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 which has the biofuels and agriculture industries reeling after promises
RINs price
Back TO HOMEManaging LCFS Credits and Risk in Uncertain Times
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 invalidation of credits worry market participants – but insurance risk
August 08, 2019 Read Full Article
EPA Chief Defends Biofuel Waivers in Meeting with Farm Senators: Sources
by Humeyra Pamuk and Jarrett Renshaw (Reuters) The head of the U.S. Environmental Protection Agency defended his agency’s expanded use of waivers exempting refineries from the country’s biofuel law during a closed-door meeting with farm state senators last week, arguing the program
July 31, 2019 Read Full Article
RFA Extends Ethanol Invite as EPA Head Visits Oil Refinery
(Renewable Fuels Association) The Renewable Fuels Association has invited U.S. Environmental Protection Agency Administrator Andrew Wheeler to visit an ethanol plant as a follow-up to his tour of a Pennsylvania oil refinery. Wheeler was scheduled to visit Monroe Energy’s plant in Trainer,
July 29, 2019 Read Full Article
US Biofuel Makers Expect Weaker Demand from 2020 Blending Mandate
by Meghan Gordon (S&P Global Platts) Ethanol RINs fall after EPA proposes 2020-21 volumes; EPA declines to restore 2016 volumes flagged by court; Platts Analytics sees ethanol inputs above 10% this summer -- The Trump administration's proposed 2020 biofuel mandate -- for refiners to blend
July 09, 2019 Read Full Article
Retailers Navigate Changing Fuels Landscape
by Mark Radosevich (Convenience Store Decisions) C-store retailers must navigate the arrival of 95 RON fuel formulation, the push to add E15, underground storage tank liability and more. -- Ethanol continues to be one of the top industry dilemmas in 2019, with
July 01, 2019 Read Full Article
Could the RFS Move Toward a Low Carbon Program Like LCFS?
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 in prices for California’s LCFS credits may be a motivating factor. More about
June 18, 2019 Read Full Article
EPA Finalizes E15 Rule Agency Leaves Potential Biofuel Credit Reforms on Table for Later Time
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 final rule that also takes a much softer approach on
June 02, 2019 Read Full Article
Renewable Fuels Program Hobbled by Small Refinery Exemptions
by William C. Schillaci (EHS Daily Advisor) The EPA’s implementation of the small refinery exemption is one of the more disputed aspects of the federal Renewable Fuel Standard (RFS) program. The major question associated with the exemption appears to be how does
June 02, 2019 Read Full Article
EPA Allows Year-Round Sales of E15
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 percent ethanol. “Corn farmers have been long-time advocates of higher blends
May 31, 2019 Read Full Article
Exclusive: EPA to Unveil Less Ambitious U.S. Biofuel Credit Reform - Sources
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 of the agency’s initial ideas required more time to study,
May 24, 2019 Read Full Article
Pathways Await Priority:The U.S. EPA Hasn't Issued a New Pathway Approval in over a Year, but Technology Providers for Corn Kernel Fiber-to-Cellulosic Ethanol Remain Optimistic.
by Susanne Retka Schill (Ethanol Producer Magazine) Pathway approvals by the U.S. EPA came to a screeching halt in 2018, putting the expansion of corn kernel fiber cellulosic ethanol in limbo. The EPA Part 80 Fuels Program List shows no new
May 21, 2019 Read Full Article
Flores and Welch Reintroduce Bill to Limit Ethanol Quotas under RFS
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 to 9.7% of the total gasoline volumes projected to be
May 10, 2019 Read Full Article
Pacific Biodiesel Eyes California as Federal, Local Support Wanes
by Ron Kotrba (Biodiesel Magazine) Hawaii-based Pacific Biodiesel has long prided itself on producing biodiesel from local resources within the petroleum-dependent archipelago and supplying the renewable fuel back to its community. But as the U.S. biodiesel sector tries to push forward
May 01, 2019 Read Full Article
NACS, Fuel Marketers, Comment on EPA’s RIN Market Proposal
(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 disclosure requirements and set aside for future reconsideration those aspects
May 01, 2019 Read Full Article
Donald J. Trump, Our Blue-Collar President
by Curtis Ellis (WND) ... Last week, members of the International Union of Operating Engineers stood alongside President Trump at a union job-training center as he signed executive orders to expedite the construction of oil and gas pipelines and energy infrastructure projects,
May 01, 2019 Read Full Article
Oil and Renewable Industries Locked in Tug of War over Trump's Ethanol Plan
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 side in the fight — that is, the oil and
April 30, 2019 Read Full Article
ABFA Files for Injunction against EPA to Prevent Additional SREs
(Advanced Biofuels Association/Ethanol Producer Magazine) The Advanced Biofuels Association filed a motion April 24 for a preliminary injunction to prevent U.S. EPA Administrator Andrew Wheeler from granting any additional small refinery exemptions (SREs) to release obligated parties from compliance with the
April 25, 2019 Read Full Article
U.S. EPA May Grant Fewer Biofuel Waivers Due to Low Credit Prices: Wheeler
by Humeyra Pamuk (Reuters) The U.S. Environmental Protection Agency could grant fewer waivers exempting small refineries from the country’s biofuel policy as lower prices for blending credits have reduced the cost of compliance, the agency’s administrator Andrew Wheeler told Reuters on Thursday. The
April 12, 2019 Read Full Article
Sen. Grassley Honored for Lifetime Achievement in Bioenergy
by Cindy Zimmerman (AgWired.com) Sen. Chuck Grassley (R-IA) was honored at the Advanced Bioeconomy Leadership Conference (ABLC) in Washington DC this week with the Holmberg Award for Lifetime Achievement in Bioenergy. Accepting the award, Grassley said he was honored, but noted that his
April 05, 2019 Read Full Article
Ethanol Advocates Worry RIN Reform Proposals Will Derail E15 Expansion
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 in the same proposed rulemaking changes to how Renewable Identification
April 02, 2019 Read Full Article
The Compelling Case for Biojet Fuel
by Jess Hewitt and Jonathan Lewis (Lee Enterprises Consulting/Biofuels Digest) ... Many people are confused by the term “biojet,” and the many other terms used to describe this “new fuel”. There is a standard specification that describes this product. Turbine (jet)
