by Todd Neeley (DTN Progressive Farmer) Valero has filed a lawsuit in Texas state court alleging a Cypress, Texas,-based commodity group failed to deliver renewable identification numbers, or RINs, as part
Tag "RINs markets"
by Todd Neeley (DTN Progressive Farmer) As biofuel producers attempt to force EPA to restore 500 million gallons that a court found were improperly waived from the Renewable Fuel Standard in
by Kim Chipman (Bloomberg/Yahoo! Finance) The U.S. market for biofuel credits has long drawn calls for reform over lack of transparency. Trading-technology expert Julian Anstes says he has the answer. Anstes and
by Jim Lane (Biofuels Digest) COVID-19 has impacted every industry in some way, but Mike McCurdy from ICF shared this slide guide at ABLC2020 demonstrating how COVID-19 has had limited impact
(DTN Progressive Farmer) Nodal Exchange, a derivatives exchange, and IncubEx on Friday, Oct. 9, announced the upcoming launch of eight new Renewable Identification Number futures and options contracts. Pending regulatory review,
by Meghan Sapp (Biofuels Digest) In New York state, Reuters reports that RIN prices skyrocketed a two-year high of 55 cents for D6 credits on the back of its exclusive story
(Office of Senator Ted Cruz (R-TX)) U.S. Sen. Ted Cruz (R-Texas) today issued the following statement on the nomination of Doug Benevento to be Deputy Administrator of the U.S. Environmental Protection
by Mike Newman (Parhelion Underwriting Inc./Biofuels Digest) … The focus was on renewable fuels in the Renewable Fuel Standard (RINs) and California’s Low Carbon Fuel Standard (LCFS credits). Stakeholders came
by Joshua Brown, Margaret Rogers, Ellie Valencia, Maha Cristina Husseini (S&P Global/Platts) RVO cost highest since March 2018; USGC WTI MEH margin down $6.45/b on year; US fuel exports fall to two-year low
by Tristan R. Brown (Seeking Alpha) -Expectations of U.S. gasoline demand in 2021 are continuing to decline as the country has failed to suppress the spread of COVID-19. -Gasoline demand
by Scott Richman(Renewable Fuels Association) The report “The 2020 Renewable Fuel Standard (RFS): COVID-19 Impacts” released last week by the Congressional Research Service demonstrates a conflicted understanding of the mechanics of the RFS,
by Jim Lane (Biofuels Digest) Missed the recent DigestConnect discussion where The Digest shared the latest on the U.S. goal of 36 billion biofuels gallons by 2022 and where we
by Ron Kotrba (Biodiesel Magazine) … “We are surviving day by day,” Peterson (Chris Peterson, president of Hero BX) said. “All our people are still employed.” According to Peterson, Hero
by Jim Lane (Biofuels Digest) Using the latest data available, The Digest published this “Crisis Dashboard” visual guide showing what’s going on with ethanol retail prices, liquid energy commodity prices,
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
by Jim Lane (Biofuels Digest) The past few weeks have been a roller coaster ride and here are the numbers to visualize what is going on. In today’s Digest, a graphic look
by Todd Neeley (DTN Progressive Farmer) Sen. James Inhofe, R-Oklahoma, has offered an amendment to an energy bill to cap the price of Renewable Identification Numbers, or RINs, at 10 cents,
by Stephanie Kelly (Reuters) The U.S. Environmental Protection Agency said on Wednesday it is mulling new measures to help oil refiners cope with the cost of complying with the nation’s
by Scott Richman (Renewable Fuels Association) Yesterday (February 27, 2020), a group of senators wrote a letter to President Trump regarding the January 24 decision by the U.S. Court of Appeals for
by Jim Lane (Biofuels Digest) From what is an advanced biofuel to why, we take a look at the gallons, the ethanol blend wall, the residue capacity, and over 30 advanced
by Marc J. Rauch (The Auto Channel) This past Saturday, a media outlet called THE ATLANTIC published an anti-ethanol editorial titled “STOP THE ETHANOL MADNESS.” … The following is my rebuttal
(U.S. Department of Energy Energy Information Administration) … The Renewable Fuel Standard (RFS) mandates the amount of renewable fuels refineres must blend into the U.S. transportation fuel supply. As part of the
by Geoff Cooper (Renewable Fuels Association) Earlier this week, I had the honor of testifying before a House Energy & Commerce Committee subcommittee on the devastating impact of small refinery exemptions (SREs) on
by Matt Kaye (FarmWeekNow.com) Renewable Fuels Association chief Geoff Cooper called the proposed supplemental rule issued by EPA a “bait and switch.” — … During a hearing before a U.S.
