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
oil production
Back TO HOMEWhen 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 UAE Holds a Major Oil and Gas Conference Just ahead of Hosting UN Climate Talks in Dubai
by Jon Gambrell (Associated Press) The Emirati president-designate of the upcoming United Nations COP28 climate talks urged oil and gas companies Monday to be “central to the solution” to fighting climate change, a message delivered even as the industry boosts its
October 02, 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
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
Ukraine: Can America Solve the Crisis with a Flood of Exported Oil?
by Jim Lane (Biofuels Digest) A Digest editorial “U.S. exports limit price increases and help check disruptive behavior by the likes of Russia and Iran,” says the headline in the Wall Street Journal this evening, from a new column by Dan Yergin. “The shock absorber
February 15, 2022 Read Full Article
In Historic Vote, Los Angeles Will Phase out Oil Drilling
by Adam Mahoney (Grist) Once a magnet for urban oil drilling, the city now moves to curb its dependence on fossil fuel production. -- On Wednesday, the Los Angeles City Council approved a sweeping measure that will ban new oil and gas
January 31, 2022 Read Full Article
Shell’s Massive Carbon Capture Plant Is Emitting More Than It’s Capturing
by Anya Zoledziowski (Vice World News) A new Global Witness report found that it has the same carbon footprint per year as 1.2 million gas-powered cars. -- A first-of-its-kind “green” Shell facility in Alberta is emitting more greenhouse gases than it’s
January 21, 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
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
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
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
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
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
California’s Dirty Little Secret: Oil Wells in the Backyard
by Alexandria Herr (Capital & Main) Even Texas and Wyoming do a better job protecting communities from oil and gas drilling. -- As a child, Ashley Hernandez remembers pretending that the oil pumpjacks that loomed over her neighborhood were dinosaurs. Other children
October 14, 2021 Read Full Article
California Spill Triggers New Calls against Drilling
by Matthew Choi (Politico's Morning Energy) ... The California oil spill is drawing scrutiny in Washington, with the White House closely monitoring the situation and Democratic lawmakers pushing to curtail offshore drilling. ... OC OIL SPILL SPURS CALLS FOR ENDING OFFSHORE DRILLING: Local,
October 05, 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
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
Big Oil (Probably) Isn't Going Away Anytime Soon. But It's Definitely Changing
by Camila Domonoske (NPR) ... European companies – such as French multinational Total and British-based BP – are staking big bets on a pivot from oil to renewable power. Meanwhile, American giants are staking smaller sums of money on more nascent
June 09, 2021 Read Full Article
Roughly USD 912m Earmarked for Clean Energy in California Budget Revision
(Renewables Now) California governor Gavin Newsom has presented a revision plan for the state’s 2021-2022 budget that earmarks USD 912 million (EUR 749.6m) for energy investments, including offshore wind, storage and green hydrogen. ... Investments in the energy sector will seek to
May 18, 2021 Read Full Article
Earth Day 2021 Series Day 10: Can Biofuels Become Cost Effective? Some Already Are!
by Joanne Ivancic* (Advanced Biofuels USA) Looking to save money on gas AND decrease your carbon footprint? If your vehicle was built after 2000, have you tried E15? That’s 15% renewable fuel, half as much more than the usual E10
April 10, 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
Shell Says Its Oil Production Has Peaked and Will Fall Every Year
by Hanna Ziady (CNN Business)Royal Dutch Shell (RDSA) said its oil production and carbon emissions have peaked as it detailed plans to gradually wean itself off fossil fuels. Climate activists said it hadn't gone far enough. The Anglo-Dutch company said in a statement on Thursday that it
February 12, 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
QUOTE OF THE WEEK --- Jacques Leslie
"Los Angeles is a natural focus for treaty organizers because of its unusually high concentration of oil infrastructure in an urban setting: The city is home to more than 800 active wells in 26 oil and gas fields." --Jacques Leslie
