Articles tagged with: gas prices
by Jim Lane (Biofuels Digest) In our March Madness series, we’ve been covering emerging markets and technological pathways and market access – what about market pricing? Specifically, the price of the incumbent that’s oil and …
by Javier Blas (Bloomberg) Petrochemical earnings accounted for 75% of Exxon’s net income; Oil executives see future for chemicals beyond crude rout — Big Oil is suddenly Big Chemical. For years, the business of turning gas and crude …
by Russell Hubbard (Omaha World-Herald) … Convenience store operator Kum & Go says it is making a massive commitment to higher gasoline-ethanol blends, planning to sell E15 at about 100 more locations this year.
The 430-store …
by Thomas Richard (Examiner.com) … One thing that is helping to keep gas prices down is the introduction of ethanol into the mix. Ethanol, made primarily from distilled corn, replaces 10 percent of gasoline and is …
by Zac Auter (Gallup) Seventy-three percent of Americans say they prefer emphasizing alternative energy, rather than gas and oil production, as the solution to the nation’s energy problems. This marks the highest percentage of Americans …
by Geoff Cooper (Renewable Fuels Association) One of the oil industry’s favorite talking points in its campaign to repeal the Renewable Fuel Standard (RFS) is the argument that “gasoline demand is falling,” and thus refiners …
by Scott Irwin (University of Illinois/FarmDocDaily) A recent farmdoc daily article (August 19, 2015) documented that real (inflation-adjusted) prices of crude of oil and gasoline have recently fallen all the way back to levels prevailing …
by James Rydge (New Climate Economy) Support for carbon pricing is growing around the world. Governments, businesses and investors are recognising that nationally-appropriate taxes and trading schemes, as part of a well-aligned package of policies for low-carbon …
by Richard Piersol (Lincoln Journal-Star) Demand for renewable credits helps change market
Prices of premium and regular grades of gasoline without ethanol are likely to rise in Nebraska and Iowa, and those fuels may become harder …
by Jim Lane (Biofuels Digest) Freedom of choice, it turns out, drives better value for drivers. The Digest goes in-depth to look at real-world data — and the power of free markets in fossil and …
(Renewable Fuels Association) The Renewable Fuels Association (RFA) today (April 5, 2013) responded to the questions posed by the U.S. House of Representatives’ Committee on Energy and Commerce in a white paper entitled, “Examining ‘Blend …
by Stephan Nielsen (Bloomberg) Petroleo Brasileiro SA (PETR4), the state- run oil company, is boosting money-losing gasoline imports at its fastest pace ever, holding down prices for alternative fuels and hindering investments in ethanol.
…President Dilma …
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 David Shaffer (Star Tribune) As the price spread diminished between the high-ethanol gasoline blend and regular fuel, some drivers of Flex Fuel vehicles stopped pumping it into their tanks.
Minnesota sales of the high-ethanol gasoline …
by Susanne Retka Schill (Ethanol Producer Magazine) …“Ethanol’s value proposition, as a very cost-effective molecule in the motor gasoline pool, has proven itself over time, and we’re very confident of that in the future,” says …
by Erin Voegele (Ethanol Producer Magazine) Sens. David Vitter, R-La., and Lisa Murkowski, R-Alaska, have sent a letter to U.S. EPA administrator nominee Gina McCarthy, asking her to outline “how she will protect American citizens …
by Dan Piller (Des Moines Register) Gasoline prices remain stuck above $3.50 per gallon despite the highest monthly domestic oil production in 21 years.
Big Oil and renewable fuels advocates on Wednesday blamed each other for …
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 Scott Irwin and Darrel Good (University of Illinois/FarmDocDaily) …The suggestion to waive the mandate assumes that ethanol production and blending is motivated only by the RFS and that a lower mandate would result in less …
by Dan Piller (Des Moines Register) Major oil companies called on Congress Wednesday to repeal the Renewable Fuel Standard, the six-year-old federal law mandating biofuels use that is the base of demand for both ethanol …
by Jim Lane (Biofuels Digest) Read any stories about renewable fuels lately in mainstream media? Bet they’re bad ones. Here we look at the latest chapter in the “death to all renewables” propaganda war.