(GZ Energy LLC/Biodiesel Magazine) Physical commodities brokerage GZ Energy LLC plans to launch its groundbreaking digital trading platform, GZX, in October. GZX will provide renewable fuel market participants with a means to
by Nora Goldstein (BioCycle Magazine) Overall, demand for RNG is strong in spite of an oversupply of D3 RINs in 2018. — In 2018, cellulosic biofuel producers, including those making
by Todd Neeley (DTN Progressive Farmer) The farmer-owned CountryMark cooperative and fuel refinery is caught in the middle of the small-refinery exemption controversy. The company operates in Indiana, Illinois, Michigan, Ohio
by Jim Lane (Biofuels Digest) Innovation is great but without implementation, the story ends there. Not so for ICM, a Kanasas-based company that took its small business roots in a farming
by Helena Tavares Kennedy (Biofuels Digest) EPA might have a new name in some circles – Exemptions for Petroleum Agency – thanks to the 31 small refinery waivers issued on Friday
by Michael Newman (Parhelion Underwriting Inc./Biofuels Digest) Trading in the climate finance market – the systems designed to reduce greenhouse gas emissions – sometimes create areas of uncertainty. The risk of
by Jeff Barber (OPIS) The idea of revising the Renewable Fuel Standard (RFS) to operate more like the Low Carbon Fuel Standard (LCFS) appears to be getting a fresh look. The rise
by Todd Neeley (DTN Progressive Farmer) EPA beat the clock in finalizing year-round E15 on Friday, one day ahead of the beginning of the summer driving season. The agency announced a
by Eric Pfeiffer (Hoosier Ag Today) The EPA announced Friday morning that they have met the deadline for the summer driving season to allow year-round sales of E15, a fuel blended with 15
Humeyra Pamuk and Jarrett Renshaw (Reuters) The U.S. Environmental Protection Agency plans to unveil a narrowed-down version of its proposed biofuel credit market reform this month after regulators concluded many
by Nick Snow (Oil & Gas Journal) US Reps. Bill Flores (R-Tex.) and Peter Welch (D-Vt.) reintroduced legislation on May 7 which would limit ethanol quotas under the Renewable Fuel Standard
(National Association of Convenience Stores) …(P)roposed RIN Market Reform regulations are unnecessary solutions in search of problems, and that EPA should finalize only those aspects of the proposal that enhance
by John Siciliano and Josh Siegel (Washington Examiner) The deadline for comments on the Environmental Protection Agency’s proposed plan to allow year-round sales of 15% ethanol fuel closes at midnight, but neither
by Jordan Godwin (Oil Price Information Service) With about two months to go before the start of the summer driving season, ethanol advocates are growing increasingly worried that EPA’s decision to combine
(Ag News Wire) The Environmental Protection Agency held a hearing Friday on proposed regulatory changes related to retail sales of 15% ethanol blended fuel (E15) and the renewable identification number (RIN) compliance
by David Kruse (The Daily Reporter) I was told by a director of the Iowa Corn Growers that at a meeting they discussed my recent reports where I had noted that
by Danielle Romano (Convenience Store News) The U.S. Environmental Protection Agency (EPA) is proposing regulatory changes around higher ethanol blends, and they’re drawing mixed reactions. … “NACS is concerned that the proposed rulemaking
(U.S. Environmental Protection Agency) On March 12, 2019, EPA proposed regulatory changes to allow gasoline blended with up to 15 percent ethanol (E15) to take advantage of the 1-psi Reid
