by Steve Everly (Kansas City Star) ... Ethanol has so far reduced the need for petroleum in gasoline by about 7 percent, which no other alternative fuel has come close to doing. But a shift is already in the works. ... In practice it
RINs price
Back TO HOMEBad Ethanol Policy Is a Job Killer
by Patrick Meehan and Pat Eiding (The Wall Street Journal) The price of EPA compliance rose 3,625% since the end of 2012. ... As a display of regulatory failure at its finest, current regulations place the compliance obligation on refiners rather than on
September 03, 2013 Read Full Article
US RINs Prices Continue Slump Despite Looming Blend Wall
(Platts) US RINs prices continued to slide Wednesday, reflecting a widespread morning market selloff and despite a later bounce after US gasoline stocks data was released. All current-year RINs assessments fell for the sixth time in the last seven sessions. ... Current-year ethanol
August 29, 2013 Read Full Article
Rising RINs Price Is Driving Some Companies to Boost Their Ethanol Activities
by Janet McGurty (Platts) ...This month PBF Energy and Alon USA both told analysts they had new plans to blend renewables like ethanol and biodiesel with gasoline and petroleum-based diesel as a way to fend off high prices for renewable credits, known as RINs. Refiners
August 23, 2013 Read Full Article
Who Will Buy Syntroleum?
by Jim Lane (Biofuels Digest) A month ago this week, Syntroleum (owner of a half interest in Dynamic Fuels, the renewable diesel technology) announced that it was “evaluating strategic alternatives” — and just a few days later revealed that it
August 21, 2013 Read Full Article
Is 2014 the Year of E85?
by Jim Lane (Biofuels Digest) As a Perfect Storm of price problems ends, will E85 finally find its market and help end a divisive debate over ethanol distribution? 2014 is the year of E85, if there ever was one. Or will
August 16, 2013 Read Full Article
U.S. Refiners, Plagued by RINsanity, See 'Half Step' on Biofuels
By Sabina Zawadzki (Reuters) For U.S. refiners facing a multibillion-dollar bill linked to the soaring cost of renewable fuel credits, a U.S. move toward easing biofuel mandates brought to mind the first step in breaking a bad habit: recognizing there
August 08, 2013 Read Full Article
Refiner Valero Sees Profit Recovery if Discounts Widen
by Kristen Hays (Reuters) ... Rising costs of ethanol credits mandated by the U.S. government also weighed on profits, Valero said. The company warned on July 11 that its second-quarter profit would be lower than a year earlier. Valero said its
July 26, 2013 Read Full Article
Corn-Based Ethanol RINs Drop on Speculation Law May Be Adjusted
by Mario Parker (Bloomberg) The value of certificates that track compliance with a U.S. law to use corn-based ethanol dropped the most since March on speculation Congress will adjust biofuel consumption targets. Renewable Identification Numbers, or RINs, for ethanol made from
July 26, 2013 Read Full Article
The US Renewable Fuel Standard and Repeal, Reform: The Digest’s 5 Minute-Guide
by Isabel Lane (Biofuels Digest) Yesterday in DC, the House Energy & Commerce committee convened a major hearing on the US Renewable Fuel Standard — primarily on the short-term impacts of the ethanol blend wall and the impact on RIN
July 24, 2013 Read Full Article
Summer Gas Prices Climb as 1 Gallon Costs an Average of $3.69 in Utah
by Kirby Brown (Deseret News) According to AAA, the average price for a gallon of regular gas in Utah runs about $3.69. By comparison, AAA says the average cost of a gallon of regular gas in the neighboring states of Nevada,
July 23, 2013 Read Full Article
American Petroleum Institute Launches New Campaign
by Joanna Schroeder (DomesticFuel.com) American Petroleum Institute (API) has launched a new campaign featuring print and TV ads taking aim at E15 and the Renewable Fuel Standard (RFS). The ethanol industry responded and Bob Dinneen, President and CEO of the
July 16, 2013 Read Full Article
US Ethanol Credits Soar to Fresh High
by Gregory Meyer (Financial Times) ...The credits, known as renewable identification numbers, jumped to a record $1.25 per gallon early on Monday, surpassing previous levels reached in March, according to Starfuels, a broker. US federal law requires refiners and wholesalers to
July 16, 2013 Read Full Article
Refiners Backed Against E10 Blendwall
