaign is underway to malign a cleaner, cheaper challenger to gasoline’s virtual monopoly on transportation fuel. If it succeeds, this campaign will deprive American drivers of …
by Scott Irwin and Darrel Good (FarmDocDaily) …We concluded that the buying and selling of RINs within that supply chain results in something close to a zero-sum game in terms of profitability for the industry. The …
by Jim Lane (Biofuels Digest) This week in Washington, it has been one for the record books, emailwise and biofuelswise. Reams and reams of emails attest to the seriousness of the stakes — as NGOs, …
by Alison Sider (Dow Jones Newswire/Lloyds) Valero Energy Corp. (VLO) said it will have to spend two or even three times as much as it did last year to comply with the federal ethanol blending …
by Jim Lane (Biofuels Digest) Louisiana — hot as cayenne pepper in biofuels capacity development, but some cautionary tales there in the sauce.
When it comes to the first generation of ethanol and biodiesel-based biofuels, Louisiana …
by Holly Jessen (Ethanol Producer Magazine) …The arrival of the blend wall and expected increase in E85 prices due to the lapse of VEETC are two factors that have complicated the future outlook of ethanol …
(TheIndyChannel.com) Analysts Predict Higher Prices Ahead
…AAA said Monday that both gasoline and crude oil prices are at historic highs for this time of year.
The national average for regular gas climbed four cents a gallon last …
(Farm Futures) Even without VEETC ethanol is still making gasoline cheaper
In its monthly short-term outlook, the Energy Department expects U.S. benchmark crude oil prices to average over $100 a barrel in 2012 and touch an …
(Chicago Tribune) …Congress and the federal agencies responsible for managing the biofuel industry need to stop trying to artificially create a market for a high-tech product that may never exist on a commercial scale.
…At current …
by Geoff Cooper (Renewable Fuels Association) …In recent weeks, many headlines have trumpeted the argument that gas prices will be higher as a result of expiration of the VEETC. As is often the case, a …
by Robert Pear (New York Times) …“We are in a fairly prosperous period for agriculture,” said Dean C. Taylor, a former president of the Iowa Corn Growers Association. “Agriculture has not been as much of a …
by Chris O’Malley (Indianapolis Business Journal) …But it looks like motorists, rather than ethanol makers, stand to feel the pain.
The reason is the survival of another federal measure, known as the Renewable Fuels Standard. It …
by Kris Bevill (Ethanol Producer Magazine) Retailers are concerned about increasing E85 prices as a result of the Volumetric Ethanol Excise Tax Credit’s expiration, says Todd Garner, CEO of Boca Raton, Fla.-based ethanol marketer and …
(Farm Futures) Failure to renew the Volumetric Ethanol Excise Tax Credit will create a new world for the industry.
…What many consumers don’t realize is that the tax credit didn’t go to ethanol plants, it went …
(WRAL) Lack of action by state lawmakers and Congress is expected to raise gas prices in North Carolina by more than 8 cents a gallon, starting Sunday.
Half of the increase comes from the state. North …
by Charles Abbott and Reese Ewing (Drovers Cattle Network) A U.S. ethanol tax credit costing roughly $6 billion a year will expire on Dec. 31, with the U.S. industry declaring itself ready to stand on …
by Garry Niemeyer (National Corn Growers Association) Back in August, the Green Scissors Project identified ways the federal government could shave $380 billion from the federal budget over five years. But their $380 billion in …
(NACS Online) Refiners are starting to warn marketers to prepare for the end of the 4.5 cts/gal ethanol tax credit, which is set to expire at month’s end, absent last-minute action by Congress.
Chevron notified its …
by Dan Piller (Des Moines Register) Ethanol producers will lose about 25 to 30 cents per gallon on operating profits when the tax credit for blenders goes away after Dec. 31.
…(Walt) Wendland, who also is president …
(Platts) The EU’s Customs Code Committee approved Wednesday a draft regulation to raise import taxes for high ethanol blends, a source close to the matter told Platts.
The decision could result in increased domestic prices for …
by Cindy Zimmerman (DomesticFuel.com) In a letter to the co-chairs of the Joint Select Committee on Deficit Reduction, the so-called “super committee” assigned to find ways to cut the deficit, the Renewable Fuels Association today urged …
by Erin Voegele (Biorefining Magazine) …While some in the industry doubt that a Congress so focused on debt reduction will extend VEETC and the biodiesel tax credit, Greg Jenner, a partner in Stoel Rives LLP’s …
by Robert Rapier (Forbes) …My Plan: Award Direct Per Gallon Subsidies for Oil Displacement
Instead of offering grants and loan guarantees for cellulosic ethanol producers — and forcing blenders to pay when they can’t purchase product …
by Sarah Gustin (KXMB TV Bismark) …(Jeff Zueger / Blue Flint Ethanol) “We really need blender pump infastructure, we need flex fuel vehicle infastructure, so we can get to those higher level blends so consumers …
by Kent Theisse (Corn and Soybean Digest Blogs and Opinions) … Many people are very excited about producing ethanol from woodchips, switchgrass, algae and other substances; however, most of this type of ethanol production is still …
by Kris Bevill (Ethanol Producer Magazine) For years, in coffee shops and grain elevators across the upper Midwest, independent thinkers have voiced their opinions on the benefits of midlevel ethanol blends. Tales of fueling the …
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 …
(Office of Senator Amy Klobuchar) Agreement would put savings toward deficit reduction, infrastructure
U.S. Senators Amy Klobuchar (D-MN), John Thune (R-SD), and Dianne Feinstein (D-CA) today announced that a bipartisan agreement has been reached that allows …
by Jacob Barker (The Columbia Daily Tribune) Policies fueled the boom in industry.