January 05, 2021 Read Full Article
Op-Ed: Treat Fossil Fuels Like Nukes. Endorse a New Nonproliferation Treaty
by Jacques Leslie (Los Angeles Times) The Los Angeles City Council is poised to endorse a call for a global Fossil Fuel Non-Proliferation Treaty. ... Signatory governments would agree to stop further expansion of the fossil fuel industry within their
January 05, 2021 Read Full Article
Denmark Becomes First Major Oil-Producing Nation to Set Deadline to End Extraction
by Florian Elabdi, Rick Noack and Steven Mufson (Washington Post) Denmark on Friday became the first major oil-producing nation to announce an end to state-approved exploration in the North Sea, with the aim of phasing out all extraction by 2050. The
December 07, 2020 Read Full Article
Pandemic Slashes Biofuels Usage across the Board in the UK
(Biofuels International) Transportation biofuels’ usage in the UK fell steeply during the second half of this year mainly due to the COVID-19 global pandemic and its repercussions. The pandemic resulted in global lockdown measures, disrupted economic growth, led to serious job
October 29, 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
The End Of Oil? Battle Lines Drawn As Industry Grapples With Energy's Future
by Camila Domonoske (National Public Radio) Oil is facing an existential crisis. There has never been so much uncertainty about the future of a commodity that keeps the global economic engine running. And it's not just environmental activists calling for the end of
October 16, 2020 Read Full Article
Community Voices at the Center of Environmental Justice Now Tour
by Joseph Glandorf (Environmental and Energy Study Institute) In a project called the “Environmental Justice Now Tour,” Democrats on the House Natural Resources Committee are holding a series of discussions with community leaders and activists on environmental justice. The tour is
October 14, 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
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
Fact-Checking President Trump’s Ethanol and Oil Production Claims
by Robert Rapier (Forbes) This week at a campaign rally in Jacksonville, Florida, President Trump made a puzzling claim. Near the end of a story about Kamala Harris, Trump said “The great state of Iowa — where I made ethanol possible for them...” I
September 28, 2020 Read Full Article
California to Ban Sales of Gas Cars by 2035
(Our Daily Planet) Yesterday, California Governor Gavin Newsom announced that the state will phase out sales of all gasoline-powered vehicles by 2035. As Governor Newsom said in a separate event with Democratic governors yesterday, people have climate “goal fatigue” and are ready
September 24, 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
California Issues 190% More New Oil and Gas Drilling Permits
(Our Daily Planet) While California Governor Gavin Newsom has called his state “a leader in the fight to transition away from fossil fuels,” watchdog groups have been calling out the fact that California is continuing to issue oil and gas extraction permits.
September 03, 2020 Read Full Article
Trump Moves to Open up Drilling in National Forests
by James Osborne (Houston Chronicle) ... Under draft rules to be published Tuesday, the U.S. Forest Service would be limited in its ability to conduct environmental reviews of drilling projects while oil and gas companies would not be required to
September 01, 2020 Read Full Article
Greenpeace Urges Denmark to End Fossil Fuel Production
(Energy Market Price/ReNews.Biz) Four activists have swum to the Dan Bravo oil rig for several days of peaceful protest -- reenpeace activists are peacefully occupying the Dan Bravo oil rig to demand a complete phase out of fossil fuel production
August 21, 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
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
Trump Tailors Exaggerations and False Claims to Election Battlegrounds
by Linda Qiu (New York Times) ... Likewise, Mr. Trump has sought to curry favor with corn farmers in Iowa and the Midwest by claiming to have “kept our promise on ethanol” and falsely charging Democrats with wanting to “wipe out,
July 27, 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
July 09, 2020 Read Full Article
Coronavirus Will Hasten ‘Peak Oil’ by Three Years, Says Research Firm
by Myles McCormick (Financial Times) Rystad Energy says its estimate of recoverable barrels of crude has dropped by 282bn -- An influential research firm has cut its estimate of potential oil production by an amount that exceeds the reserves of