(American Fuel & Petrochemical Manufacturers/PR NewsWire) The American Fuel & Petrochemical Manufacturers (AFPM) highlight the testimony of Valero Energy Corporation Chairman of the Board and Chief Operating Officer William R. Klesse who testified before the Senate Committee on Energy and Natural Resources
July 16, 2013 Read Full Article
ANALYSIS-New EPA Rules Could Cripple Brazil-U.S. Ethanol Trading
by Cezary Podkul (Reuters/CNBC) Importing cheap Brazilian ethanol into the United States could become much less profitable next year if a proposal by the Environmental Protection Agency to expand tough documentation and transportation rules to non-U.S. producers takes effect. The proposal,
July 15, 2013 Read Full Article
U.S. Ethanol RINs Reach Record Highs on Consumption Targets
by Mario Parker (Bloomberg) Renewable Identification Numbers for ethanol rose to record levels on concern the U.S. won’t adjust consumption targets. RINs, the credits that help the Environmental Protection Agency track whether refiners are meeting federal biofuel-use mandates, jumped 10 cents
July 11, 2013 Read Full Article
COLUMN-Biodiesel Could Ease U.S. "Blend Wall": Wynn
by Gerard Wynn (Reuters) Biodiesel could in future ease so-called ethanol "blend wall" concerns facing the U.S. transportation fuel industry, whose capacity to blend corn ethanol in gasoline is nearing its physical limit. The biodiesel industry has ample production capacity and
July 08, 2013 Read Full Article
Largest Green Diesel Plant Completed in US, Diamond Green Diesel: Can It Make Money?
by Jim Lane (Biofuels Digest) A now-complete 142 million gallon green diesel monster project will easily deliver big on renewable energy targets and greenhouse gas emissions reduction. But it also offers a material path to profits for its parents, Valero Energy
July 01, 2013 Read Full Article
RIN Amounts Indicate Positive Trend for Biodiesel
by John Davis (DomesticFuel.com) Environmental Protection Agency (EPA) figures for Renewable Identification Numbers (RINs) shows in 2.5 billion 2012 RINs across the biodiesel (D4), advanced (D5), and renewable (D6) categories. Of this total, just over 2 billion D6 RINs were
June 27, 2013 Read Full Article
FEATURE: Biojet Backers See US RINs Eligibility as Vital to Long-Term Viability
by Herman Wang and Matthew Kolhman (Platts) Aviation biofuel's newly minted ability to generate tradable US renewables credits, known as RINs, may be key to the industry's economics, according to market watchers. "The availability of RINs is a critical bridge to commercial
May 07, 2013 Read Full Article
Ethanol Outpaced by Gasoline on Concern Blend Wall to Cap Demand
by Mario Parker (Bloomberg) ...“The only thing that worries me is the gasoline demand category,” said Jason Ward, an analyst at Northstar Commodity Investments Inc. in Minneapolis. “It’s key because if you start fading on gasoline demand, you will be capped. You
May 06, 2013 Read Full Article
CME, ICE Rivalry Enters Biofuel Arena
(Reuters/Chicago Tribune) The battle between CME Group Inc. and the IntercontinentalExchange moves to the market for biofuel credits next month. CME will launch contracts to trade renewable identification numbers (RINs) on May 13, two weeks after the ICE debuts its RIN
April 26, 2013 Read Full Article
Kinder Morgan Generating 700,000 RINS Per Month from Transmix Ops
(TankTerminals.com) April 22, 2013 [OPIS] - Thanks to its transmix operations, Kinder Morgan Energy Partners is seeing only upside from the steep escalation in the value of RINs, having reaped nearly $2 million from their sale in the first quarter,
April 25, 2013 Read Full Article
CME Group Announces New Futures Contracts for Renewable Identification Numbers (RINs)
(CME Group/PR NewsWire) CME Group, the world's leading and most diverse derivatives marketplace, today announced the launch of nine new futures contracts for Renewable Identification Numbers (RINs). These contracts will be listed with, and subject to, the rules and regulations
April 25, 2013 Read Full Article
Ethanol RINs Market Explodes
by Susanne Retka Schill (Ethanol Producer Magazine) Lack of transparency makes market analysis difficult. ...The ethanol producer's role in RIN generation is basic: produce the physical gallons and fill in the required information to generate the RINs in the automated EMTS system.