If you …
by Bob Dinneen (Renewable Fuels Association) Prices for conventional renewable fuel RINs (Renewable Identification Number)[1]have increased significantly in recent weeks. Oil companies and various media outlets have suggested the increase in RIN prices is due …
by Jim Lane (Biofuels Digest) Wondering when affordable algae-based transportation fuels might arrive at your local retail outlet? Might be sooner than you think. Here’s the lowdown.
…Further, we have to take into account that, …
by Ed Ulch (The Gazette) … World Grain stated in its February issue that “Grain-based food companies had record stock performance in 2012.”
Big oil companies are touting high food prices to stir the public and …
(Renewable Fuels Association) The Renewable Fuels Association (RFA) today released a new video entitled “40 Facts About Ethanol.” It is a fast-paced, up-tempo, animated data-based review of ethanol past, present and future. To view this …
by Mario Parker (Bloomberg) Ethanol’s discount to gasoline fell the most in more than three months as the motor fuel slumped and corn rose.
The spread narrowed 10.45 cents to 58.56 cents a gallon, the smallest …
by Erin Voegele (Ethanol Producer Magazine) The U.S. House of Representatives Committee on Science, Space and Technology’s Subcommittee on Environment is scheduled to hold a hearing on mid-level ethanol blends on Feb. 26. The hearing …
by Bob Dinneen (Renewable Fuels Association) If you’ve been paying more at the pump for gasoline, you aren’t alone. And, if it weren’t for U.S. ethanol, you’d be paying even more.
…Gas prices are skyrocketing despite …
by Kenneth P. Green and Elizabeth DeMeo (American Enterprise Institute) The ethanol mandate continues to do more harm than good — inflicting environmental damage, raising food prices, and distorting energy markets. …
Ethanol and Food Prices …
Ethanol and …
by Cindy Zimmerman (DomesticFuel.com) In the face of increasing calls to waive the nation’s Renewable Fuel Standard, biofuel industry stakeholders today announced a major new communications campaign to educate consumers and policy makers about the …
by Terry Daynard (The Record) Opinion pieces about fuel ethanol have been popular among national journalists this summer, most seem written quickly and researched poorly.
The one published recently by news services columnist Carol Goar …
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 …
(Renewable Fuels Association) …Gas prices have been increasing as well. However, relief at the gas pump is possible thanks to America’s growing use of ethanol.
According to updated research released by the Center for Agricultural and Rural Development …
by Bob Dinneen (Renewable Fuels Association) The following editorial was submitted to the Wall Street Journal, but was rejected by the Editorial Features Staff. Beyond the Biofuel-bashing Editorials: Ethanol Really Reduces Prices at the Pump By Bob …
by Mario Parker (Bloomberg BusinessWeek) Ethanol, the best-performing energy commodity this year, is cheaper than gasoline, encouraging refiners to use the biofuel even if President Barack Obama’s administration ends a requirement to do so.
A 49 …
(Platts) Eight groups representing a cross section of the US biofuels industry asked the White House on Monday to keep the ethanol mandate in place, despite governors’ calls to shrink it in response to a …
by Bertha Coombs (CNBC) Calls are growing to suspend the federal ethanol production mandate next year, as the worst drought in more than half a century has devastated the corn crop in the U.S. The …
(Reuters) Gasoline prices in the United States rose over the past two weeks, driven partly by supply disruptions and a drought-induced rise in ethanol prices, a widely followed survey showed on Sunday.
…Trilby Lundberg, who conducts …
(PEW Charitable Trust) …More than 31 million Americans will travel at least 50 miles from their homes over the Memorial Day weekend. With gas averaging $3.67 per gallon, consumer fuel costs will exceed $171 million …
(Zimbabwe Independent) Green Fuel has dismissed claims by government that it has not furnished it with the cost structure into its wholesale price of E10.