April 02, 2019 Read Full Article
Biofuels Advocates Testify at EPA Hearing
(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 system Renewable Fuel Standard (RFS) program. Biofuels advocates, organization representatives and
March 29, 2019 Read Full Article
Backstabbing the Ethanol Industry
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 the National Corn Growers Association is dropping the ball in
March 29, 2019 Read Full Article
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 to RFS RIN Market Regulations.’’ This proposed rule will be published separately
March 19, 2019 Read Full Article
Ethanol Use Falls for First Time in 20 Years
by John Herath (Farm Journal Media) RFA Blames Waivers for Refiners --- Ethanol use in the United States last year fell for the first time since 1998, according to data from the Energy Information Administration. The Renewable Fuels Association (RFA) is blaming
March 15, 2019 Read Full Article
EPA's Proposed Rule Changes Around Higher Ethanol Blends Draw Mixed Reactions
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 would generate more problems than solutions," said Paige Anderson, NACS'
March 14, 2019 Read Full Article
Notice of Proposed Rulemaking for Modifications to Fuel Regulations to Provide Flexibility for E15 and to Elements of the Renewable Identification Number Compliance System --- COMMENTS DUE April 29, 2019
(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 Vapor Pressure (RVP) waiver that currently applies to E10 during
March 12, 2019 Read Full Article
New EIA Data Confirms Ethanol Demand Destruction in 2018
(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 that resulted from former EPA Administrator Scott Pruitt’s egregious abuse
March 09, 2019 Read Full Article
Court Brief: EPA Strayed on RFS Waivers -- EPA Changed Course on Small-Refinery Waivers Without Public Input
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 regarding which refiners qualify, according to a 97-page brief filed
March 09, 2019 Read Full Article
Exclusive: U.S. EPA Aims to Curb Biofuel Credit Speculation by Blocking Outsiders
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 transparency, a source familiar with the agency’s proposals told Reuters
March 08, 2019 Read Full Article
Ethanol Demand Boost from US EPA Lifting Summer E15 Ban Expected to Be Slow
by Meghan Gordon (S&P Global Platts) Even if the Trump administration completes a policy change allowing year-round sales of higher ethanol blends in time for this summer's driving season, any major increase in demand may not materialize until summer 2020 because
March 08, 2019 Read Full Article
How Ethanol Threatens Energy Security
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 sell that excess capacity as a credit to the smaller
March 01, 2019 Read Full Article
Icahn-Backed Refiner Saves $189 Million on EPA's Biofuel Tweaks
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 campaign he helped ignite to lower costs for compliance. CVR Energy,
February 26, 2019 Read Full Article
One of the Oldest U.S. Refineries in Trouble again in Philadelphia: Court Filings
by Jarrett Renshaw (Reuters) Philadelphia Energy Solutions Inc, owner of the largest and oldest refinery on the U.S. East Coast, is facing another financial crisis just months after emerging from a controversial bankruptcy, according to two sources and a Reuters review
February 22, 2019 Read Full Article
Trump Agency Proposes Overhaul of Biofuel Credit Trading
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 overhaul of the opaque market for trading biofuel compliance credits
February 21, 2019 Read Full Article
RFA’s Cooper: Ethanol Industry ‘Delivering Huge Wins’ Despite ‘Tough Year’ in 2018
(Renewable Fuels Association) Renewable Fuels Association (RFA) President and CEO Geoff Cooper told nearly 1,000 National Ethanol Conference attendees today that while the U.S. ethanol industry had a “tough year” in 2018, it “continued to deliver huge wins for consumers,” including
February 12, 2019 Read Full Article
Interview: RFA Hoping EPA Will Be More Restrained on SREs
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 escape their Renewable Fuel Standard (RFS) compliance obligations, believes the
January 29, 2019 Read Full Article
Biodiesel’s Cutting Edge
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 is evolving, and Third Coast Commodities is one of the firms ushering
January 04, 2019 Read Full Article
A Fox Guarding the RFS Henhouse
by David Kruse (The CommStock Report/Spencer Daily Reporter) From a subscriber: "I asked my local Cenex manager why the price of E85 was still high. E10 has dropped 43 cents in the last couple of months and E85 hasn't changed from $1.94. He
January 04, 2019 Read Full Article
Recognizing Today’s Reality to Shape a Better Tomorrow
by Brian Jennings (American Coalition for Ethanol/Ethanol Producer Magazine) Looking back to one year ago, ethanol renewable identification numbers (RINs) were fetching nearly 70 cents (a valuable incentive for ethanol blending), exports were swelling to record volumes, and EPA was promising
January 02, 2019 Read Full Article
C.J.’s Back and REGI’s Got Her: Warner Tapped as New Renewable Energy Group CEO
by Jim Lane (Biofuels Digest) In Iowa, white smoke has emerged from the REGI conclave: Tesoro EVP and former Sapphire Energy CEO C.J. Warner has been named chief exec of Renewable Energy Group, at a pivotal moment for biodiesel in Washington and
December 07, 2018 Read Full Article
Demand Destruction from Small Refinery Exemptions is Clear and Continuing
(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 Fuel Standard (RFS) exemptions to small refineries. Recently, even some
December 06, 2018 Read Full Article
A Fuel Value over $7.00 per Gallon, and Everyone’s Chasing It: The Birth of USA Bioenergy and the Surge in Renewable Diesel
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 stacks on top of the RIN values from the federal
November 21, 2018 Read Full Article
More RFS Exemption Requests Monroe Energy, Pennsylvania Gov. Wolf Want Full RFS Waiver
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 agency's Nov. 30 deadline to finalize new biofuels volumes for
November 16, 2018 Read Full Article
Weaker RINs Lure Gasoline Shipping into US East Coast Ports: Sources
(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 government data. The renewable fuels obligation for a gallon of imported
November 14, 2018 Read Full Article
Heard on the Floor: Reflections and the Buzz from ABLC Global 2018