April 24, 2013 Read Full Article
Institute for Energy Research’s Response to Politico Op-Ed Smells Like a Skunk
by Bob Dinneen (Renewable Fuels Association) ... (Robert) Murphy simply regurgitates Big Oil’s false argument that the RFS is driving up fuel costs. There’s not a shred of evidence to support that notion, but that’s never stopped these folks before. Murphy
April 24, 2013 Read Full Article
Fuels Battle Heats up as Congress Mulls Law Change
by Christopher Doering (Des Moines Register) The battle between U.S. ethanol producers and oil companies has reached a turning point, with the winners poised to gain an advantage over the future of the country’s energy mix and the losers forced
April 24, 2013 Read Full Article
Differing RINs Estimates Creates Confusion, Market Spikes
by Susanne Retka Schill (Ethanol Producer Magazine) Confusion remains over how to interpret and compare various estimates of renewable identification number (RIN) availability, said Nick Paulson, assistant professor in the Department of Agricultural and Consumer Economics at the University of Illinois.
April 23, 2013 Read Full Article
ICE to Launch D4, D5, D6 RIN Futures Contracts
by Erin Voegele (Ethanol Producer Magazine) IntercontinentalExchange (ICE), an operator of global markets and clearing house, has announced the introduction of new North American environmental futures contracts for three categories of renewable energy numbers (RINs), including biomass-based diesel D4 RINs,
April 23, 2013 Read Full Article
Kinder Morgan to Blend Biodiesel in Las Vegas, Phoenix in Early Q2
by Beth Evans (Platts) Kinder Morgan expects to begin biodiesel blending at its terminals in Las Vegas and Phoenix "in the early part of the second quarter," the company said Wednesday. Recently completed modifications at those terminals will allow for receipt,
April 23, 2013 Read Full Article
Who Killed $2.18 Gasoline?
by Jim Lane (Biofuels Digest) An explosive report from Bloomberg alleges that a pathway to $2.18 per gallon gasoline was developed at Chevron-Weyerhaeuser owned Catchlight Energy. Yet, the project was sidelined. Why? Was the project really saddled with a threshold
April 19, 2013 Read Full Article
Biofuels Digest’s 3-Minute Guide to the EIA Energy Outlook
by Jim Lane (Biofuels Digest) Eager to understand the bio investor impact from the EIA Short-Term Energy Outlook – but not crazy about reading 46 pages of dense text and graphics? Our 3-Minute Guide can help. ...We see four key trends. 1. Retail
April 10, 2013 Read Full Article
CME Plans to Introduce Ethanol RINs Contract by End of May
by Mario Parker (Bloomberg) CME Group Inc. (CME), owner of the world’s largest futures exchange, plans to start a contract for ethanol Renewable Identification Numbers by the end of May amid concern that higher RINs costs will boost gasoline prices. The
April 09, 2013 Read Full Article
RFA to House Energy & Commerce Committee: Let RFS Work and Solutions to Blend Wall Will Be Found!
