by Simla Tokgoz (U.S. Department of Agriculture Economic Research Service) By law, the U.S. Environmental Protection Agency (EPA) sets targets for blending renewable fuels such as ethanol with traditional transportation fuels to implement the mandates set by the Energy Independence and
oil prices
Back TO HOMESpecial Issue: What to Expect during the Trump II Presidency
(American Energy Society/Energy Matters) From experience, we all know that when Donald Trump is president, nothing is certain. It is hard to predict how the energy sector will change, both domestically or around the world. This special issue of Energy Matters
November 12, 2024 Read Full Article
Cometstock: Comstock Fuels Yields Are Headed for the Stars. Why?
by Jim Lane (Biofuels Digest) ... Feedstock costs look more like 50 cents a gallon at the yields, based on $60 per ton for waste biomass, that have been in our reporting this year, and that’s transformative. So, it’s a comet. Why,
October 14, 2024 Read Full Article
Report: Low Corn Prices Support Expansion of Chinese Ethanol Production
by Erin Voegele (Ethanol Producer Magazine) Ethanol production and demand in China are expected to increase 17% this year, according to a report filed with the USDA Foreign Agricultural Service’s Global Agricultural Information Network. Domestic ethanol production capacity in China is
September 20, 2024 Read Full Article
Corporate Window: Looking towards Ethanol
by Abdul Waheed Bhutto (Dawn) Liquid biofuels derived from renewable sources such as edible and non-edible oils and animal fats provide an eco-friendly alternative to traditional petroleum-based fuels. These biofuels can be easily blended with diesel and gasoline (petrol) for use in existing engines,
August 05, 2024 Read Full Article
Refining Woes Hit Big Oil as Pressure Rises on Investor Returns
by Kevin Crowley (Bloomberg) ... Refining margins are expected to prove a drag on oil-industry earnings, adding pressure to a sector struggling to balance shareholder returns and growth. Lackluster diesel demand, rising competition from biofuels, and new refineries in the Middle
July 25, 2024 Read Full Article
The Link between Oil and Ag -- Understand Why Oil Prices Impact Corn and Soybean Prices.
by Cassidy Walter (Successful Farming) “Petroleum is the floor,” says Owen Wagner, senior grain and oilseeds analyst for RaboResearch. “That’s the best way to think of it; petroleum sets the foundation.” Wagner says the price of oil is not a primary driver
February 05, 2024 Read Full Article
Fire! Open Letter to US Treasury, Energy Secretaries on Addressing the Threat of Forest Fire via the Bioeconomy
by Jim Lane (Biofuels Digest) ... Which brings us to the forest, because once we have stopped by the commodity exchanges where oilseeds, grains, and waste fats and oils are priced and traded, we discover right away that commodity prices are
December 11, 2023 Read Full Article
When It All Matters
by Katie Schroeder (Ethanol Producer Magazine) In August, the American Coalition for Ethanol held its 36th Annual Conference, themed “Everything Counts,” featuring speakers covering topics ranging from selling higher blends of ethanol to export markets and decarbonization. Members of ACE leadership, Dave
October 20, 2023 Read Full Article
The Arab Oil Embargo and Ethanol: 50 Years Later
by Geoff Cooper (Renewable Fuels Association) Fifty years ago this week, the Organization of Petroleum Exporting Countries (OPEC) announced an embargo on oil exports to the United States in retaliation for America’s support of Israel in the Yom Kippur War. The embargo
October 20, 2023 Read Full Article
Indian Standards on Biofuel to Support Greater Bay Area’s Clean Energy Goals
(India Education Diary) The Bureau of Indian Standards (BIS), the National Standards Body of India commits to complement the green initiatives of the country through development of relevant standards. Through an official release, BIS also announced that the Indian Standards will
September 25, 2023 Read Full Article
Todd's Take: Has the Case for Ethanol Come Full Circle?
by Todd Hultman (DTN Progressive Farmer) ... The same day President Bush signed the Energy Independence and Security Act of 2007 into law, spot corn was trading near $4.39 a bushel and crude oil was near $91 a barrel, not far
September 25, 2023 Read Full Article
Lawmaker Calls for Relaxation of Biofuel Requirement to Ease Oil Prices
by Beatriz Marie D. Cruz (Business World) The government should provide P5.19 billion in fuel subsidies to the transport, farm and fisheries sectors in the next three months to avert runaway inflation that could hit 6.2% this year amid spiraling global crude prices,
September 21, 2023 Read Full Article
The 3 Best Biofuel Stocks to Buy Now
by John Blankenhorn (InvestorPlace) Hydrocarbons remain one of the densest and most efficient energy sources on the planet. That gives biofuels an edge in the race to replace oil ... In April of this year, OPEC announced surprise oil production cuts to maintain higher prices,
June 07, 2023 Read Full Article
Can We Replace All Crude Oil within 20 Years with Cellulosic Liquid Hydrocarbons?
by Charles Forsberg and Bruce Dale (Biofuels Digest) In the United States, crude oil products provide 48% of the total energy to the final customer: residential, commercial, industrial and transportation. Replacement of crude oil products (gasoline, diesel, jet fuel, chemical feed
May 30, 2023 Read Full Article
OPEC+ Production Cut Expected To Drive Up Gasoline Prices, but Higher Ethanol Blends Can Help
by Scott Richman (Renewable Fuels Association) ... To determine how these oil price forecasts would translate to U.S. retail prices of gasoline, RFA conducted a straightforward regression analysis. ... Two approaches were used for the analysis. First, retail gasoline prices were regressed against
April 07, 2023 Read Full Article
Philippines Mulls Higher Ethanol Blend
by Danessa Rivera -(The Philippine Star) As the Philippines mulls higher voluntary ethanol blends in gasoline, ethanol producers are looking to bump up investments, but imports are still needed to meet this higher requirement. All in all, this will help lower prices
January 31, 2023 Read Full Article
Columbia Economist Wrong on Ethanol’s Benefits
by Scott Richman (Renewable Fuels Association) As a proud graduate of Columbia University’s School of International and Public Affairs (SIPA), I was disappointed to read a recent commentary about ethanol by a research scholar at my alma mater. “A Chance to Phase Out
November 23, 2022 Read Full Article
OPINION: E15 Retailer Reports Customer Interest, Satisfaction
by Cassie Mullen (Renewable Fuels Association/Ethanol Producer Magazine) Last month, we kicked off a conversation with Joshua Jadlocki, senior petroleum scheduler at Sheetz, about what the retailer has experienced with its adoption of higher blends of ethanol, such as E15. Our discussion concludes
November 03, 2022 Read Full Article
Gas Prices Causing Drivers to Opt for Ethanol at the Pump
by Mark Magnuson (Iowa AgriBusiness Radio Network) 2022 has been a year of high prices at the fuel pump. Renewable Fuels Association President and CEO Geoff Cooper says that has led to drivers taking note of what ethanol fuel blends have to
September 13, 2022 Read Full Article
Algae Biofuel Back from Dead, Now with Carbon Capture
by Tina Casey (Clean Technica) Algae biofuel could have another moment in the sun, now that more federal dollars are pouring into carbon capture-and-recycling technology. -- Algae biofuel stakeholders have been stuck in the doldrums for years, but in an
September 09, 2022 Read Full Article
India’s Sugar Industry Set for Windfall Amid Ethanol Push
by Ravi Gupta (Times of India) India’s determination to increase use of biofuels drove a massive increase in ethanol production in the last 5 years and continuing. The demand for ethanol is keeping the pace and is only set to grow
August 17, 2022 Read Full Article
The Business of Their Biology, the Biology of Their Business: 10 Years after IPOs, How Are Amyris, Gevo, Codexis Doing?