Federal subsidies for ethanol push up ethanol production and the price of corn, according to a report released today (June 27, 2011) from …
by Senator Mike Johanns (York News-Times) …Ethanol helped keep $34 billion of our money at home last year instead of going to other countries for foreign oil.
…Though these benefits are significant, today’s fiscal realities require …
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 …
(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 …
by Jim Lane (Biofuels Digest) In Washington, on a cloture vote in the Senate to proceed to an amendment that would end the current ethanol tax incentive immediately, Senator Coburn’s amendment lost 40-59, falling 20 votes …
by Lori Montgomery (The Washington Post) A majority of Senate Republicans appeared to break Tuesday with two decades of GOP orthodoxy against higher taxes, voting to advance a plan to abruptly cancel billions of dollars …
by Darren Goode (Politico)
Sen. Tom Coburn has pulled the trigger and is forcing a long-sought vote on an amendment repealing billions in annual tax incentives for ethanol.
The Senate will vote Tuesday afternoon on Coburn’s motion …
(Minnesota Public Radio News) The Assertion: The state and federal government should continue subsidizing ethanol
Ethanol’s promise as America’s path to energy self-sufficiency once seemed strong. But in recent years, that attraction has been tempered. Even …
(Renewable Fuel Association) The American Coalition for Ethanol (ACE), Growth Energy, the National Corn Growers Association (NCGA), and the Renewable Fuels Association (RFA) today praised the legislation offered by a bipartisan group of senators, led …
(Senator Chuck Grassley) Senators Chuck Grassley of Iowa and Kent Conrad of North Dakota today introduced bipartisan legislation to update ethanol tax policies in an effort to boost domestic energy production and increase America’s energy independence …
by Ayesha Rascoe (Reuters) …”The fact is the industry has pretty much been built,” USDA Chief Economist Joe Glauber told reporters on the sidelines of a Commodity Markets Council conference. “This isn’t a question of …
by Candace Krebs (AgJournal.com) Since Stratton Equity Co-op installed Colorado’s first “blender pump” offering a range of ethanol based fuels last April, interest has slowly been rising, right on track with national ethanol usage overall.
“We’ve …
by Porter J. Martin and Gregory J. Lynch (Ethanol Producer Magazine) …
Can ethanol survive without these supports? I believe the answer is yes, if we take steps to plan now. Why? Because we have …
by Todd Neeley (The Progressive Farmer) …(P)ressure from rising corn prices at the start of 2011 is expected to test ethanol producers’ ability to manage risk. …Rabobank said ethanol would remain profitable with corn …
by Cindy Zimmerman (DomesticFuel.com) The American Farm Bureau Federation is supporting a new direction in biofuels policy away from the blenders tax credit and toward increasing infrastructure.
“The whole discussion has been evolving within the industry and within …
by Robert Rapier (Consumer Energy Report/R Squared Energy Blog) …Reader Paul Nash came up with a specific plan…
Specific Recommendations
Scrap the VEETC (since there is a mandate already and it expires at the end of 2010).
Maintain …
(Growth Energy) The New York Times’ July 29th Editorial “Energy Subsidies – Good and Bad,” mischaracterizes Growth Energy’s proposal to open the American transportation fuels market and fails to acknowledge the technological advancements that have made …
by Joe Ruff (Omaha World Herald) It’s time for the federal government to move beyond offering tax credits to companies that combine ethanol with gasoline, said the CEO of the fourth-largest ethanol producer in the country.
Instead, …
(Growth Energy) Growth Energy, a coalition of U.S. ethanol supporters, today called for the redirection and eventual phasing out of government support for ethanol in return for a level playing field – infrastructure investments that will …
(Biofuels Digest) … (A)n overview by Digest special correspondent Tim Sklar, “Supporting Biofuels Prices without Taxes or Subsidies,” which examines the potential of subsidy-free programs to achieve the same price normalization goals as biofuels subsidies which …
Dr. Robert Wisner (AgMRC) A fuel ethanol blending wall has been anticipated for the last three years. When reached, it would halt growth of the ethanol industry or initially would cause demand growth to fall …
by Patrick Westhoff (Washington Times letter to editor) The editorial “Stop ‘Big Corn’ ” (Opinion, Monday) did not accurately describe the analysis of ethanol policy conducted by our institute.
The editorial says we at the University …
by Mark (Corn Commentary) …The next issue can already be seen on the horizon and it can be seen clearly because it is not a “new” criticism. It is called the Volumetric Ethanol Excise Tax …