June 22, 2020 Read Full Article
Biofuel and Oil Seek Federal Help to Deal with Sharp Decline In Production and Prices
(RFD TV) ... Both the oil and ethanol sectors are asking the federal government to step in as each one sees a sharp decline in prices and production. Oil groups say that the pandemic pushed the industry over the edge,
June 18, 2020 Read Full Article
Leader Says Ethanol Hurt by Covid-19, but the Industry Will Survive
by Larry Lee (Browfield Ag News) The Renewable Fuel Association’s President says ethanol production is slowly recovering from the effects of coronavirus. Geoff Cooper says, “It’s going to take more than COVID-19 to knock us out, but it’s certainly landed a
June 02, 2020 Read Full Article
Bioenergy: The Great Continuum
by Gerard J. Ostheimer and Douglas L. Faulkner (below50/“the Clean Tech Conservative”/Leatherstocking LLC/Biofuels Digest) ... (W)e would like to point out a number of anniversaries put biofuels and bio-based products into a deeper and provocative historical context: 85 years ago,
June 02, 2020 Read Full Article
The Ethanol Sector Needs Major E15 Growth To Thrive
by Tristan R. Brown (Seeking Alpha) Summary: -The share prices of U.S. ethanol producers have mostly retraced the major declines that they experienced in March and April as the COVID-19 pandemic set in. -Ethanol production margins moved to their highest levels
May 26, 2020 Read Full Article
Oil Exec: It Would Be a Mistake for the US Government to Bail Us out
by Dan K. Eberhart (CNN Business Perspectives) ... President Trump indicated that some sort of financial bailout for the US oil industry -- and the millions of jobs it supports -- could be in the works. ... "We will never let the
May 22, 2020 Read Full Article
‘Rona Cyclona’s Path, Macroeconomic Projects for Energy: The Digest’s 2020 Multi-Slide Guide to COVID-19 Impact for Energy Industry
by Jim Lane (Biofuels Digest) Alot has changed since February, but what exactly in terms of the energy sector and financial impacts from COVID-19? Dive into this detailed assessment by The Brattle Group on COVID-19’s path and macroeconomic projections and
May 20, 2020 Read Full Article
The Car Is Staging a Comeback, Spurring Oil’s Recovery
(Bloomberg/Yahoo! Finance) ... Gasoline demand is rebounding, suggesting that the car -- at least for now -- is making a comeback. As lockdowns ease and parts of the world reopen for business, driving has emerged as the socially distant transportation mode
May 11, 2020 Read Full Article
Big Oil Overreaches on COVID-19 Bailout
by Jim Talent (The Gazette) ... Oil companies have requested special access to a $600 billion lending facility at the Federal Reserve, and the administration seems keen to deliver. The president just announced that the Secretary of Energy and Secretary
May 07, 2020 Read Full Article
Fossil Fuel Firms Linked to Trump Get Millions in Coronavirus Small Business Aid
by Emily Holden (The Guardian) Revealed: Oil and mining firms – some with ties to Trump officials – taking advantage of funding, review shows -- US fossil fuel companies have taken at least $50m in taxpayer money they probably won’t have
May 04, 2020 Read Full Article
Energy Transition to Be Shaped by World Response to COVID-19
by Allison Good, Taylor Kuykendall and Dan Testa (S&P Global) ... The coronavirus pandemic may accelerate a shift from fossil fuel spending to investments in renewable energy, but the pace of that transition depends heavily on how governments direct economic recovery
May 04, 2020 Read Full Article
Trump Poised to Offer Bridge Loans to Ailing Oil Companies
by Saleha Mohsin, Ari Natter and Jennifer A. Dlouhy (Bloomberg/RigZone) The Trump administration may announce as soon as Thursday a plan to offer loans to the ailing oil industry possibly in exchange for a financial stake, according to two people familiar
April 30, 2020 Read Full Article
The Great Texas Oil Shutdown Has Begun
by James Osborne, Sergio Chapa and Erin Douglas (Houston Chronicle) ... The mass shutdown of Texas oil fields has begun after an unprecedented crash that last week drove crude prices into negative territory for the first time in history. From
April 27, 2020 Read Full Article
An Economic Rebound Will Need Ethanol
by Doug Durante (Clean Fuels Development Coalition/Biofuels Digest) ... I want build on the theme that now, when we’ve been knocked down and are on the mat is when we need support, but from an additional angle—to preserve some sense of energy