by Jim Lane (Biofuels Digest) It’s been more than 10 years since the celebrated IPOs of Amyris, Codexis and Gevo showed that the second wave of industrial biotechnology (after the first wave of ethanol companies) was producing mature companies of size
August 10, 2022 Read Full Article
Declining Fuel Prices Mixed Bag for Biofuels
by Will Robinson (Brownfield Ag News) An ag economist says declining fuel prices are altering the demand for biofuels. The University of Missouri’s Ben Brown says that’s because of an increasing global oil supply, pointing to the U.S last week… “It was reported
August 04, 2022 Read Full Article
Forget Saudi Arabia — Biden Should Have Gone to South Dakota: Letters to the Editor for July 17
by Doug Sombke (South Dakota Farmers Union/Argus Leader/Governors' Biofuels Coalition) President Biden’s visit to Saudi Arabia to beg for more oil seems unnecessary to us — he could have saved himself a long trip by coming to see what is being
July 19, 2022 Read Full Article
The Cure for High Prices
by Geoff Cooper (Renewable Fuels Association/Ethanol Producer Magazine) ... At gas stations across the country, the cure for high prices isn’t more high prices—it’s ethanol. Refiners and blenders can lower gas prices for consumers simply by adding more ethanol, which
July 19, 2022 Read Full Article
Call for More State Promotion of Ethanol
(Bangkok Post) The Tapioca Ethanol Association is urging energy policymakers to promote more use of cassava-based ethanol in order to help motorists cope with high fuel bills, which have been driven up by the global oil price surge. ... The proportion of
July 13, 2022 Read Full Article
Oil Refiners, Unions Press U.S. EPA on Biofuel Blending Costs -Sources
by Laila Kearney and Stephanie Kelly (Reuters) Oil refining company and labor union representatives pressed the U.S. Environmental Protection Agency at a virtual meeting last week to lower costs of the nation's biofuel blending program when it resets the policy
July 11, 2022 Read Full Article
Whatever Happened to Cellulosic Ethanol?
by David Kramer (Physics Today) Technological immaturity, falling oil prices, overoptimistic investors, and regulatory uncertainty are blamed for the failure of a promising biofuel technology to perform as hoped. -- Despite a decade and a half of big US federal investments
July 06, 2022 Read Full Article
Surge in U.S. Renewable Diesel Supply Won't Offset Loss of Petroleum Diesel
by Laura Sanicola (Reuters) A flood of U.S. renewable diesel plants set to come online in the next three years will not be enough to offset the loss of petroleum diesel refining capacity from plant closings since 2019, a Reuters analysis
June 24, 2022 Read Full Article
Ethanol Gas Emerging as Cheap Gas Alternative for Those with Compatible Vehicles
by Andrew Haubner (CBS Sacramento) At certain gas stations across Sacramento, one can find gas prices above $6, but tucked away on smaller signs is flex fuel, which is being offered at as much as $2 fewer per gallon. What is E-85
June 22, 2022 Read Full Article
Oil Refineries Are Making a Windfall. Why Do They Keep Closing?
by Evan Halper (Washington Post) Companies see only headaches on the horizon for refineries, undercutting the White House push to boost production -- ... Oil refineries across the country are being retired and converted to other uses as owners balk at
June 21, 2022 Read Full Article
Why is E85 Almost $2 Cheaper Than Other Blends of Gasoline?
by Tyne Morgan (AgWeb) ... E85 is priced significantly less than other blends of fuel across the country, even $2 below at some locations. “We’re talking about a 30% to 40% discount in many cases,” says Geoff Cooper of Renewable Fuels Association
June 20, 2022 Read Full Article
Brazil Biodiesel Producers Ready to Boost Output Amid Diesel Shortage Fears
(BNamericas) Brazil’s biodiesel producers are ready to increase output to prevent a major diesel supply shortage, João Henrique Hummel, who represents the sector's interests in the lower house, told BNamericas. In September last year, the government decided to reduce the mandatory
June 20, 2022 Read Full Article
Renewable Fuels Offer Simultaneous Economic, Environmental and National Security Benefits
by Reid Detchon and Bart Ruth (United Nations Foundation and Solutions from the Land, respectively) Why are drivers in Watertown, S.D., paying 60 cents a gallon less to fill up their gas tanks than we are? Because 30 percent of their fuel is
June 15, 2022 Read Full Article
Inside Biden’s Frustration with Soaring Prices
by Tyler Pager (Washington Post) Biden vented to aides after an ethanol announcement designed to ease gas prices, questioning the policy’s effectiveness -- President Biden seemed upbeat when he visited an Iowa biofuels plant in April to talk about bringing down
June 13, 2022 Read Full Article
Record Gas Prices Fuel Ethanol Interest, But Risk Recession
(NAFB News Service/Hoosier Ag Today) The biofuel industry says record gas prices are fueling huge interest in blending more and higher blends of ethanol. Renewable Fuels Association President and CEO Geoff Cooper says the near-weekly records for gas prices are having a
June 08, 2022 Read Full Article
Efforts on to Introduce Ethanol in Agri, Construction Equipment: Gadkari
(Press Trust of India/India Standard) Union Minister Nitin Gadkari on Saturday stressed on the need to switch to alternative fuel like ethanol and said efforts are on to introduce ethanol in construction and agriculture equipment. The Union road transport and highways minister said the country imports petroleum products