Senior officials of the company outlined its cost structure at a …
by Jim Lane (Biofuels Digest) Mad as heck about $5 gasoline? According to new research from Iowa State, the price could have hit $6 per gallon, if the US had not had its ethanol supply.
A …
by Holly Jessen (Ethanol Producer Magazine) Research showing consumers are willing to pay a premium for ethanol was published in the March issue of the Journal of Environmental Economics and Management. Soren Anderson, a Michigan …
by Steve Tarter (Peoria Journal Star) …Michael Klare is a professor at Hampshire College in Amherst, Mass., and the author of a new book, “The Race for What’s Left: The Global Scramble for the World’s …
by Kris Bevill (Ethanol Producer Magazine) …Dinneen noted that because ethanol is currently less expensive than gasoline, marketers should be able to offer E15 to consumers for a less expensive price than E10 or any …
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 …
by Michael Hirtzer (Reuters) U.S. gasoline futures soared to a record premium over ethanol on Monday as gas prices topped $4 per gallon in some states while stocks of the biofuel were likely to continue swelling, analysts and …
by Jim Lane (Biofuels Digest) …Now, in Brazil, the generally accepted threshold point for ethanol and gasoline is around 70 percent – if the ethanol price is 70 percent, or less, of the gasoline price, …
by Courtney Collen (KSFY.com) …One Sioux Falls dealership says people are not spending on just any car – they’re in the market for Flex-Fuel Vehicles in order to save money.
Flex-Fuel Vehicles run on regular gasoline …
(UPI) …Obama said the key to America’s energy future is reducing dependence on foreign oil through increased fuel efficiency and investment in alternative fuels.
“The most important thing I can do as a president is not …
by Chris Nelder (Smart Planet) The realization that oil prices aren’t about them anymore has been slow to dawn on Americans after a century of being the world’s swing consumers. But the fact is that …
by Sarah Bittleman (USDA/25 x ’25) America needs and is developing a reliable, sustainable, fuel supply. If we are able to produce more of it here at home – rather than relying on foreign oil – …
by Jim Martin (Erie Times-News) U.S. Agriculture Secretary Tom Vilsack knows gas prices are high.
…But Vilsack, a Pittsburgh native, said prices could be a lot worse.
In an interview with the Erie Times-News, Vilsack said Tuesday …
(Environmental and Energy Study Institute) A House Energy and Commerce Subcommittee held a hearing on what to do about rising gasoline prices. Most of the hearing focused on whether increasing oil production from federal lands and …
(KFYR-TV) With the price of gasoline increasing to $3.70 a gallon, more and more motorists are choosing E-30 and E-85, a less expensive alternative to gasoline. In fact, sales of ethanol-blended fuel in North Dakota …
(US Senate Committee on Energy and Natural Resources) Jeff Bingaman, chairman of the Senate Energy Committee, has a well-deserved reputation for focusing on facts. He worries about the many myths surrounding gasoline prices, oil prices …
by Cindy Zimmerman (DomesticFuel.com) …From the president to the people at the pump, everyone is talking about higher gasoline prices these days, but ethanol is actually helping to keep them lower than they could be.
In …
by Brent Erickson (Biotechnology Industry Organization/Biofuels Digest) BIO’s industrial biotech czar says that governments should resist attempts to derail the commercialization of advanced biofuels, and not be beguiled by the Solyndra Syndrome
In 2011, consumers spent …
by Steve Gelsi (Market Watch) Biofuel, electric cars and natural gas-powered vehicles drew attention against a backdrop of sharply higher petroleum prices from investors gathered at the Jefferies Global Clean Technology Conference.
With crude oil topping …
(American Coalition for Ethanol) The American Coalition for Ethanol (ACE), a national advocacy association for the
U.S. ethanol industry, released this statement today following President Obama’s remarks on energy policy and gasoline
prices.