by Jim Lane (Biofuels Digest) It was, at times, not unlike the old trading floor of the Chicago Board of Trade and that was no coincidence, for there was optimism abounding and the deal-talk that flows from a general feeling that
November 12, 2018 Read Full Article
Another Year of Uncertainty for Biofuels
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 most was former U.S. EPA Administrator Scott Pruitt’s application of
November 06, 2018 Read Full Article
The Complex Dynamics of Coprocessing
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. In 2007, at the height of the biodiesel boom, ConocoPhillips and
November 06, 2018 Read Full Article
Consultative Expansion
by Ron Kotrba (Biodiesel Magazine) Biodiesel Magazine spotlights a producer whose recent acquisition fulfills increased feedstock demand, a consulting firm that assists in market entry and production efficiencies, and the expansion of one of today's fastest-growing biodiesel refiners. -- BioJoe Renwick, founder
November 06, 2018 Read Full Article
Innovations in Biomass-Based Diesel
by Susanne Retka Schill (Ethanol Producer Magazine) Two ethanol producers are adopting quite different innovative technologies to add value to their corn oil—one making biodiesel with supercritical methods, the other making renewable diesel. East Kansas Agri-Energy’s renewable diesel plant has been
October 24, 2018 Read Full Article
US Environmental Protection Agency Aims to Adopt New Fuel Economy Rule by March, E15 Rule by May
by Meghan Gordon (S&P Global Platts) The US Environmental Protection Agency aims to adopt final rules for fuel economy standards by March and year-round sales of higher ethanol blends by May, according to a fall regulatory agenda released Wednesday by the
October 18, 2018 Read Full Article
President Opens up E15 Sales: Trump Directs EPA to Allow Year-Round E15 and a More Transparent RINs Market
by Chris Clayton and Todd Neeley (DTN The Progressive Farmer) Leading into President Donald Trump's trip to Council Bluffs, Iowa, on Tuesday, a senior White House official said Tuesday that the president has directed the Environmental Protection Agency to create a
October 09, 2018 Read Full Article
A Bird's Eye View of Bioenergy
by Bill Keba* (Advanced Biofuels USA) The Mid-Atlantic Bioenergy Conference and Expo (MABEX) was held on September 12 and 13 at the Convene at CityView in Philadelphia, Pa. The Mid-Atlantic Bioenergy Council did well in selecting this terrific skyscraping venue.
October 06, 2018 Read Full Article
Update1-White House Mulls Limits on Biofuel Trading as Part of E15 Deal-Sources
by Jarrett Renshaw (Reuters) The White House is considering imposing restrictions on trading of biofuel credits, hoping to discourage speculation and reduce costs for oil refiners to comply with U.S. biofuels policy, according to three sources familiar with the discussions. ... The move
September 29, 2018 Read Full Article
Ethanol Credits Criticized by Icahn Drop to Pennies Under Trump
by Mario Parker and Jennifer A Dlouhy (Bloomberg) Gradual drop seen as refiners, farmers debate White House deal; Icahn owns 82% stake in independent oil refiner CVR Energy -- The biofuel compliance credits used by refiners and criticized by billionaire Carl Icahn have tumbled
September 26, 2018 Read Full Article
UPDATE 2-EPA Details Broad Expansion of Biofuel Waiver Program
by Chris Prentice, Jarrett Renshaw (Reuters) The U.S. Environmental Protection Agency (EPA) published new data detailing how it drastically expanded a biofuels waiver program for oil refiners since President Donald Trump’s administration took office, responding to pressure from the corn lobby to
September 21, 2018 Read Full Article
Energy Security Group Makes Case for Car Rules as Trump Tweets
(Washington Examiner) The military cost of defending oil trade routes makes a solid case for keeping in place strong fuel-economy standards, the group Securing America’s Future Energy said in a report released soon after Trump began tweeting about OPEC prices on Thursday. “Following
September 20, 2018 Read Full Article
EPA to Make RFS Waiver Info Public
by Anna-Lisa Laca (AgWeb) Over the past year, farmers and ethanol advocates alike have pressed the Environmental Protection Agency (EPA) to be more transparent when it comes to Renewable Identification Number (RIN) waivers for small refineries. Today, EPA recognized that concern
September 20, 2018 Read Full Article
Small Refinery Exemptions and Ethanol Demand Destruction
by Scott Irwin (FarmDocDaily) Small refinery exemptions (SREs) represent the latest controversy to engulf the Renewable Fuel Standard (RFS). When the U.S. Congress first created the RFS in the Energy Policy Act of 2005 (P.L. 109-58) it included a temporary exemption
September 17, 2018 Read Full Article
US Cellulosic Waiver Credit Likely to Be $1.77 in 2019: Platts Analytics
by Joshua Pedrick (S&P Global/Platts) The US Environmental Protection Agency is likely to set the 2019 cellulosic waiver credit (CWC) at $1.77 for each credit, down from $1.96 in 2018, according to S&P Global Platts Analytics. "The most important variable in the
September 03, 2018 Read Full Article
Grassley Gets Local Perspective on Ag
by Seth Boyes (Dickinson County News) Steffes Company in Milford played host to U.S. Sen. Chuck Grassley on Monday Aug. 6. ... "If you're a member of Congress, you can't keep your mouth shut if you think the president's hurting your people,"
August 15, 2018 Read Full Article
Trump's Plan to Boost Ethanol Could Quickly Get Sidelined
by John Siciliano (Washington Examiner) ... On top of that, a senior Senate aide close to the pro-ethanol camp led by Sen. Chuck Grassley, R-Iowa, said “there is debate" over whether it will take legislation to enact the changes Trump
August 14, 2018 Read Full Article
Strategic Intent: The Digest’s 2018 Multi-Slide Guide to Renewable Energy Group
by Jim Lane (Biofuels Digest) Renewable Energy Group, Inc. (Nasdaq: REGI) is a leading provider of cleaner, lower carbon intensity products and services. The company is a major international producer of biomass-based diesel, a developer of renewable chemicals and North America’s
August 10, 2018 Read Full Article
Bioenergy (Biofuels/Biomass) RFS Roundup: To Grow Cellulosic Fuel Volumes, Address Low Hanging Fruit in RFS Changes
by Jessie Stolark (Energy and Environmental Study Institute) On Wednesday July 25, the House Energy & Commerce Committee held a hearing to educate members on the complexities of the compliance markets for biofuels, as Environment and Economy Subcommittee Rep. Shimkus (R-IL),
August 01, 2018 Read Full Article