June 08, 2022 Read Full Article
White House Should Move Beyond E15, Boost Biofuel’s Economic, Environmental, National Security and Public Health Benefits
(Solutions from the Land) ... Reports out of Washington indicate that EPA submitted to the White House late last month its proposal on biofuel mandates, calling for a retroactive reduction for years 2020 and 2021, then boosting it back up for
May 20, 2022 Read Full Article
RFA Hits Back at Ad Attacking RFS
by Cindy Zimmerman (Energy.AgWired.com) Renewable Fuels Association (RFA) Chief Economist Scott Richman hits back at a new ad campaign by an oil refiners coalition that blames high gas prices on the Renewable Fuel Standard (RFS) in a blog post explaining the inconvenient truth that refiners
May 16, 2022 Read Full Article
Oil Refineries Continue Attacks on the RFS While Enjoying Record Profit Margins
by Scott Richman (Renewable Fuels Association) If you watched the Sunday morning talk shows last weekend, you might have noticed a new advertisement (paid for by oil refiners) that attacks the Renewable Fuel Standard. The ad notes that consumers are paying record-high
May 13, 2022 Read Full Article
Inflation 'Really Pressuring' US Oil and Gas Industry: American Petroleum Institute CEO
by Talia Kaplan (FOXBusiness) Mike Sommers, the American Petroleum Institute president and CEO, argued on Wednesday that a long-term energy strategy is needed to reduce prices and stressed that the U.S. has resources that can be developed quickly "if we get the
May 12, 2022 Read Full Article
New Study Finds Golden State Drivers Save Big on Clean Fuels – Like E85 Produced by American Farmers -- Under California's LCFS
(Low Carbon Fuels Coalition) In California, the Single Biggest Driver of Fuel Costs is the Price of a Barrel of Oil; LCFS is Successfully Opening the Market and Decarbonizing California’s Transportation Fuels -- As the nation grapples with skyrocketing gas prices,
May 12, 2022 Read Full Article
Current State of North American Ethanol Sector
(Biofuels International) ... In the Administration’s adjoining Summer Fuels Outlook, the forecast for the average price of petroleum and diesel is that the next few months will see prices reaching their highest inflation-adjusted levels since the summer of 2014. This is
May 11, 2022 Read Full Article
Clean Fuels Releases New Study Demonstrating Lower Consumer Costs at the Pump
(Clean Fuels Alliance America) Without current U.S. biodiesel and renewable diesel production, fuel prices would be 4% higher -- Today (May 9, 2022), Clean Fuels Alliance America released a new study, “ The Offsetting Impact of Expanded Biomass Based Diesel
May 10, 2022 Read Full Article
Will GA Have a Fuel Problem?
by Julie Boatman (Flying Magazine) With avgas a boutique product and jet-A supplies in mitigation, experts see price volatility rather than more shortages ahead, for general aviation. ... What About SAF? Sustainable aviation fuel (SAF) has entered the picture in a significant way—if
May 10, 2022 Read Full Article
Sorry, But for You, Oil Trades at $250 a Barrel
by Javier Blas (Bloomberg/Washington Post) ... Third, and perhaps most importantly, refining capacity has declined where it matters for the market now, and the plants that are operating are struggling to process enough crude to satisfy the demand for fuel.
May 09, 2022 Read Full Article
Feature: Rising US Gasoline Costs, Refinery Closures and the Renewable Fuel Standard
by Janet McGurty (S&P Global) US refiners seek remedy for high gasoline prices; High RFS costs shut refineries, cuts supply; E15 waiver directly helps Midwestern drivers -- US refiners are taking their plea to the public with a new ad campaign launched by
April 25, 2022 Read Full Article
Ethanol against the World!
by Matt Reese and Dusty Sonnenberg (Ohio's Country Journal) ... “In a life cycle analysis of ethanol and electric vehicles, you have to look at the base load of carbon intensity. Right now, that number is 114 grams of CO2 per
April 22, 2022 Read Full Article
It’s Time to Harness Full Range of Economic, National and Energy Security, Public Health and Environmental Solutions Renewable Fuels Can Provide
(Solutions from the Land) ... Unfortunately, he has ignored a widely available, less expensive source of clean transportation fuel – biofuels, like ethanol – that could help ease those prices and supply concerns. Russian oil represents only 2 percent of all U.S.
April 07, 2022 Read Full Article
E15 Sales Reach Record Levels in 2021; Future Growth Threatened by Summertime Restrictions
(Renewable Fuels Association) Sales of E15, a gasoline blend containing 15 percent ethanol, hit a record 814 million gallons in 2021, according to a new analysis from the Renewable Fuels Association. The 2021 volume represented a 62 percent increase over the prior year
April 07, 2022 Read Full Article
PRICE—a 5-letter word for EARTH MONTH.
PRICE of fuel got you down? Did you know that in the US higher ethanol BLENDs are CHEAPer? Look for Unleaded 88 for vehicles BUILT in 2001 and NEWER; and for 85% renewable Flex Fuel for Flex Fuel Vehicles (FFVs).
April 06, 2022 Read Full Article
A Word about Diesel Fuel Prices: HIGH -- Reducing the Impact of Higher Diesel Fuel Prices Is Possible
(Diesel Technology Forum) ... Also using more biodiesel fuels can help offset the higher costs of petroleum diesel. Biodiesel fuels (B20) were running about 20 cents less per gallon than petroleum diesel, according to the latest information from the U.S.