by Brad Pleima (BioCycle Magazine/EcoEngineers) With prices for renewable electricity low in many states, biogas producers are turning to the renewable natural gas marketplace. This road map is a valuable navigation
(Renewable Fuels Association) Total Ethanol Consumption and Average Blend Rate Both Saw Year-Over-Year Declines — Data released today by the Energy Information Administration (EIA) reveals the extensive damage to 2018 ethanol demand
by Todd Neeley (DTN The Progressive Farmer) The EPA broke away from Renewable Fuel Standard requirements for granting small-refinery waivers starting in May 2017 and continued to deny a congressional order
by Humeyra Pamuk (Reuters) The Environmental Protection Agency will attempt to stamp out speculation in the U.S. biofuel credit market by barring trading by non-industry players, publicizing large positions, and improving price
by Pat Meehan (Washington Times) The blending of fuels puts needed small refineries in peril of extinction — Big oil manufacturers who can blend ethanol and oil in excess of their needs can
by Mario Parker and Jennifer A. Dlouhy (Bloomberg) CVR Energy Inc., backed by billionaire investor Carl Icahn, saved $189 million under the U.S. biofuels mandate last year. That’s largely thanks to a
by Jennifer A Dlouhy and Mario Parker (Bloomberg) EPA will propose several options, including position limits; Effort aims to quash speculation and boost transparency — The Trump administration is planning to propose an
by Jesse Stolark (Energy and Environmental Study Institute) The EPA is leaving 200 million gallons of cellulosic biofuels on the table, according to the newly formed Biomass Power Coalition, a group of
by Jeff Barber (Opis Biofuels News) The U.S. ethanol industry, which spent most of 2018 dealing with the fallout from EPA’s decision to allow a record number of small refineries to
by Anna Simet (Biomass Magazine) … The vast complexities of the RFS extend far beyond these components, but a much lesser-known provision is beginning to attract attention—the role of renewable
by Ron Kotrba (Biodiesel Magazine) Biodiesel Magazine profiles nine companies whose process technologies, products and services are on the frontline of change in this industry. Third Coast Commodities Biodiesel feedstock trading
(Renewable Fuels Association) There has been a media blitz lately by the oil industry saying that ethanol demand has been unaffected by the Environmental Protection Agency’s (EPA) rampant grants of Renewable
by Jim Lane (Biofuels Digest) In California, we are now seeing project flow projecting a sustainable $7.63 price for renewable diesel in the California market, where the Low Carbon Fuel Standard
by Todd Neeley (DTN The Progressive Farmer) Pennsylvania’s governor and state refining interests are putting pressure on EPA to grant waivers to the Renewable Fuel Standard program, just ahead of the
(Hellenic Shipping News) A decline in the US obligation for biofuels has prompted an increase in imports from Canada and Europe into the Atlantic Coast, according to market sources and federal
by Michael McAdams (Biomass Magazine/Advanced Biofuels Association) As we approach the end of 2018, we reflect on a year that was full of surprises for the biofuels industry. What stands out the
by Ron Kotrba (Biodiesel Magazine) While oil refiners adding a small percentage of renewable feedstock to their operations sounds simple, the political, economic, technical, societal and market consequences are anything but.