April 23, 2020 Read Full Article
Economist Expects "Battle Royal" over RFS in Washington
by Larry Lee (Brownfield Ag News) An ag economist expects Washington lawmakers will be revisiting the Renewable Fuel Standard. Scott Irwin with the University of Illinois says, “I think we’re going to see the mother of all political battles over the RFS
April 22, 2020 Read Full Article
As Price of Oil Drops, Trump Orders Plan to Help U.S. Energy Companies: Energy Secretary Says Funds from Fed’s Main Street Loan Program Might Be Needed to Help Oil Companies
by Will Englund (Washington Post) President Trump said Tuesday he has ordered his administration to come up with a plan to provide federal assistance to the oil and gas industry in the United States, which has been staggered by the
April 22, 2020 Read Full Article
Coronavirus Stimulus Money Will Be Wasted on Fossil Fuels
by David Roberts (Vox) Oil and gas companies were already facing structural problems before Covid-19 and are in long-term decline. -- ... I wrote about how shortsighted it is for Republicans (enabled by learned Democratic passivity) to reject aid for the
April 21, 2020 Read Full Article
New RFA Analysis: Ethanol Industry Could See $10 Billion in Losses Due to COVID-19
(Renewable Fuels Association) As the COVID-19 pandemic and crude oil glut continue to ravage world fuel markets, U.S. ethanol sales in 2020 could fall by more than $10 billion and the industry’s contribution to gross domestic product (GDP) could drop by
April 21, 2020 Read Full Article
QUOTE OF THE WEEK -- Bethany McLean
"It's worth remembering that Wall Street can make money even when the businesses that they are funding don't make money," explained Saudi America author Bethany McLean in this Strand Book Store discussion talking about financing of the shale oil and
April 20, 2020 Read Full Article
EPA Weighs Lifting Ethanol Requirements for Oil Refiners
by Rebecca Beitsch (The Hill) The Environmental Protection Agency (EPA) is weighing whether to let oil refineries skip on adding ethanol to their fuels, a move being requested by governors in oil-rich states who say the industry can’t afford the expense of
April 19, 2020 Read Full Article
Virus Weakens Markets for Renewable Energy -- Industries Press Pause on Steep Growth Trajectory
by Melody M. Bomgardner (Chemical & Engineering News) ... Unlike fossil energy sources like US shale oil, where many operators may go bankrupt, renewables are poised to rebound as soon as demand returns—likely next year. The cratering price of oil has
April 10, 2020 Read Full Article
Ahead of Stimulus Talks, Voters Back Relief for Renewables More Than for Oil and Gas
by Lisa Martine Jenkins (Morning Consult) -- 38% of voters support a bailout for the oil and gas industry, compared to 54% backing for a renewables industry bailout. -- Republicans are nearly as supportive of a renewables bailout (49%) as
April 03, 2020 Read Full Article
The Coronavirus and Ethanol Demand Destruction
by Scott Irwin and Todd Hubbs (FarmDocDaily) ... One implication of the virus-related restrictions is that people are driving much less than before, which means that gasoline and ethanol use are declining. The impact on the price of ethanol has
March 27, 2020 Read Full Article
Grassley Asks White House for Biofuel Support as SPR Fill Helps Oil Industry
by Meghan Gordon (S&P Global) US Senator Chuck Grassley, Republican-Iowa, urged the Trump administration Thursday to help the US biofuel industry weather plunging fuel prices and demand, just as the White House was seen as supporting domestic oil producers by
March 20, 2020 Read Full Article
House Democrats Warn against Oil Industry Bailout
by Rebecca Beitsch (The Hill) A growing number of Democrats are voicing concern that the White House may pursue broad relief for the oil and gas industry amid sinking prices and the coronavirus pandemic. Twenty House Democrats sent a letter to President Trump on
March 18, 2020 Read Full Article
White House Likely to Pursue Federal Aid for Shale Companies Hit by Oil Shock, Coronavirus Downturn
by Jeff Stein, Will Englund, Steven Mufson and Robert Costa (Washington Post) ... The White House is strongly considering pushing federal assistance for oil and natural gas producers hit by plummeting oil prices amid the coronavirus outbreak, as industry officials close
March 10, 2020 Read Full Article
Shell Is Looking Forward: The Fossil-Fuel Companies Expect to Profit from Climate Change. I Went to a Private Planning Meeting and Took Notes.