April 05, 2022 Read Full Article
Reps Question Lack of Biofuels in Budget
by Cindy Zimmerman (Energy.AgWired.com) Representatives from Iowa questioned Office of Management and Budget (OMB) Director Shalanda Young Tuesday on the lack of biofuels in the $6 trillion White House budget unveiled this week. Reps. Randy Feenstra (R-IA) and Ashley Hinson (R-IA) both pressed Young
March 31, 2022 Read Full Article
Cheap Ethanol Drives French Demand for Gasoline Engine Conversion Kits
(Reuters) Sales of kits that let gasoline engines run on ethanol are surging in France, as drivers switch to using the sharply cheaper crop-based fuel at a time of soaring oil prices. Self-styled market leader FlexFuel Energy Development says it delivered 6,400
March 31, 2022 Read Full Article
Ethanol Producers Oppose Suspension of Biofuels Act
by Danessa Rivera (The Philippine Star) The Ethanol Producers Association of the Philippines (EPAP) is opposing a proposal to suspend the Biofuels Act of 2006 and is pushing to raise the blend from 10 to 15 or 20 percent to reduce
March 29, 2022 Read Full Article
2021 California E85 Sales Shatter Previous Record; Momentum Continues in 2022
(Renewable Fuels Association) Sales of E85 flex fuel in California surged to a new record in 2021, jumping 55 percent over 2020 levels and nearly doubling since 2018, according to new data released by the California Air Resources Board (CARB). Last year, California
March 28, 2022 Read Full Article
Dallas Fed: U.S. Oil Production Climbing, but Industry Sees Limits on Long-Term Growth Prospects
by Ben Lefebvre (Politico) Production is expected to grow to around 12 million barrels a day in 2022. -- U.S. oil companies are expanding production at a dramatic clip as oil supply disruptions have caused global prices to surge, but they
March 24, 2022 Read Full Article
From Ethanol Producers with Love
by Iris Gonzales (The Philippine Star) Everyone is now talking about rising oil prices, renewable energy, and the need to have our own sources of fuel. I almost forgot about ethanol. Thanks to the indefatigable Gerardo “Gerry” Tee, COO of Lucio Tan-owned
March 22, 2022 Read Full Article
Biofuel an Alternate Energy Option in Some Cases, Not All
by Marek Sutherland (CTV News London) As the gas prices continue to creep towards the $2/litre mark in our region, the talk of becoming less oil-dependent grows. One of those alternative renewable sources is Biofuel. ... “You as the homeowner can opt in to
March 13, 2022 Read Full Article
Opinion: How the U.S. Could Show It’s Finally Serious about the Geopolitics of Energy
by Charles Lane (Washington Post) ... Ramping up oil and gas production is part of the solution, as Republicans argue. So is increased use of renewables, as Democrats argue — .... ... A substantial increase in the federal gas tax would put
March 09, 2022 Read Full Article
Biden Administration Studying whether Biofuel Waiver Could Ease Food Inflation -Sources
by Jarrett Renshaw (Reuters) U.S. President Joe Biden's administration is studying whether waiving biofuel blending mandates could help offset a surge in prices for key food ingredients like corn and soy oil following Russia's invasion of Ukraine, two sources familiar
March 04, 2022 Read Full Article
Ethanol Versus Oil in Global Crisis: Biofuels Backers, POET Executive Point to Advantages Ethanol Offers in Conflict, Climate
by Chris Clayton (DTN Progressive Farmer) With oil reaching its highest price in nearly 11 years and OPEC nations opting not to increase production, the biofuels industry is clamoring for attention in the U.S. and calling on the Biden administration to
March 03, 2022 Read Full Article
U.S. Farm & Biofuel Leaders Call for Swift Action to Unleash Lower-Cost Biofuels
(Renewable Fuels Association) America’s top biofuel and farm advocates called on President Biden to swiftly expand access to plentiful, lower-cost biofuels as Russia’s invasion of Ukraine pushes fuel prices closer to record levels. The Environmental Protection Agency (EPA) is soon expected to finalize biofuel
March 03, 2022 Read Full Article
Our Response to the State of the Union Address: Ethanol Checks All the Boxes
by Geoff Cooper (Renewable Fuels Association) In his first State of the Union Address, President Joe Biden spoke about many of the challenges facing our nation and world today, from the Ukraine invasion to domestic inflation, from climate change to the COVID pandemic.
March 03, 2022 Read Full Article
Clear Evidence of How Higher Ethanol Blends Lower Gasoline Prices
by Joanne Ivancic (Advanced Biofuels USA) Pictures worth 1000 words show the prices on March 1 at a Sheetz in Virginia. Compare the E10 Regular to E15 Unleaded 88 and E85 FlexFuel. Compare those to the price of E0 --
March 02, 2022 Read Full Article
Biofuels Can Help Bring Down Soaring Gas Prices
(RFD TV) Corn growers say ethanol could keep gas prices low as oil prices soar. Ace Ethanol's President says the market was volatile the entire month of February, and it became even more uncertain on Russia's invasion. Fortunately, Russia is
March 02, 2022 Read Full Article
Think Gas Prices Are High Now? If Ethanol Didn’t Exist, You’d Pay Even More
by Andrew Wulfeck (FOX Weather) U.S. Department of Energy reports more than 98 percent of gasoline contains some ethanol -- ... Because of continuous fluctuating prices, studies have had difficulty capturing the exact monetary benefit of ethanol usage but have
February 28, 2022 Read Full Article
The Vital Missing Link in the U.S. Sanctions against Russia
by Suriya Jayanti (Time Magazine) ... If this is what we have to work with, let us at least make it truly hurt by including embargoes of Russian energy, too. ... Oil prices have insulated Russia from sanctions hits, at least
February 27, 2022 Read Full Article
RFA’s Cooper: Ethanol Has Historic Opportunity to Cut Carbon, Lower Fuel Prices
(Renewable Fuels Association) In his annual State of the Industry Address, Renewable Fuels Association President and CEO Geoff Cooper said that, while the U.S. ethanol industry has a long history of capitalizing on unique opportunities, the global quest to achieve net-zero carbon
February 23, 2022 Read Full Article
Irwin: 2021 Devastating for Biodiesel Biodiesel Industry Bleeds Red in 2021 While Renewable Diesel Production Explodes
by Todd Neeley (DTN Progressive Farmer) Biodiesel producers using soybean oil as a feedstock had what one agriculture economist called a "devastating year" in 2021, as the unprecedented high cost of soybean oil far outweighed all-time-high biodiesel prices of $6.42 a
February 18, 2022 Read Full Article
Ethanol: Saving Drivers Money at the Pump
by Scott Richman (Renewable Fuels Association) Gasoline prices are high—up 50% in 2021 and rising further this year, with California prices reaching record levels—but what’s worse is that they might go even higher, given the distinct possibility of a Russian invasion of Ukraine and
February 18, 2022 Read Full Article