by Erin Voegele (Biomass Magazine) The Trump Administration has released estimated timelines for the development of three U.S. EPA rulemakings that
by Chris Clayton and Todd Neeley (DTN The Progressive Farmer) Leading into President Donald Trump’s trip to Council Bluffs, Iowa, on
(WNAX) Sources says the Trump administration is considering limits on trading biofuel credits. The goal is to discourage speculation and reduce
by Jarrett Renshaw (Reuters) The White House is considering imposing restrictions on trading of biofuel credits, hoping to discourage speculation and
(American Farm Bureau Federation) Though pleased with EPA’s proposal to increase renewable fuel volumes, the American Farm Bureau Federation warned that
by Jessie Stolark (Energy and Environmental Study Institute) On Wednesday July 25, the House Energy & Commerce Committee held a hearing
by Erin Voegele (Ethanol Producer Magazine) On July 25, the U.S. House Committee on Energy and Commerce’s Subcommittee on Environment held
by Jarrett Renshaw and Chris Prentice (Reuters) The U.S. Environmental Protection Agency has awarded tens of millions of dollars worth of
by Lisa Gibson (Ethanol Producer Magazine) … EcoEngineers’ Director of Engineering Jim Ramm details Kernel Fiber Now, a service that
by Jim Lane (Biofuels Digest) … But they’re part of the Washington dialogue this month, waivers and easy outs, since reports surfaced
Mario Parker and Jennifer A. Dlouhy (Bloomberg) The Environmental Protection Agency plans to ask for advice on whether — and how
by Geoff Cooper (Renewable Fuels Association) … Simply put, allowing exported ethanol to count toward compliance with an oil company’s RFS
by Michael McAdams (Advanced Biofuels Association/Biomass Magazine) At ABFA, we’ve been keeping our eyes on the U.S. EPA during the first
by Jarrett Renshaw (Reuters) The Trump administration will delay any moves to reform the nation’s biofuel policy for about three months,
by Todd Neeley (DTN The Progressive Farmer) Details have yet to emerge from a planned meeting at the White House on
by Cindy Zimmerman (Energy.AgWired.com) Recent actions by EPA have effectively reduced the Renewable Fuel Standard conventional renewable volume obligation (RVO) for
(Biotechnology Innovation Organization) BIO is greatly concerned by the Department of Justice’s and Environmental Protection Agency’s proposed Settlement Agreement to
by Ron Kotrba (Biomass Magazine) D7 renewable identification numbers (RINs) generated at a biorefinery in Oklahoma City producing cellulosic diesel fuel
by James Osborne (Houston Chronicle) EPA chief Scott Pruitt raised the idea Monday of limiting Wall Street’s ability to trade the government-issued
by Meghan Gordon bankr(Platts) The White House has postponed a fourth round of talks between refinery and biofuel interests about reforming
by Chris Clayton (DTN The Progressive Farmer) A study commissioned by the country’s largest oil refiner explains how a waiver credit
(Renewable Fuels Association) Another White House meeting has been scheduled for Monday, March 12, to continue discussions between oil refinery and
by Jarrett Renshaw (Reuters) U.S. President Donald Trump has called a meeting early next week with key senators and Cabinet officials
by Chris Clayton (DTN The Progressive Farmer) The chairman of the Commodity Futures Trading Commission told senators Thursday the Environmental Protection
by Erin Voegele (Ethanol Producer Magazine) Sen. Chuck Grassley, R-Iowa, has released a memo produced by his energy policy staff that
by Bob Dinneen (Renewable Fuels Association/Washington Times) The oil industry’s campaign to undermine the growth of domestically produced renewable fuels such
by Joelle Simonpietri (Biofuels Digest) On Jan 21st 2018, Carlyle-backed Philadelphia Energy Solutions(PES), the largest refinery complex on the U.S. east coast at 335,000
by Jennifer A Dlouhy and Mario Parker (Bloomberg) Biofuel mandate overhaul mulled by Congress after bankruptcy; Unions and Pennsylvania politicians seek
(American Coalition for Ethanol/Ethanol Producer Magazine) Ron Lamberty, senior vice president of the American Coalition for Ethanol, updated attendees at the