House Subcommittee Holds Hearing on RINs
by Erin Voegele (Ethanol Producer Magazine) On July 25, the U.S. House Committee on Energy and Commerce’s Subcommittee on Environment held a hearing that aimed to educate members of the subcommittee on renewable identification numbers (RINs) and the role RINs play
August 01, 2018 Read Full Article
EPA Scraps Detailed Plan to Force U.S. Refiners to Blend More Biofuels
by Jarrett Renshaw (Reuters) The U.S. Environmental Protection Agency ditched a detailed plan that would have forced refiners to blend more biofuels into their gasoline and diesel in 2019 to compensate for volumes likely to be exempted under the agency’s small
July 12, 2018 Read Full Article
Pruitt Departure Allows for ‘Reset’ between Trump and Ethanol
by Mario Parker (Bloomberg) ... The EPA also jettisoned a plan to incorporate an additional 1.5 billion gallons of biofuel requirements in last week’s proposal to make up for the potential waivers granted to small refineries. The agency said that it
July 09, 2018 Read Full Article
EPA Considers Delaying Friday Biofuel Announcement: Sources
by Jarrett Renshaw and Chris Prentice (Reuters) The U.S. Environmental Protection Agency (EPA) is considering delaying its widely anticipated announcement on Friday on 2019 renewable fuel volumes as it re-examines plans to force larger refineries to make up for gallons exempted
June 22, 2018 Read Full Article
UPDATE 2-EPA to Propose Reallocating Waived Biofuels Volumes to Other Refiners-Sources
by Jarrett Renshaw and Chris Prentice (Reuters/Successful Farming) The U.S. Environmental Protection Agency will propose reallocating biofuel blending obligations waived under its small refinery exemption program to other refiners, in an announcement that could come as early as Friday, according to two sources familiar with the
June 21, 2018 Read Full Article
Why Nebraska’s Governor Is a Champion of Biofuels
(Urban Air Initiative) Nebraska Governor Pete Ricketts recently declared May as Renewable Fuels Month to draw attention to clean burning biofuel options. He’s focused on grassroot efforts to educate and expand access of mid-level blends for his citizens. Urban Air believes
June 07, 2018 Read Full Article
On The Front Lines: The Old Battle between Ethanol and Oil Takes Center Stage with the RFS.
by Erin Voegele (Ethanol Producer Magazine) Ethanol Producer Magazine recaps the many recent attempts to hinder the policy, and looks beyond 2022. -- ... But leaders in the ethanol industry are quick to point out this fight is not new; it’s the
June 04, 2018 Read Full Article
Exclusive: U.S. EPA Grants Refiners Biofuel Credits to Remedy Obama-Era Waiver Denials
by Jarrett Renshaw and Chris Prentice (Reuters) The U.S. Environmental Protection Agency has awarded tens of millions of dollars worth of biofuel blending credits for this year to refiners HollyFrontier and Sinclair Oil after they argued the agency had wrongly denied
May 31, 2018 Read Full Article
Waiver Wire: Why Is the Biofuels Industry up in Arms about Oil Refinery Waivers?
by Jim Lane (Biofuels Digest) ... But they’re part of the Washington dialogue this month, waivers and easy outs, since reports surfaced in media that the US Environmental Protection Agency granted a Renewable Fuel Standard hardship waiver for CVR Energy’s Wynnewood, Oklahoma
May 22, 2018 Read Full Article
Biotechies Riding Herd on Biofuel Policy Uncertainties
by Mikkel Pates (Agweek) Ag technology promoters are pedaling hard for biofuels-friendly policies in Washington, D.C., to make life livable for cash-strapped farmers supplying markets that didn't exist 30 years ago. Erick Lutt, director of industrial and environmental policy for Biotechnology
May 21, 2018 Read Full Article
Biofuel Policy Adds to Agricultural Market Uncertainty
by Pat Westhoff (Columbia Tribune) ... Biofuel policy decisions also have the potential to have large impacts on commodity markets and farm income. Most cars in this country run on a blend of 90 percent gasoline and 10 percent ethanol. At current gasoline
May 18, 2018 Read Full Article
Trump Said to Mull Ways to Boost Biofuel Market Transparency
Mario Parker and Jennifer A. Dlouhy (Bloomberg) The Environmental Protection Agency plans to ask for advice on whether -- and how -- to boost the transparency of an opaque $9 billion market in biofuel compliance credits amid allegations of manipulation, said
May 16, 2018 Read Full Article
Demand Destruction Part 2? Allowing Exports to Count Toward RFS Compliance
by Geoff Cooper (Renewable Fuels Association) ... Simply put, allowing exported ethanol to count toward compliance with an oil company’s RFS obligation would lead to further demand destruction for U.S. ethanol producers and corn growers who are already suffering the consequences
May 14, 2018 Read Full Article
Deal or No Deal– Either Way We Need to Keep Moving
by Doug Durante (Clean Fuels Development Coalition/Biofuels Digest) ... First of all the export RIN issue does raise trade questions but if RINS go back to pennies then it would be hard for anyone to consider it a subsidy. And how
May 11, 2018 Read Full Article
US EPA Climate Changing on 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 quarter of 2018. The EPA’s actions over the next several months will have ripple effects through the industry, in the
May 09, 2018 Read Full Article
UPDATE 1-U.S. Refiners Reap Big Rewards from EPA Biofuel Waivers
by Jarrett Renshaw (Reuters) The U.S. Environmental Protection Agency’s expanded use of waivers to free small refineries from the nation’s biofuels law has saved the industry as a whole hundreds of millions of dollars, according to a Reuters review of public
May 09, 2018 Read Full Article
Parties to White House Biofuel Deal Disagree What's Agreed
by Jennifer A Dlouhy and Mario Parker (Bloomberg) Tentative agreement struck during a White House negotiation; Refiners could benefit with biofuel exports allowed for quotas -- A tentative deal on U.S. biofuel policy struck at the White House would allow year-round sales of higher-ethanol gasoline in
May 09, 2018 Read Full Article
Stay Vigilant: The Importance of Paying Attention and Remaining Active in Ethanol Advocacy.
by Brian Jennings (Ethanol Producer Magazine/American Coalition for Ethanol ) ... The timing of this year’s fly-in was fortuitous, amid talk of “win-win” deals for refiners and biofuel producers and a snowstorm that put the citizens of D.C. on edge. Our
April 30, 2018 Read Full Article
Urban Air Initiative: Leading Off -- Why Did a Retired Oil Refinery Engineer Turn into an Ethanol Advocate?