Challenges & Potential of Indonesia's Biodiesel & Bioethanol Programs
(Indonesia Investments) Biodiesel, which is a form of diesel fuel that is derived from plants or animals (in the case of Indonesia it mainly uses fatty acid methyl ether, FAME, which is derived from palm oil), has been on the
February 04, 2022 Read Full Article
French Motorists Guzzle More Ethanol as Gasoline Prices Surge
by Sybille de La Hamaide (Reuters) Consumption of high-ethanol E85 rose 33% in France in 2021 and is expected to continue growing this year as a surge in gasoline prices makes the fuel, mostly made from sugar and grains, more attractive
January 25, 2022 Read Full Article
Traders Bet That Oil at $100 Is a Question of When, Not If
by Andrew Janes and Serene Cheong (Bloomberg/Yahoo!) ... Global benchmark Brent crude has jumped 25% to around $88 a barrel since the end of November. Some in the market now think it’s now a question of when -- not if --
January 19, 2022 Read Full Article
ACE, Industry Groups Encourge CARB to Recognize Climate-Smart Farming Practices in Low Carbon Fuel Standard
(American Coalition for Ethanol) In a cosigned letter, the American Coalition for Ethanol (ACE), along with the Great Plains Institute, Low Carbon Fuels Coalition, the National Biodiesel Board, and Canadian Oilseed Processors Association, recommended the California Air Resources Board (CARB) recognize the
January 16, 2022 Read Full Article
Drivers, Get Ready for $4 Gas
by Tom Kloza (CNN Business Perspectives/Oil Price Information Service) ... And if Omicron doesn't result in another round of widespread lockdowns or crackdowns on social gatherings, we can expect to see record-high gas prices nearing $4 a gallon in dozens
January 13, 2022 Read Full Article
The Hottest Biofuels Companies of 20 Years Ago Are Now Doing Something Completely Different
by Annie Hammang (Slate) ... Amyris also isn’t alone in this shift; Solazyme, Lanzatech, Neste, LiveFuels, LS9, and Pacific Biodiesel are all biofuel companies that also got their start in the early aughts and have since expanded their business into cosmetics, fragrances, and household cleaners. From
January 12, 2022 Read Full Article
Explainer-What Is at Stake for the U.S. Biofuel Blending Law in 2022 and Beyond
by Stephanie Kelly (Reuters/Investing.com) The U.S. biofuel blending program known as the Renewable Fuel Standard (RFS) could see its most transformative year yet in 2022, as the Biden Administration must make decisions to reset statutes that mandate U.S. renewable fuel
January 11, 2022 Read Full Article
Biden Administration, Oil Industry Come to a Detente
by Matthew Choi (Politico's Morning Energy) OIL LANG SYNE: The oil industry has seen quite a change in tone from the Biden administration since the beginning of 2021. What started off in January with President Joe Biden signing the executive
December 22, 2021 Read Full Article
South Dakota Senator Expresses Disappointment over Biofuel Blending Obligations
(RFD TV) Speculation is growing about what’s going on behind the scenes at the EPA as they continue to extend their own deadline for biofuel blending mandates. “I think part of it is because they are focusing on electric vehicles,
November 23, 2021 Read Full Article
Ever Thought about Biofuels to Diversify Your Portfolio?
(MENAFN) ... Key reasons to invest in these alternative energy sources: Given the recent surge of oil and gas prices, biofuels have become somehow more attractive, and consequently one could witness a slight shift in demand from fossil to non-fossil fuels. This
November 22, 2021 Read Full Article
U.S. again Presses OPEC+ as It Weighs Reserve Release
by Timothy Gardner and Alexandra Alper (Reuters) ... The White House on Friday pressed the OPEC producer group again to maintain adequate global supply, days after U.S. discussions with some of the world's biggest economies over potentially releasing oil from strategic
November 22, 2021 Read Full Article
Pain at the Pump Drives Biden’s Suffering in the Polls
by Ben Lefebre (Politico) “Feeling pain at the pump? Biden doesn’t care,” Republican National Committee Chair Ronna McDaniel posted on Twitter last week. ... And some of those discussions would likely backfire on Democrats, especially any effort to reduce ethanol blending levels in
November 17, 2021 Read Full Article
To What Extent Can Sustainable Aviation Fuels (SAF) Mitigate the Environmental Impact of Flying?
by Mike McCurdy and Angus Reid-Kay (ICF) ... Since SAF is operationally identical and certified as “Jet-A1” fuel, no changes are required in aircraft or engine fuel systems, distribution infrastructure, or storage facilities. That allows SAF use as an interim—and
November 11, 2021 Read Full Article
NOPEC: OPEC+ Is Sticking to Its Output Plans
by Matthew Choi (Politico's Morning Energy) NOPEC: OPEC+ is sticking to its output plans from this summer to increase production by 400,000 barrels per day each month, shrugging off Biden’s request for the cartel to increase output to alleviate growing
November 05, 2021 Read Full Article
Stakeholder Participation in the Formulation of Brazilian Biofuel Policy (RenovaBio)
by Lira Luz Benites Lazaro and Lais Forti Thomaz (Ambiente & Sociedade/SciELO Brazil) ... In this article, we examine the establishment of the Brazilian biofuels policy (RenovaBio). We identify whether there was participation of stakeholders, and efforts of interest groups
November 04, 2021 Read Full Article
Climate Pledges Don't Stop Countries from Exporting Huge Amounts of Fossil Fuels
by Jeff Brady (NPR) ... After the oil supply crisis in the 1970s, the U.S. banned crude oil exports for 40 years. A fracking-fueled boom ended production worries and the ban was lifted six years ago in a budget bill. The timing was ironic. "The
November 02, 2021 Read Full Article
Opinion: Ahead of UN Climate Conference, Here’s Why Biden Must Embrace Biofuels
by By Rep. Randy Feenstra (Agri-Pulse) ... As gasoline prices skyrocket and President Biden and congressional Democrats are increasingly compelled to reduce carbon emissions, the facts paint a clear picture: Now is the time for Biden to embrace biofuels. Iowa leads the
October 30, 2021 Read Full Article
Attempt to Reduce Access to Biofuels Is Shortsighted
(Growth Energy/Ethanol Producer Magazine) Amid a global energy crisis and rising fuel prices at pumps across the country, members of the U.S. House of Representatives introduced legislation to repeal the Renewable Fuel Standard (RFS). Emily Skor released the following statement slamming
October 27, 2021 Read Full Article
Pell-Mell at NREL : Two Bio Breakthroughs at the National Renewable Energy Laboratory
by Jim Lane (Biofuels Digest) ... So, here’s what our intrepid team led by Jeffrey Blackburn and Wei Xiong did. Knowing that plants have two systems inside them for photosynthesis, and that the second doesn’t play well with others, the genetically engineered cyanobacteria to shut
October 26, 2021 Read Full Article
What Is E85 Gas and Should You Use It?