by Malcolm Harris (Vox Media Intelligencer/New York Magazine) ... I asked Fries (Steven Fries, Shell’s chief economist) if Shell is serious about transition, then couldn’t it voluntarily speed it up by leaving some of its wells fallow, constraining oil output
March 04, 2020 Read Full Article
Flood of Oil Is Coming, Complicating Efforts to Fight Global Warming
by Clifford Krauss (New York Times) A surge of oil production is coming, whether the world needs it or not. The flood of crude will arrive even as concerns about climate change are growing and worldwide oil demand is slowing. And it
November 04, 2019 Read Full Article
Report: U.S. Biofuels Help Drive Environmental Progress
(Growth Energy) Growth Energy, the nation’s largest association of biofuel producers, released a new report examining the potential impact of a growing role for U.S. biofuels in America’s clean energy future. The report was authored by Ramboll, a global research and management firm
September 26, 2019 Read Full Article
How to Fix the Ethanol Industry
by Robert Rapier (Forbes) ...In this model, the entities that control the model are the same as those that benefit from it: The Midwestern states that produce essentially all of the nation's ethanol. The key goal here is to get the federal
August 15, 2019 Read Full Article
Fact Sheet: Fossil Fuel Subsidies: A Closer Look at Tax Breaks and Societal Costs
by Clayton Coleman and Emma Dietz (Environmental and Energy Study Institute) A recent analysis published in Nature Energy found that continuing current fossil fuel subsidies would make it profitable to extract half of all domestic oil reserves. This could increase U.S. oil production by
August 02, 2019 Read Full Article
U.S. Oil Companies Find Energy Independence Isn’t So Profitable
by Clifford Krauss (New York Times) ... In the last four years, roughly 175 oil and gas companies in the United States and Canada with debts totaling about $100 billion have filed for bankruptcy protection. Many borrowed heavily when oil and
July 01, 2019 Read Full Article
Energy/Ethanol Outlook: Is There Hope for an Ethanol Boom?
by Bryce Knorr (Farm Progress) Biofuel bust could get a little relief soon. -- Pain at the pump could mean at least a little gain for corn growers. Demand for ethanol should start to increase soon, with or without final confirmation
April 19, 2019 Read Full Article
Advancements in Catalytic Fast Pyrolysis Give Biofuels a Boost
(National Renewable Energy Laboratory) National laboratory researchers demonstrate improvements in bio-oil yield through catalyst and process development. -- Researchers from the National Renewable Energy Laboratory (NREL), Pacific Northwest National Laboratory (PNNL), and Argonne National Laboratory (ANL) have identified an approach to improve
January 10, 2019 Read Full Article
Immovable Objects: Railroad Delays ...
by Matt Thompson (Ethanol Producer Magazine) Railroad delays in 2014 forced ethanol plants to slow production or find other ways to move their products. Four years later, the situation has improved, but rail traffic is on the rise again. ... In late 2013
December 06, 2018 Read Full Article
The Digest’s 2018 Multi-Slide Guide to the Energy Outlook through 2040
by Jim Lane (Biofuels Digest) The BP Energy Outlook explores the forces shaping the global energy transition out to 2040 and the key uncertainties surrounding that transition. It shows how rising prosperity drives an increase in global energy demand and how
November 02, 2018 Read Full Article
Biofuels Production and Consumption in Canada: Status, Advances and Challenges
by Mahmood Ebadian and Jack Saddler (IEA Bioenergy Task 39 Newsletter) ... Currently, over 96% of the transportation sector in Canada is fuelled by petroleum products, making this sector the second largest emitter of greenhouse gases (GHG) after the oil and gas sector. ... Conventional
October 12, 2018 Read Full Article
Peak Oil: Is History Repeating Itself, Again?
(Energy Today/OilPrice.com) In 2002, oil prices were hovering around $20 per barrel and then rose almost continuously until mid-2008 when the price of a barrel of oil on the New York Mercantile Exchange hit an intraday high of $147.27, its highest
August 13, 2018 Read Full Article
Oil's Well?
by Kelsey Tamborrino (Poltico's Morning Energy) Does the world have enough oil to go around if 2.5 million barrels of Iranian petroleum is put behind a wall of U.S. sanctions? That's the questions oil traders are trying to answer after
August 07, 2018 Read Full Article
EPA Publishes CAFE Standards Mid-Term Evaluation Final Determination
(U.S. Environmental Protection Agency) On April 2, 2018, the Administrator signed the Mid-term Evaluation Final Determination which finds that the model year 2022-2025 greenhouse gas standards are not appropriate in light of the record before EPA and, therefore, should be revised.
April 02, 2018 Read Full Article
Know Your Oil: Creating a Global Oil-Climate Index
by Deborah Gordon, Adam Brandt, Joule Bergerson, Jonathan Koomey (Carnegie Endowment for International Peace) Oil is changing. Conventional oil resources are dwindling as tight oil, oil sands, heavy oils, and others emerge. Oil is changing. Conventional oil resources are dwindling and technological