(Urban Air Initiative) The resistance to ethanol expansion is really about politics and a desire to squash competition. But if you weed through all of PR campaigns and simply evaluate fuel options from the perspective of what's best for the average
April 27, 2018 Read Full Article
Washington Insider: Biofuels Mandates Under Pressure
(DTN The Progressive Farmer) Oil state partisans, including certain refiners, have raged about a credit-trading market within the program that they say causes undue economic pain. The biofuels industry counters that those compliance credits, known as renewable identification numbers, are essential
April 26, 2018 Read Full Article
EPA Data Shows Small Refiner Waivers Have Lowered 2016, 2017 RFS Blending Obligations by 1.6 Billion Gallons
by Emily Druckman (Renewable Fuels Association) EPA’s recent actions in exempting small refineries from their Renewable Fuel Standard blending obligations for 2016 and 2017 have effectively lowered the volumetric obligations by at least 1.6 billion gallons, according to an analysis of
April 25, 2018 Read Full Article
Where Do Biofuels Stand? You Can't Always Get What You Want
by Kelsey Tamborrino (Politico's Morning Energy) Despite efforts by President Donald Trump to settle a long-running dispute between ethanol backers and the refining industry, progress on a biofuels deal has stalled. Instead, the administration has taken a piecemeal approach to the
April 23, 2018 Read Full Article
Perdue's Strong First Year at USDA May Be Clouded by Ethanol Doubts
by Chuck Abbott (Successful Farming) ... In May 2017, during his (Agriculture Secretary Sonny Perdue) first month as secretary, he created the post of undersecretary for trade, a longtime goal of farm groups, as part of redrawing USDA’s organizational chart. ... If Perdue
April 20, 2018 Read Full Article
King Tells Iowa RFA: “I Want Ethanol sold TO, THROUGH, and BEYOND the E15 Blend.”
(4-Traders) Congressman King Pledges Continued Biofuel Support to Iowa Renewable Fuels Association -- Congressman Steve King, a member of the House Agriculture Committee, released the following statement after meeting today with members of the Iowa Renewable Fuels Association. During their meeting, Congressman
April 18, 2018 Read Full Article
REX American: A Good To Great Ethanol Company
(Viking Analytics/Seeking Alpha) REX consistently outperforms its peers in making ethanol profitably. REX has zero debt, a large cash position, and has announced plans to buy back more shares. Stuart Rose, the Chairman of REX, displays the characteristics of a Level 5 Leader.
April 17, 2018 Read Full Article
In Boost for Farmers, Trump Says He May Allow E15 Gasoline Sales All Year
by Jeff Mason (Reuters) U.S. President Donald Trump said on Thursday his administration may allow the sale of gasoline containing 15 percent ethanol year-round, which could help farmers by firing up corn demand but faces opposition from Big Oil. ... “We’re going to
April 13, 2018 Read Full Article
Trump to Put Biofuel Reform Push on Ice, for Now: Sources
by Jarrett Renshaw (Reuters) The Trump administration will delay any moves to reform the nation’s biofuel policy for about three months, according to three sources briefed on the matter - a decision one of the sources said was meant to shield
April 11, 2018 Read Full Article
RFS Wrangling Continues: GOP Senators Ask for Small-Refiner Waiver Suspension
by Todd Neeley (DTN The Progressive Farmer) Details have yet to emerge from a planned meeting at the White House on Monday between President Donald Trump and members of his cabinet regarding possible changes to the Renewable Fuel Standard. The meeting reportedly
April 10, 2018 Read Full Article
Rep. Collin Peterson Voices Support For Minnesota's Ethanol Industry
(Minnesota Bio-Fuels Association) Rep. Collin Peterson visited the Chippewa Valley Ethanol Company (CVEC) plant in Benson on March 28 to reiterate his support for Minnesota’s ethanol industry. “Chippewa Valley Ethanol Company is doing some exciting work and are continuing to find new
April 03, 2018 Read Full Article
EPA Actions on the RFS are Destroying Demand for Ethanol and Corn
by Geoff Cooper (Renewable Fuels Association) Recent actions by EPA have effectively reduced the Renewable Fuel Standard conventional renewable volume obligation (RVO) for 2016 by more than 1 billion gallons, and the agency appears poised to take similar actions to effectively
April 03, 2018 Read Full Article
How EPA Is Destroying Demand for Ethanol and Corn
by Cindy Zimmerman (Energy.AgWired.com) Recent actions by EPA have effectively reduced the Renewable Fuel Standard conventional renewable volume obligation (RVO) for 2016 by more than 1 billion gallons, and the agency appears poised to take similar actions to effectively reduce the
April 02, 2018 Read Full Article
BIO Comments on Proposed Settlement Agreement Between EPA and Philadelphia Energy Solutions on RFS Obligations
(Biotechnology Innovation Organization) BIO is greatly concerned by the Department of Justice's and Environmental Protection Agency's proposed Settlement Agreement to resolve a dispute about the PES Holdings' obligations under the Renewable Fuel Standard. ... This Settlement Agreement undermines the goals of the
April 02, 2018 Read Full Article
Exclusive: Trump Weighs Dropping Personal Efforts on Biofuel Reform - Sources
by Jarrett Renshaw (Reuters) President Donald Trump is seriously considering abandoning efforts to remake the nation’s biofuel laws after wading deep into an issue that divides some of his core constituencies, according to three sources familiar with the administration’s thinking. Advisers
March 30, 2018 Read Full Article
RFA Leader: EPA Eroding RFS -- Assistant to President Says Search Continues for a Win-Win Proposal
by Chris Clayton (DTN The Progressive Farmer) A special assistant to President Donald Trump on agriculture said Wednesday, "the search for a win-win continues" in the debate over how to relieve oil refiners of their obligations under the Renewable Fuels Standard. Ray
March 22, 2018 Read Full Article
Trump Administration Preparing List of Possible Biofuels Tweaks - Sources