by Andy Jensen (Advanced Auto Parts) ... E85 is widely available, an affordable alternative for many popular vehicles. Here's why you should take another look at ethanol. ... E85 is a gasoline and ethanol blend, much like your regular gas. If you
October 22, 2021 Read Full Article
Soaring Petrol Prices Make French Drivers Rush to Ethanol
by Sybille de La Hamaide (Reuters) Ethanol sales will hit record highs in France this year and next, supported by strong demand for high-ethanol fuel E85 as car owners seek cheaper alternatives to gasoline, producers said on Thursday. Fuel prices have soared
October 22, 2021 Read Full Article
Exxon Debates Abandoning Some of Its Biggest Oil and Gas Projects
by Christopher M. Matthews and Emily Glazer (Wall Street Journal) ... Exxon Mobil Corp.’s XOM -1.82% remade board of directors is debating whether to continue with several major oil and gas projects as the company reconsiders its investment strategy in a fast-changing energy landscape, according
October 21, 2021 Read Full Article
Need to Boost Biofuel Production to Reduce Dependence on Import of Crude Oil and Fuel Gases: Nitin Gadkari
(Economic Times) Union minister Nitin Gadkari on Sunday stressed the need to enhance the production of biofuel in the country by using the stubble of certain crops to reduce the dependence on the import of crude oil and fuel gases
October 11, 2021 Read Full Article
Govt Assures Ethanol Blending Plan Will Not Affect India's Food Security
(MSN/BusinessToday.IN) The Ministry of Petroleum & Natural Gas said on Thursday that India's ambitious Ethanol blending plan will not affect the country's food security as meeting food grain demand is the top focus of the government. Noting that certain reports
October 08, 2021 Read Full Article
An Ambitious Ethanol Plan Spurs Food Security Fears in India
by Bibhudatta Pradhan and Pratik Parija (Bloomberg) Modi advances target for use of 20% ethanol-blended gasoline; Biofuel makers buying rice meant for poor at subsidized prices -- India’s ambitious plan to cut the use of fossil fuels by promoting ethanol derived
October 06, 2021 Read Full Article
Brazil’s Bolsonaro Threatens to Reduce Ethanol Blend
(Argus Media) President Jair Bolsonaro blamed Brazil's anhydrous ethanol blend for high gasoline prices, hinting that he could push to reduce the blend, in yet another potential blow to the biofuels industry. In his weekly broadcast on social media, Bolsonaro said that
September 27, 2021 Read Full Article
Clean Skies for Tomorrow Leaders: 10% Sustainable Aviation Fuel by 2030
(World Economic Forum) 60 companies are accelerating the supply and use of sustainable aviation fuel to reach 10% of global jet aviation fuel supply by 2030; Carbon-free energy is in sight in some sectors but progress on abating carbon emissions
September 23, 2021 Read Full Article
Choosing America’s Farm Fields Over OPEC Oil Fields
by Geoff Cooper (Renewable Fuels Association/Ethanol Producer Magazine) The key to cleaner and more affordable energy for American consumers lies not in the oil fields of Saudi Arabia and Russia, but in the farm fields of our nation's heartland. Our
September 21, 2021 Read Full Article
RFA Analysis: Retail Gas Prices Not Affected by Renewable Fuel Standard Credits
(Renewable Fuels Association) The Renewable Fuel Standard’s compliance credit market mechanism does not have any impact on retail gasoline prices, according to a new analysis released today by the Renewable Fuels Association. The analysis finds that while RFS compliance credits—known as RINs, or
September 13, 2021 Read Full Article
Opinion: Biden Can Have Cheap Gas or Fight Climate Change — Not Both
(Washington Post) President Biden and the Democratic Congress have ambitions to fight climate change and legislative plans to match. So far, however, those plans consist almost entirely of clean-energy mandates and subsidies. Mr. Biden, and even progressives in Congress, have
August 16, 2021 Read Full Article
RFA to the President: Choose U.S. Farm Fields Over OPEC+ Oil Fields
(Renewable Fuels Association) In response to this week’s announcement by the White House calling on OPEC+ member countries to increase oil output, the Renewable Fuels Association today sent a letter to President Biden supporting the Administration’s call for an investigation into the true
August 13, 2021 Read Full Article
Biden Calls on OPEC to Increase Production
(Washington Post) President Biden on Aug. 11 outlined steps that his administration is taking to combat rising gas prices in the United States. WATCH VIDEO Biden’s OPEC Plea Is Really Directed at Anxious Drivers (Washington Post/Bloomberg) Why the OPEC+ Crisis Has Sparked
August 12, 2021 Read Full Article
Biden Team Spoke to Saudis, UAE About OPEC Talks, Oil Prices
by Jordan Fabian and Josh Wingrove (Bloomberg) Crude have soared as the two countries argue over production; Psaki says White House ‘encouraged’ by ongoing OPEC talks -- Biden administration officials are “encouraged” by ongoing OPEC talks and have spoken with officials
July 07, 2021 Read Full Article
Oil Producers to Make Record Profits This Year, Report Says
by Kevin Crowley (Bloomberg News) The world’s publicly traded independent oil producers will make record profits this year, surpassing the levels reached when crude hit an all-time high near US$150 a barrel more than a decade ago, according to Rystad Energy. Combined
June 24, 2021 Read Full Article
United States, Brazil Expected to Constrain Ethanol Output in Coming Months
(GrainNet/Reuters) The United States and Brazil, the world’s top two ethanol producers, are expected to hold down production in coming months because of the surging cost of corn and sugar. Tight corn and sugar supplies are passing through to ethanol costs, making
June 22, 2021 Read Full Article
EXCLUSIVE Farm Belt Lawmakers Push for Biofuel Investment and Tax Credits in New Bills
by Jarrett Renshaw (Reuters/AgWeb) Billions of dollars in federal investments and tax credits to boost demand for U.S. biofuels will be part of two bills that Democratic lawmakers will introduce to the U.S. Congress, two sources familiar with the plans said. Congress
June 22, 2021 Read Full Article
Wells Fargo Crashes and Burns with New RINs Analysis
by Geoff Cooper (Renewable Fuels Association) Earlier this week, equity analysts at Wells Fargo released a note to investors on the subject of the Renewable Fuel Standard and its compliance credit (RIN) market mechanism. We wouldn’t typically respond to an investment bank
June 18, 2021 Read Full Article
Options Traders Bet on Return of $100 Oil
by Joe Wallace (Wall Street Journal) Investors have scooped up call options tied to crude prices hitting milestone for first time since gush of U.S. oil in 2014 -- Traders have alighted on what some believe to be a one-way bet
June 08, 2021 Read Full Article
In Praise of the Federal Ethanol Regulations
by Geoff Cooper (Renewable Fuels Association/Wall Street Journal) The Renewable Fuel Standard deserves credit for reducing pump prices and saving Americans billions each year. -- Regarding your editorial “The Ethanol Gasoline Tax” (May 15): The 16-year-old law requiring oil refiners to blend renewable
May 20, 2021 Read Full Article
Insight: Policy Delays Slow Biofuels Market Growth
by Tom Brown (Independent Commodity Intelligence Services) Shifting government priorities are continuing to weigh on the growth of biofuels, with the policy-driven sector buffeted by delays in new legislation and low fossil fuel costs. The public commitments by most governments to
May 14, 2021 Read Full Article
How Biofuels Giant Neste Transforms America’s French Fry Grease into Clean Diesel
by Christopher Helman (Forbes) ... “Nobody wants to send that material down the drain,” says Rick Sabol, president of the Mahoney division. And not just because fat globules can clog up sewer systems — but because that grease is valuable —
April 23, 2021 Read Full Article
Contribution of Sustainable Biomass and Bioenergy in Industry Transitions towards a Circular Economy
(IEA Bioenergy) Summary and conclusions from the IEA Bioenergy eWorkshop, 19-20 October 2020 -- Key messages from the workshop • Biomass is a key component to reduce the climate impact of industries, next to electrification, hydrogen & CCUS (carbon capture and
April 06, 2021 Read Full Article
Earth Day Series Day 5: Why Aren’t We There Yet?