“We appreciate that the President …
(Renewable Energy Magazine) Recent studies commissioned by NGOs Friends of the Earth and ActionAid claim that biofuels, including ethanol, will cost EU consumers €126 billion at the petrol pump between now and 2020. ePURE, the European …
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 …
(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 …
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 Geoff Cooper (Renewable Fuels Association) There’s a hot new craze called the “Ethanol Shuffle” that’s sweeping seaports from Sao Paulo to Los Angeles. No, it’s not a new dance, this shuffle is all about …
(Malaya Business Insight) Increasing ethanol in the U.S. gasoline supply would lead to lower crude oil prices.
This is the conclusion of a study assessing the impact of US ethanol on fossil fuel markets by the …
by Matt Hartwig (Northwest Florida Daily News) Opinion: In a Nov. 2 editorial (“Florida’s ethanol escapade”), the Northwest Florida Daily News mischaracterized my remarks to a reporter and extrapolated conclusions that simply were not there.
…First, …
by Tom Rivers (The Daily News) Michael Sawyer, 38, of Geneseo took a gamble in 2005. After eight years in corporate finance in Rochester, he left that career to join his father John Sawyer in …
by Robert Burns (AgriLifeToday) Feeling pain again at the gasoline pump? Don’t blame it on corn and the cost of ethanol.
Well, at least don’t blame it entirely on corn, said Dr. Mark Welch, Texas AgriLife …
by Kathryn Ferrara (Medill News Service/Northwest Indiana) Chicago area drivers may pay more for gasoline next year if the state Legislature adopts a proposed change in the sales tax.
Most Chicago area drivers are buying what’s …
by Janet Kubat Willette (AgriNews.com) …The Sinclair station at 205 Sixth St. S.W. in Rochester installed a blender pump earlier this year, becoming the first station in Rochester to offer different blends of ethanol. The …
(The Economist/Free Exchange) LAST week I noted that volatile oil prices have played an underappreciated role in recent business cycles. Over the weekend, James Hamilton published additional analysis of oil-price changes since last year, and he presents …
(Wisconsin BioIndustry Alliance) A report by the University of Wisconsin and Iowa State University found that ethanol production helped reduce gas prices at the pump by an average of $0.89 per gallon across the country in 2010.
The …
by Jim Lane (Biofuels Digest) …A study came along this past week from economists at Iowa State University and the University of Wisconsin, that found that if ethanol production came to an immediate halt, the estimated …
by Xiaodong Du, Dermot J. Hayes (Iowa State University/Center for Agricultural and Rural Development) This report updates the findings in Du and Hayes 2009 by extending the data to December 2010 and concludes that over …
by Ivan Castano (Renewable Energy World) “I think it can be done,” says Raul Felix, climate change and renewable energy practice coordinator at Baker & McKenzie in Mexico City. “However, Pemex is going to have to pay …
(Hoosier Ag Today) …According to the Renewable Fuels Association, 10 percent ethanol blends are keeping gasoline prices 12-cents per gallon cheaper than they otherwise would be. RFA says these savings do not take into account …
by Tom Lutey (Billings Gazette) Camelina, the biofuel that five years ago Gov. Brian Schweitzer called his new girlfriend, now struggles for a planting date with Montana farmers.
“The biggest challenge of all is the price of wheat,” …
(AP/Google) … On Sunday, the Empire State became the sixth state to top $4 for the average price of a gallon of gas, joining Alaska, California, Connecticut, Hawaii and Illinois, according to AAA’s Daily Fuel …
by Kris Bevill (Ethanol Producer Magazine) The Senate energy committee held a two-hour hearing April 7 to discuss proposed legislation to expand the domestic biofuels market, but expanded its scope through testimony and committee member …
by Michael J. Crumb (Associated Press/Forbes) …Now, they’re concerned again as corn prices rose even higher last week following an announcement that U.S. farmers are planting the second largest corn crop since 1944, but it …
(University of Missouri) Food prices could increase by more than 4 percent in 2011 as the farm sector recovers from a sharp downturn in the recession, University of Missouri economists reported to Congress.
An annual MU FAPRI …
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 …