by Jarrett Renshaw (Reuters) More than two dozen small U.S. refineries are seeking waivers from the nation’s biofuels law, an unusually
by Lisa Gibson (Ethanol Producer Magazine) RIN values do affect fuel prices, but Ron Lamberty, senior vice president of the American
by Todd Neeley (DTN The Progressive Farmer) President Donald Trump’s administration and some members of Congress want oil and ethanol interests
by Jessie Stolark (Environmental and Energy Study Institute) … The argument is roughly – increased biofuels mandates lead RINs to spike
(Southern Farm Network Today) Texas Senator Ted Cruz recently proposed to put a cap on the price of Renewable Identification Numbers
by James Osborne (Houston Chronicle) Attack on federal biofuels mandate provides chance to appeal to base — … But for the junior senator,
by James C. Greenwood (Biotechnology Innovation Organization/The Hill) … The refiners want to lower the price of renewable identification numbers, or
by Todd Neeley (DTN/KTIC) Capping the price of biofuel credits at 10 cents would essentially eliminate the Renewable Fuel Standard mandate
by Erin Voegele (Ethanol Producer Magazine) President Trump has hosted two meetings in recent weeks with Sen. Ted Cruz, R-Texas, and
by Erin Voegele (Ethanol Producer Magazine) On Dec. 7, U.S. EPA Administrator Scott Pruitt appeared before the House Subcommittee on Energy
by Jason Santos (Malaysian Insight) SABAH’s move for a full compliance of the Certified Sustainable Palm Oil (CSPO) by 2025 is to
by Jarrett Renshaw and Chris Prentice (Reuters) Carl Icahn’s refining company CVR Energy (CVI.N) has begun buying biofuel credits for
by Bharat Jhunjhunwala (The Free Press Journal) Recently, Union Minister for Road Transport and Highways Nitin Gadkari inaugurated India’s first refinery
by Eric Wolff (Politico) The Trump administration plans to reject a proposal that would let oil refiners off the hook
by Jeff Barber (Oil Price Information Service) The head of the Renewable Fuels Association (RFA) says the ethanol industry group
by Jim Lane (Biofuels Digest) Industrial biotech’s biggest and grandest show, the World Congress on Industrial Biotechnology, opened today in
by Jim Lane (Biofuels Digest) The value of cellulosic fuels has reached $4.33 per gallon in the California market. That’s
by Timothy Gardner (Reuters) The U.S. Commodity Futures Trading Commission informed eight Democratic U.S. senators last month that it is
by Mario Parker (Bloomberg/Southwest Farm Press) Government work has paid off handsomely for billionaire Carl Icahn. CVR Energy Inc., his
by Jim Lane (Biofuels Digest) … As you can see from the hard data, the production cost for ethanol today is
(Office of Senator Elizabeth Warren) U.S. Senators Elizabeth Warren (D-Mass.), Debbie Stabenow (D-Mich.), Tom Carper (D-Del.), Sherrod Brown (D-Ohio), Sheldon
by Max McBrayer (The Hill/RaceTrac Petroleum) … My perspective comes from over 30 years in the fuels business. Currently, I
by Jarrett Renshaw and Chris Prentice (Reuters) Biofuels compliance expenses for CVR Energy’s refining unit fell to the lowest level
by Brian Scheid and Meghan Gordon (Platts) Have refiners’ hopes for a quick rollback of the US biofuel mandate by the
by Jim Lane (Biofuels Digest) … There’s a theory going around that biofuels are “government fuels” — and prices are
by Susan Olson (BioCycle Magazine) Because of an all-time high waiver credit value paired with strong advanced RIN prices, renewable
(Biofuels International) Growth Energy has released economic analysis that it says “identifies numerous problems” associated with changing the Renewable Fuel
(Platts) Renewable Identification Numbers traded at 14-month lows Wednesday following news that the Environmental Protection Agency will delay implementation of
by David Williams (The Gilmer Mirror) Incoming President Donald Trump’s promise to “drain the swamp” is getting an early test
by Brian Dabbs (Bloomberg) Recent criticism of secrecy and alleged manipulation in biofuel credit trading, delivered by a top adviser to