by Joanne Ivancic* (Advanced Biofuels USA) Didn’t U.S. President George W. Bush say that we should get off our addiction to oil? Haven’t all the presidents since Richard Nixon promised that we would transition away from fossil fuels? You can hear
April 05, 2021 Read Full Article
Biofuel Leaders Highlight Policy, Feedstock Innovation in Industry's Future
by Stephanie Kelly (Reuters) Industry leaders talked up the future of biofuels in the energy transition at IHS Markit’s virtual CERAWeek conference on Monday, noting that policy incentives and feedstock innovation will be crucial going forward. The transition to an electric vehicle
March 02, 2021 Read Full Article
Oil Companies’ Fall from Favor Could Cause Next Price Spike
by James Herron, Grant Smith and Laura Hurst (Bloomberg/LMT Online) There’s plenty of historical precedent for an investment drought, such as that which is occurring among oil majors, leading to a surge in crude prices a few years later. --
February 02, 2021 Read Full Article
Viewpoint: Pandemic Drives Asia-Pacific Ethanol Markets
by Lauren Moffitt (Argus Media) Weaker crude oil prices have eroded the competitiveness of biofuels as a transport fuel in a global economy battered by Covid-19, leaving any expansion of ethanol-gasoline blending in Asia-Pacific tightly tied to domestic feedstock availability in
December 31, 2020 Read Full Article
Indonesia Looks at Policy Revamp to Keep Biodiesel Program Alive
by Bernadette Christina and Fathin Ungku (Reuters) Policy adjustments required to sustain biodiesel subsidies; Biodiesel program may see $865 mln deficit in 2021-economist; Price gap between crude palm oil and diesel widened in 2020 ... The world’s biggest producer of palm
December 03, 2020 Read Full Article
Refineries Are Fighting over Used Cooking Oil and Animal Fat
by Haley Zaremba (OilPrice.com) ... In the absence of gasoline demand, refineries have been casting around for alternate solutions to keep their plants up and running, and it looks like they may have found the answer: biofuels. Early on in
November 30, 2020 Read Full Article
Battered by Virus and Oil Slump, Biofuels Fall Out of Favour
by Benoît Pelegrin (Agence France-Presse/Barrons) Hit by the coronavirus pandemic and a sharp drop in oil prices, biofuel demand has declined for the first time in two decades and may struggle to recover, according to experts. "The collapse of oil prices has
November 27, 2020 Read Full Article
The US Oil Industry Is Flailing Despite a $10 Billion Pandemic Lifeline
by Michael J. Coren (Quartz) The US oil and gas industry has received more than $10 billion from the federal government to cushion losses during the pandemic, according to a recent report analyzing federal financial data. That has offered a temporary reprieve even
November 24, 2020 Read Full Article
New Membrane Could Pave Way for Cheap, Efficiently Made Biofuels
by Sara West (Imperial College London) Scientists have developed a cost-effective method of biofuel extraction which could make them viable alternatives to fossil fuels in transport. Biofuels, which are made from renewable organic matter, hold great potential as green alternatives to fossil
November 20, 2020 Read Full Article
Call for Action as Pandemic ‘Sets Back’ Biofuel Industry Growth
(Biofuels International) The Biofuture Platform is leading calls for urgent collaboration from policymakers following a 12% drop in biofuel output this year announced in the International Energy Agency. The multi-stakeholder initiative designed to take action on climate change by promoting
November 17, 2020 Read Full Article
Indonesia May Cut Biodiesel Use Target as Subsidy Fund Depletes
(Fitch Ratings) The Indonesian government may rein in its push to increase use of biodiesel as it now comes at higher cost following a fall in crude oil prices and sustained strength in crude palm oil (CPO) prices, Fitch Ratings
November 13, 2020 Read Full Article
Sweden Targets World’s Highest Biofuel Blending
Tomas Ekbom and Cecilia Higa (Swedish Bioenergy Association/IEA Bioenergy Task 39 Newsletter) ... In the beginning there was ethanol In 1907, there were only 662 vehicles registered in Sweden. The fuel, “Benzin” (the word initially taken from the German language,
October 26, 2020 Read Full Article
Local Oil, Biofuel Companies File for Bankruptcy
by Jessica Corso (San Antonio Business Journal) Two San Antonio area companies in the biofuels and oil industries have filed for bankruptcy over the past week. On Oct. 13, Castroville-based Finger Oil & Gas Inc. submitted its bankruptcy petition in a San
October 22, 2020 Read Full Article
Global Fuel Standards Are Pushing the Dirtiest Oil out of the Market
by Michael J. Coren (Quartz) Not all oil is equal. We think of petroleum as equivalent whether it comes from the ground in Saudi Arabia or Texas. But that’s not quite right. There are hundreds of grades of fuels out there,
October 13, 2020 Read Full Article
Biden Would Be Good for Oil Sector, Goldman Sachs Says
by James Osborne (Houston Chronicle) With his $2 trillion plan to cut greenhouse gas emissions, Joe Biden might seem a far from ideal president for the Texas oil and gas industry. But new analysis by Goldman Sachs says that compared with a
October 13, 2020 Read Full Article
Ethanol's Recovery Readout
by Lisa Gibson (Ethanol Producer Magazine) A survey of ethanol plant CEOs and general managers shows the COVID-19 downturn had a significant impact on their operations. Most producers have substantially ramped up production since spring, but a full recovery is
October 07, 2020 Read Full Article
The Pandemic Could End Texas’s Oil Boom—and Start Something Better: Profits from the Permian Basin Are Falling and Renewable Energy Is Surging. Here’s What That Means for the Lonestar State’s Future.