by Jarrett Renshaw (Reuters) The heads of the U.S. Environmental Protection Agency and Agriculture Department are scheduled to meet on Tuesday to winnow down proposals to lower the cost of the nation’s biofuels policy to oil refiners, according to two sources
March 20, 2018 Read Full Article
Corn-State Senators Seek Trump Meeting as U.S. Biofuel Changes Loom
by Jarrett Renshaw (Reuters) A group of senators from U.S. corn states have asked President Donald Trump for a meeting about the nation’s biofuels law, amid expectations the administration will soon act to lower the regulation’s costs to the oil refining
March 18, 2018 Read Full Article
Environmental Groups Back Ted Cruz, Republicans on Overhaul of Renewable Fuel Standard
by Ben Wolfgang (Washington Times) Green organizations back ending corn ethanol mandate -- ... The intense opposition to the RFS from environmental and conservation groups comes as the White House and congressional leaders work to craft the most serious reforms the program
March 16, 2018 Read Full Article
Oklahoma Cellulosic Diesel Facility Achieves D7 Q-RIN Status
by Ron Kotrba (Biomass Magazine) D7 renewable identification numbers (RINs) generated at a biorefinery in Oklahoma City producing cellulosic diesel fuel have been verified by Weaver and granted Q-RIN status. Weaver is an independent third-party auditor and U.S. EPA-approved RIN Quality
March 16, 2018 Read Full Article
The Digest’s 2018 Visual Guide to the Economics, Politics of Renewable Fuels
by Jim Lane (Biofuels Digest) Have you ever wondered why corn farmers march for the RFS, but Wall Streeters don't? Or why merchent oil refiners want the US Renewable Fuel Standard repealed but major oilcos generally support RFS reform? Why are biodiesel
March 16, 2018 Read Full Article
Biodiesel and 2nd Gen Biofuels Need Stable Tax Policy
by Cindy Zimmerman (Energy.AdWired.com) The House Ways and Means Subcommittee on Tax Policy heard from representatives of the biodiesel and advanced biofuels industries Wednesday on the need for “Post Tax Reform of Recently Expired Tax Provisions” that are helping move the nation toward
March 15, 2018 Read Full Article
Pruitt Looks to Stamp out RIN "Hoarding," Raises Possibility of Limits on Wall Street
by James Osborne (Houston Chronicle) EPA chief Scott Pruitt raised the idea Monday of limiting Wall Street's ability to trade the government-issued credits for ethanol and other biofuels in an effort to aid oil refineries. ... In a meeting with reporters at the Environmental
March 13, 2018 Read Full Article
White House Postpones Talks on US Biofuel Mandate: Refinery Source
by Meghan Gordon bankr(Platts) The White House has postponed a fourth round of talks between refinery and biofuel interests about reforming the US biofuel mandate, according to a refinery source close to the negotiations. The meeting set for Thursday may have been
March 13, 2018 Read Full Article
RIN Price Cap a Demand Cap: Oil Industry Study Makes Ethanol Industry's Case on Motive, Impact
by Chris Clayton (DTN The Progressive Farmer) A study commissioned by the country's largest oil refiner explains how a waiver credit would freeze ethanol demand. Ethanol industry groups are pointing to several statements in the oil industry's own report to make the
March 12, 2018 Read Full Article
Ethanol Plant Operators Say No to RIN Price Cap -- Comments from Renewable Fuels Association Member Companies
(Renewable Fuels Association) Another White House meeting has been scheduled for Monday, March 12, to continue discussions between oil refinery and biofuels interests over the price of Renewable Identification Numbers, or RINs, which were created under the Renewable Fuel Standard (RFS)
March 09, 2018 Read Full Article
Bill Aims to Dismantle RFS, Limit Biofuel Blending
by Erin Voegele (Ethanol Producer Magazine) On March 8, Rep. Peter Welch, D-Vt., and Sen. Tom Udall, D-N.M., introduced companion bills that aim to dismantle the Renewable Fuel Standard and sunset blending obligations for conventional, advanced, cellulosic, and biomass-based diesel fuels. The
March 09, 2018 Read Full Article
Analysis: Cap on Conventional Ethanol RINs Will Reduce Biodiesel Market By 100-300 Million Gallons Per Year
(National Biodiesel Board) A new analysis by the National Biodiesel Board (NBB) and the World Agricultural Economic and Environmental Services (WAEES) found that capping the price of conventional biofuels’ Renewable Identification Numbers (RINs) will significantly harm the production of biodiesel and
March 09, 2018 Read Full Article
New Study: RIN Price Cap for E15 RVP Waiver “Deal” Would Cut Ethanol Consumption and Trounce Corn Prices
by Emily Druckman (Renewable Fuels Association) Any action to artificially cap Renewable Identification Number (RIN) prices in exchange for an RVP waiver allowing year-round sale of E15 would be a bad deal for rural America and the nation’s consumers, according to
March 08, 2018 Read Full Article
UPDATE 1-U.S. Refinery Workers Head to Washington to Urge Biofuels Reform
by Jarrett Renshaw (Reuters) A delegation of workers from U.S. oil refining companies that oppose the nation’s biofuels policy will converge on Washington on Wednesday to lobby lawmakers to find a way to lessen the regulation’s costs without hurting corn farmers
March 07, 2018 Read Full Article
EPA Unresponsive to Letter on Agency Position on RIN Prices
(Office of Senator Chuck Grassley (R-IA)/Ethanol Producer Magazine) U.S. Sen. Chuck Grassley, R-Iowa, today (March 1, 2018) issued the following statement on EPA’s official position, restated as recently as November 2017 that, “high RIN prices do not cause significant harm to
March 06, 2018 Read Full Article
New Study: Nearly 50,000 Iowa Jobs Tied to Biofuels
by Rod Swoboda (Wallaces Farmer) With a White House meeting being held last week to discuss the fate of the Renewable Fuel Standard, a new study finds nearly 50,000 Iowa jobs are tied to biofuels production. Efforts by Sen. Ted Cruz of
March 06, 2018 Read Full Article
"That's Chuck Grassley. Should I Take the Call?" Klobuchar Keynote Ignites ABLC