by Mark Griffin (Pro Petroleum/Real Clear Energy) … Moving the point of obligation eliminates our ability to compete and gives major refiners
by John Campbell (Ocean Park Advisors) The RINs market would be improved with timely blend targets and compliance reporting, increased
by Susanne Retka Schill (Ethanol Producer Magazine) Two central questions arise when considering biofuels consumption through 2022, write University of
by Susanne Retka Schill (Ethanol Producer Magazine) The economic drivers behind recent higher ethanol blending rates were examined by Iowa
by Bradley Olson (Wall Street Journal) Some refiners stand to rake in $1 billion by selling fuel credits, while others
(Value Walk) Murphy USA is the largest stand-alone fuel retailer in the United States. The majority of its stores are
by Scott Irwin (Farm Doc Daily/University of Illinois at Urbana-Champaign) RINs prices have been making headlines in recent months, with
(Environmental Protection Agency) The U.S. Environmental Protection Agency (EPA) and the U.S. Department of Justice today announced the filing of
by Jim Lane (Biofuels Digest) In Washington, the Biotechnology Innovation Organization released the new white paper, “The Myth of High
by Brent Erickson (Biotechnology Innovation Organization/Biofuels Digest) … Data recently released by EPA refutes the widely held assumption that reaching
by John Campbell (Biodiesel Magazine/Ocean Park Advisors) The U.S. EPA has set off a debate within the petroleum industry by suggesting
by Chris Prentice (Reuters) Republican Presidential candidate Donald Trump on Thursday appeared to weigh into a debate over a controversial
by Barbara J Powell (Bloomberg) … RINS aren’t the real problem for the Philadelphia refinery, Robert Campbell, head of oil
by Jim Lane (Biofuels Digest) … Is there some fundamental reason that the automotive biofuels people haven’t shifted to butanol or
by Brian Scheid and Herman Wang (Platts) Growing pressure for a federal probe of the opaque market underpinning the Renewable Fuel
by Brooke Coleman (Bloomberg/Advanced Biofuels Business Council) … (Carl) Icahn’s ask is pretty simple. He wants the EPA to change the
by Jim Lane (Biofuels Digest) … There’s a separate category of RINs for advanced biofuels. These are fuels that have at
by Jim Lane (Biofuels Digest) Let me see if we got this right. Donald Trump loves the Renewable Fuel Standard — Carl
(Argus Media) The bank of carryover RINs used to comply with US renewable fuel mandates faces a draw of nearly
by Alex Guillén (Politico Pro) The Renewable Fuels Association today asked the Commodity Futures Trading Commission and EPA to investigate
Valero Says RFS Compliance Costs Are Soaring; Renewable Industry Snaps Back “Poor Capacity Planning”
by Jim Lane (Biofuels Digest) In Texas, Reuters is reporting that “Valero Energy expects to get hit with a half-billion-dollar
by Chris Prentice and Jessica Resnick-Ault (Reuters) Prices of U.S. biofuels compliance credits jumped in early trade on Wednesday as
(U.S. Department of Justice) Thomas Davanzo, of Estero, Florida, and Robert Fedyna, of Naples, Florida, pleaded guilty today for their
by Bob Dinneen (The Hill) … It’s worth recalling why a bipartisan coalition of policymakers, including President George W. Bush, worked
(Argus Media) US Environmental Protection Agency administrators should shift the burden of US biofuel blending mandates closer to retail stations,
by Laura Blewitt (Bloomberg) Federally mandated ethanol blending is adding extra pressure to the faltering profits of U.S. refiners. The worst
by Jim Lane (Biofuels Digest) … (W)hen you compare them to homogenized, uniform, high-yield, purpose-grown energy crops. residues may be
(OPIS) The Renewable Fuels Supply Supplement is the first publication in the OPIS Market Trends series and is now available!
Public Hearing for Modifications To Fuel Regulations To Provide Flexibility for E15; Modifications to RFS RIN Market Regulations March 29, 2019
(Environmental Protection Agency/Federal Register) The EPA is announcing a public hearing to be held in Ypsilanti, MI on March 29, 2019 for the proposed rule ‘‘Modifications to Fuel Regulations to Provide Flexibility for E15; Modifications