by Justin Miller (Texas Observer/Popular Science) ... Thousands flocked to the region to get a piece of the boom. “You could be someone with no college degree, no high school diploma … and get out here and make $50,000
October 06, 2020 Read Full Article
ExxonMobil Focused on Core Oil and Gas as Renewable Returns Too Weak: Official
(Energy Market Price/S&P Global) ExxonMobil remains focused on growing its core oil and gas business as alternative renewable energies are mostly unable to offer attractive rates of return compared to hydrocarbons, a top official at the US oil giant said
October 02, 2020 Read Full Article
Big Oil’s $100 Billion Bender: How the U.S. Government Provided a Safety Net for the Flagging Fossil Fuel Industry
(Bailout Watch) The U.S. government’s efforts to stabilize the financial system at the start of the global pandemic last spring have propped up the fossil fuel industry, which entered the year with heavy debt loads and was slammed by the
October 02, 2020 Read Full Article
Interview: China to Keep Ethanol Program Steady, National Blend Rate Seen at 4%: US Grains Council
by Rohan Somwanshi, Shikha Singh and Mugunthan Kesavan (S&P Global Platts) US corn sales to China shows insufficient domestic supply; US ethanol output blip will not impact DDGS exports to Southeast Asia; Vietnam, Indonesia, Thailand to stay top buyers of US DDGS China is
September 30, 2020 Read Full Article
House Ag Committee Chair Says Ethanol Is Priority
by Cindy Zimmerman (Energy.AgWired.com) House Agriculture Committee Chairman Collin Peterson puts ethanol second only to the hog industry in priority to get some kind of assistance to mitigate losses this year due to coronavirus restrictions. “Because of the price of oil collapsing
September 23, 2020 Read Full Article
2019 May Have Been Peak Year for Oil Demand, BP Trying to Pivot
(Our Daily Planet) Yesterday, the world’s leading oil producers, the Organization of Petroleum Exporting Countries (OPEC), projected a larger decrease in oil demand than was predicted earlier in the pandemic, The Hill reported. OPEC also predicts an increase in demand next year, but that
September 15, 2020 Read Full Article
Oil Traders Snap Up Tankers in Sign Second-Wave Glut Is Near
by Sheela Tobben and Javier Blas (Bloomberg) ... Some of the world’s biggest oil traders are getting ready for the possible resurgence of a coronavirus-induced glut of crude and fuels, snapping up giant tankers for months-long charters so that they can
September 11, 2020 Read Full Article
From Americas to EU, Asia, Africa, Who’s Got What?: The Digest’s 2020 Multi-Slide Guide to Biofuel Mandates Around the World 2020
by Jim Lane (Biofuels Digest) Today, biobased mandates around the world. Where are the markets you can count on, how much can you count on? 65 countries in all, We’ll be focusing especially on new information out of Argentina, Brazil,
September 07, 2020 Read Full Article
Can Iowa Farmers Survive without Ethanol? Can Trump Survive without Iowa Farmers?
by Donnelle Eller (Des Moines Register/Ames Tribune) ... "I've sat in front of the president, and he does look you in the eye, and he does listen to you," (Bill) Couser said, adding, "It just makes you wonder what happens after
August 28, 2020 Read Full Article
Bank of America Says Oil Prices Are Set to Recover: Analysts Predict $60 a Barrel by the First Half of 2021
(National Association of Convenience Stores) After plummeting this spring during the pandemic, oil prices are set to recover by the first half of next year, according to a recent Bank of America report. The impact of the market collapse on the nation’s
August 20, 2020 Read Full Article
Indonesia Mulls Palm Oil Levies Increase to Support Biodiesel Plans
(Today/Reuters) Indonesia may further increase palm oil export levies in future to support its ambitious biodiesel programme as the price of crude oil is expected to remain weak next year, a senior Finance Ministry official said on Wednesday. Indonesia collects levies from
August 20, 2020 Read Full Article
Celebrating National Aviation Day … and Commenting on How Sustainable Aviation Fuel (SAF) Is Tied to Future Sustainability, and Success, of the Enterprise
by Steve Csonka (Commercial Aviation Alternative Fuel Initiative) Today is National Aviation Day in the U.S., a recognition instituted by FDR in 1939, honoring the birthday of Orville Wright, but also creating awareness of, and celebrating the progress and vision
August 19, 2020 Read Full Article
Committee to Review Wyo. Carbon Capture, Utilization
by Jeremy Dillon (County 17/E&E News) The Senate Environment and Public Works Committee will head to Wyoming this week for a field hearing to analyze the state’s efforts on carbon capture and sequestration.The hearing is likely to provide another opportunity for
August 19, 2020 Read Full Article
Inside GranBio, NextChem’s New Partnership to “Blow Out” Cellulosic Ethanol Global Roll-Out
by Jim Lane (Biofuels Digest) News arrives from Sao Paulo and Rome that GranBio and NextChem have inked a strategic alliance and will co-license GranBio’s patented technology for the production of second-generation ethanol. NextChem is a subsidiary of Italian engineering giant
August 03, 2020 Read Full Article
Exxon, Chevron Earnings Gutted by Virus-Driven Demand Slump
by Kevin Crowley (Bloomberg/Yahoo! Finance) Exxon Mobil Corp. and Chevron Corp. posted the worst losses in a generation after the pandemic and a global crude glut combined to batter almost every part of their businesses. Exxon’s $1.1 billion second-quarter loss was the
July 31, 2020 Read Full Article
UPDATE 1-Indonesia B40 Biodiesel Plan Back on Track as Crude Oil Prices Pick up
Bernadette Christina, and Fathin Ungku (Reuters) Indonesia’s plans to raise the bio-content of its palm oil-based biodiesel to 40% - known as B40 - is back on schedule with a target for implementation by July 2021, Coordinating Minister for Economic Affairs
July 31, 2020 Read Full Article
The Corn And Energy Price Link Could Tighten As U.S. Election Looms
by Andy Hecht (Investing.com) ... The biofuel may see lots of volatility in the run-up to the 2020 US election -- The US election in early November will determine the path of energy policy in the world’s leading oil and gas
July 21, 2020 Read Full Article
RFA Analysis: Ethanol Industry’s COVID-Related Economic Losses Already Top $3.4 Billion, Could Reach Nearly $9 Billion by 2021
(Renewable Fuels Association) The COVID-19 crisis has already led to more than $3.4 billion in lost revenues for the U.S. ethanol industry, according to an economic analysis released today by the Renewable Fuels Association. Based on the latest projections from the
July 17, 2020 Read Full Article
Policy and Investment Failures Doomed the Biofuel Revolution
by Todd Woody (Bloomberg Green) To reignite the industry, biofuels need the type of government incentives that allowed solar and wind companies to flourish, analysts say. -- ... Technology from Honeywell’s subsidiary UOP had refined the camelina into renewable jet fuel,
July 09, 2020 Read Full Article
Oil Went Below $0. Some Think It Will Rebound to $150 One Day.
by Joe Wallace (Wall Street Journal) Debate rages about the long-term value of crude in the wake of its collapse and quick recovery -- The coronavirus pandemic has stalled factories and shut down business around the world, causing a historic