by Jim Lane (Biofuels Digest) In Washington, an unplanned on-stage telephone conversation between Senators Amy Klobuchar and Senator Charles Grassley of Iowa was the highlight of ABLC 2018 as high drama at the White House over biofuels policy turned for
March 05, 2018 Read Full Article
Exclusive: Trump Calls Meeting on Biofuels Policy after Refiner Bankruptcy
by Jarrett Renshaw (Reuters) U.S. President Donald Trump has called a meeting early next week with key senators and Cabinet officials to discuss potential changes to biofuels policy, which is coming under increasing pressure after a Pennsylvania refiner blamed the regulation
February 26, 2018 Read Full Article
Ethanol Industry Speaks out against PES Anti-RFS Rally
by Erin Voegele (Ethanol Producer Magazine) On Feb. 21, Sen. Ted Cruz, R-Texas, spoke at a rally against the Renewable Fuel Standard hosted by Philadelphia Energy Solutions Inc., a refiner that recently blamed the RFS and renewable identification number (RIN) prices
February 21, 2018 Read Full Article
Refiner Goes Belly-up after Big Payouts to Carlyle Group
by Jarrett Renshaw (Reuters) Throughout 2016 and 2017, a rail terminal built to accept crude oil for the largest East Coast refinery often sat idle, with few trains showing up to unload. Although little oil flowed, plenty of money did. Under a deal Philadelphia
February 20, 2018 Read Full Article
U.S. Senator's Biofuel Overhaul Faces Resistance
by Jarrett Renshaw (Reuters) Texas Senator John Cornyn’s plan to overhaul U.S. biofuels policy faces resistance from the oil and ethanol sectors, reducing chances of a reboot to the controversial regulations, sources familiar with the matter said. The plan, which the sources said
February 17, 2018 Read Full Article
Analysis: RIN Prices of ‘Just a Few Cents’ are Coming—Without Changes to RFS
by Emily Druckman (Renewable Fuels Association) A new analysis from the University of Illinois shows that the conditions that caused high conventional biofuel (D6) RIN prices are changing rapidly and that “…it is not out of the realm of possibility for D6 RINs
February 16, 2018 Read Full Article
EPA RIN Market Data Poor: CFTC Can't Draw Conclusion on RIN Market Based on EPA Data Provided
by Chris Clayton (DTN The Progressive Farmer) The chairman of the Commodity Futures Trading Commission told senators Thursday the Environmental Protection Agency hasn't been able to provide the CFTC with enough quality data on the biofuels trading market for CFTC regulators
February 16, 2018 Read Full Article
Grassley: RFS Has Minimal Impact on Success of Refineries
by Erin Voegele (Ethanol Producer Magazine) Sen. Chuck Grassley, R-Iowa, has released a memo produced by his energy policy staff that finds that Renewable Fuel Standard blending requirements and the cost of renewable identification numbers (RINs) have little to do with
February 06, 2018 Read Full Article
Ethanol Blog Harvard Professor: Year-Round E15 Sales Would Reduce Biofuel Credits Costs
by Todd Neeley (DTN The Progressive Farmer) As debate rages on about whether the price of biofuels credits in the Renewable Fuel Standard are putting small refiners out of business, a little-known analysis by a Harvard University economics professor last summer
February 06, 2018 Read Full Article
Bankrupt Refiner Made Missteps
by Bob Dinneen (Renewable Fuels Association/Washington Times) The oil industry’s campaign to undermine the growth of domestically produced renewable fuels such as ethanol has certainly been ramped up lately. Today they’re callously capitalizing on the financial woes of one of the
February 05, 2018 Read Full Article
QUOTE OF THE WEEK
The biofuels-related portion of the 2018 election campaign season is off to a quick start with Jeff Broin, founder and CEO of POET, making a case for including the expansion of ethanol markets via year-round consumer choice of E15 across the
February 02, 2018 Read Full Article
Broin Brings E15 Message to Pence Summit at Trump Hotel
(The Fence Post/Hagstrom Report) Jeff Broin, founder and CEO of POET, the South Dakota company that builds and manages ethanol plants, brought his view that the government needs to authorize the sale of E15 blend year-round to a State of the
February 02, 2018 Read Full Article
What’s the Real Story behind Philadelphia Energy Solutions’ Bankruptcy, Crude Oil, and the Renewable Fuel Standard?
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 barrels per day, filed for Chapter 11 bankruptcy, blaming Renewable Fuel Standard (RFS) compliance costs. In the week since the filing, the Washington Examiner reports
February 02, 2018 Read Full Article
Refiner Bankruptcy Adds to Pressure to Overhaul Biofuel Program
by Jennifer A Dlouhy and Mario Parker (Bloomberg) Biofuel mandate overhaul mulled by Congress after bankruptcy; Unions and Pennsylvania politicians seek immediate action -- The bankruptcy of Philadelphia Energy Solutions LLC, the biggest refiner on the U.S. East Coast, has invigorated efforts to overhaul a 13-year-old federal
February 01, 2018 Read Full Article
ACE Presents on Ethanol Markets at MN Ag Expo
(American Coalition for Ethanol/Ethanol Producer Magazine) Ron Lamberty, senior vice president of the American Coalition for Ethanol, updated attendees at the MN Ag EXPO in Mankato, Minnesota, on the changing landscape that allows retailers to offer ethanol-blended fuels at lower prices, highlighting
January 30, 2018 Read Full Article
Exclusive: U.S. Small Refiners Make Surge of Biofuel Waiver Requests - Sources
by Jarrett Renshaw (Reuters) More than two dozen small U.S. refineries are seeking waivers from the nation’s biofuels law, an unusually high number that reflects growing oil industry resistance to the program, according to sources familiar with the matter. Prices of the
January 25, 2018 Read Full Article
Unexpected Incentive
by Lisa Gibson (Ethanol Producer Magazine) RIN values do affect fuel prices, but Ron Lamberty, senior vice president of the American Coalition for Ethanol, says it’s not the effect many assume. -- ... A higher RIN, they say, increases the price of
January 24, 2018 Read Full Article
Sweet Sorghum as an Ethanol Feedstock in Western Nebraska - Could It Happen?
by Richard Perrin, Lilyan Fulginiti, Subir Bairagi, Ismail Dweikat (KRVN) It has been proposed that non-irrigated sweet sorghum might be grown in western Nebraska as a seasonal substitute for corn grain in corn ethanol plants. In the research summarized here1, we
January 20, 2018 Read Full Article
RFS Standstill -- Dinneen: Oil, Ethanol Meetings Not Scheduled Yet, Likely Not Constructive
by Todd Neeley (DTN The Progressive Farmer) President Donald Trump's administration and some members of Congress want oil and ethanol interests to just get along and work out their differences on the Renewable Fuel Standard. But the leader of the nation's
January 14, 2018 Read Full Article
RFS Roundup: Economists Largely Agree RINs Not Wreaking Havoc on Refining Industry
by Jessie Stolark (Environmental and Energy Study Institute) ... The argument is roughly – increased biofuels mandates lead RINs to spike in cost, translating to billions in compliance costs, particularly for small refiners. While somewhat logical, as higher RINs costs have
January 14, 2018 Read Full Article
2017 Wrap-Up: Maintaining the Status Quo
by Michael McAdams (Advanced Biofuels Association/Biomass Magazine) Last year was among the most active and interesting years we’ve seen in the biofuels space. The industry has confronted multiple challenges over the past 12 months, culminating in meetings between senators supportive of
January 05, 2018 Read Full Article
What Exactly Is a RIN?
(Southern Farm Network Today) Texas Senator Ted Cruz recently proposed to put a cap on the price of Renewable Identification Numbers (RINs) as a way to control the cost for refiners that blend renewable fuels into the nation’s gasoline supply. What
January 04, 2018 Read Full Article
Cruz Taps Texas Mistrust of Ethanol
by James Osborne (Houston Chronicle) Attack on federal biofuels mandate provides chance to appeal to base -- ... But for the junior senator, facing re-election this year as Democrats show new swagger in the age of Trump, ethanol provides the chance to appeal
January 03, 2018 Read Full Article
How Refiners Can Lower the High Price of Renewable Fuel Credits: Invest
by James C. Greenwood (Biotechnology Innovation Organization/The Hill) ... The refiners want to lower the price of renewable identification numbers, or RINs, which are the credits they must accumulate to prove compliance with the program — every gallon of biofuel that
December 29, 2017 Read Full Article
Cruz Proposal Could Harm Corn Ethanol, Analysis Finds
by Todd Neeley (DTN/KTIC) Capping the price of biofuel credits at 10 cents would essentially eliminate the Renewable Fuel Standard mandate for biodiesel and possibly hurt corn-based ethanol, according to an analysis by farmdoc at the University of Illinois Urbana-Champaign. In meetings
December 26, 2017 Read Full Article
U.S. Renewable Fuel Credits Pressured by Biodiesel Tax Credit Optimism
by Michael Hirtzer (Reuters) U.S. renewable fuel credits remained under pressure on Thursday as expectations mounted that lawmakers may soon renew a $1-per-gallon rebate for biodiesel blenders that could curb worries over tight supplies in the thinly-traded market. Prices of the biomass-based diesel
December 26, 2017 Read Full Article
The Biofuels Industry Reacts to White House RFS Meetings
by Erin Voegele (Ethanol Producer Magazine) President Trump has hosted two meetings in recent weeks with Sen. Ted Cruz, R-Texas, and others focused on the Renewable Fuel Standard and renewable identification numbers (RINs). Those representing the biofuels industry are speaking out
December 22, 2017 Read Full Article
U.S. Midwest Lawmakers Will Consider Biofuel Changes to Help Refiners
by Jarrett Renshaw (Reuters) U.S. lawmakers from states that produce corn for ethanol plants said on Wednesday they would consider proposals from Senator Ted Cruz of Texas to help the oil refining industry cope with the nation’s biofuels regulation, but would never
December 14, 2017 Read Full Article
Pruitt Discusses Administration of RFS Program during Hearing
by Erin Voegele (Ethanol Producer Magazine) On Dec. 7, U.S. EPA Administrator Scott Pruitt appeared before the House Subcommittee on Energy and Commerce to provide testimony the mission of the EPA. The Renewable Fuel Standard was among the topics discussed during
December 08, 2017 Read Full Article
Pruitt Takes a Bow in Iowa: EPA Chief Touts Optimism, RFS Rules and Different Regulatory Philosophy Under Trump
by Chris Clayton (DTN The Progressive Farmer) ... In a large farm shop with ethanol and biodiesel posters adorning the walls, Pruitt touted his two biofuels announcements in recent weeks. He noted EPA had struggled under the Obama administration to meet
December 05, 2017 Read Full Article
RFA Slams Texas Governor for Requesting RFS Waiver
by Meghan Sapp (Biofuels Digest) In Washington, in a letter to EPA Administrator Scott Pruitt on Friday, Texas Gov. Greg Abbott (R) asked the agency to waive Renewable Fuel Standard (RFS) Renewable Volume Obligations (RVOs) for his state to no more
December 05, 2017 Read Full Article
Take a Pass?
by Anthony Adragna (Politico's Morning Energy) Ahead of a Thursday meeting between Trump, Sen. Ted Cruz and other senior officials about biofuels policy, Texas Gov. Greg Abbott formally asked for a Renewable Fuel Standard waiver from Pruitt. "The time is ripe
December 04, 2017 Read Full Article
Drivers May Bear the Brunt of U.S. Biofuel Quotas
by Laura Blewitt (Bloomberg) With higher blend credit prices come stronger gasoline margins; Refiners likely to pass higher costs at the pump: Wells Fargo -- ... Despite the petroleum lobby’s efforts, the Environmental Protection Agency last week rejected a petition from independent refiners including Valero Energy
November 28, 2017 Read Full Article
For First Time, Biodiesel Leadership Weighs In With President Trump on RFS, Calls out Contradictions in Refiners' Arguments
(National Biodiesel Board) NBB's Governing Board Members Emphasize That Growth in RFS Volumes is Needed -- Today the executive leadership of the National Biodiesel Board (NBB) sent a letter to President Trump regarding the Renewable Fuel Standard (RFS). In the letter, the
November 16, 2017 Read Full Article
Struggling Philadelphia Refiner Sells Biofuel Credits, Raises Cash: Sources
by Jarrett Renshaw, Chris Prentice (Reuters) Oil refiner Philadelphia Energy Solutions (PES) has raised tens of millions of dollars in cash by selling U.S. biofuels credits in recent weeks, according to sources familiar with the transactions, an unusual move for a company