(Renewable Fuels Association) The Renewable Fuels Association (RFA) today (April 5, 2013) responded to the questions posed by the U.S. House of Representatives’ Committee on Energy and Commerce in a white paper entitled, “Examining ‘Blend Wall’ Challenges”. The Committee is
April 08, 2013 Read Full Article
Ethanol Blending Margins, RFS2 Compliance, and the Price of Gasoline
by Scott Irwin and Darrel Good (FarmDocDaily) ...We concluded that the buying and selling of RINs within that supply chain results in something close to a zero-sum game in terms of profitability for the industry. The result is that high RINs
April 05, 2013 Read Full Article
7 Steps to Meeting US Renewable Fuels Targets
by Jim Lane (Biofuels Digest) We go through the renewable fuels math — and find that the nattering nabobs of negativism might have crowed too soon. ...Lately, the nattering nabobs appear to have landed at the American Petroleum Institute — which
April 05, 2013 Read Full Article
Study Shows RINs Not Factor in Higher Gasoline, Fuel Group Says
by Mario Parker (Bloomberg) A surge in the value of Renewable Identification Numbers for ethanol compliance isn’t one of the reasons for higher gasoline retail prices, the Renewable Fuels Association said, citing a study by Informa Economics Inc. ... “A fact-based
March 28, 2013 Read Full Article
Ethanol RINs Fall to Lowest Level in March on Slowing Demand
(Platts) Prices for 2012 and 2013 US ethanol renewable credits, also known as RINs, on Monday fell to their lowest levels in March on slowing demand from obligated parties, sources said. On Monday, 2012 and 2013 ethanol RINs were assessed at
March 26, 2013 Read Full Article
RFS: #1 on Big Oil Hitlist for a Reason
by Brooke Coleman (National Journal/Advanced Ethanol Council) First, let's assess what we know to be true ... RFS2 is just five years old. We are about one-third of the way through a 15-year commitment to diversify the liquid fuels marketplace with
March 26, 2013 Read Full Article
Senators Ask McCarthy to Outline Response to RIN Price Increase
by Erin Voegele (Ethanol Producer Magazine) Sens. David Vitter, R-La., and Lisa Murkowski, R-Alaska, have sent a letter to U.S. EPA administrator nominee Gina McCarthy, asking her to outline “how she will protect American citizens from rising gas prices due
March 25, 2013 Read Full Article
The RIN Fact Sheet: Understanding the EPA's Flexible System for Obligated Parties to Meet the Renewable Fuel Standard (RFS)
(Clean Fuels Development Coalition) Background: The Renewable Fuel Standard (RFS) was established under the Energy Policy Act of 2005 and later modified through the Energy Independence and Security Act of 2007. The RFS requires that specified volumes of renewable fuel
March 25, 2013 Read Full Article
Response to FT: E10 Blend Wall is Fiction
by Bob Dinneen (Renewable Fuels Association) In regard to your recent editorial (“Bloated biofuels,” March 20), you don’t need Bill Gates’ IQ to really understand what is going on with the so-called “ethanol blend wall” and Big Oil’s calls for
March 22, 2013 Read Full Article
Big Oil, Renewable Fuels Advocates Point Fingers at Each Other for High Gas Prices
by Dan Piller (Des Moines Register) Gasoline prices remain stuck above $3.50 per gallon despite the highest monthly domestic oil production in 21 years. Big Oil and renewable fuels advocates on Wednesday blamed each other for motorists’ continued pain at the
March 22, 2013 Read Full Article
Big Oil’s Choice: Complain About 70-Cent RINs, or Invest 6 Cents in Modern Infrastructure?
by Geoff Cooper (Renewable Fuels Association) ...Still, all this rhetoric from Big Oil about the economic impacts of RINs and the so-called “blend wall” got us thinking about a simple question: If oil refiners and gasoline marketers actually decided to invest
March 22, 2013 Read Full Article
Big Oil Calls for End of Renewable Fuel Standard
by Dan Piller (Des Moines Register) Major oil companies called on Congress Wednesday to repeal the Renewable Fuel Standard, the six-year-old federal law mandating biofuels use that is the base of demand for both ethanol and biodiesel. The American Petroleum Institute, which
March 21, 2013 Read Full Article
Ethanol Industry Responds to API’s Latest RFS Attack
by Erin Voegele (Ethanol Producer Magazine) The U.S. ethanol industry is responding to the oil industry’s latest attack on the renewable fuel standard (RFS). On March 20, the American Petroleum Institute released the results of a new study conducted by
March 21, 2013 Read Full Article
Update: Valero Says Ethanoll Blending Costs to Double or Triple this Year
by Alison Sider (Dow Jones Newswire/Lloyds) Valero Energy Corp. (VLO) said it will have to spend two or even three times as much as it did last year to comply with the federal ethanol blending requirement due to the high
March 21, 2013 Read Full Article
Operation Deathanol, RINs, and the Selling of the Fossil Fuels Story
by Jim Lane (Biofuels Digest) Read any stories about renewable fuels lately in mainstream media? Bet they’re bad ones. Here we look at the latest chapter in the “death to all renewables” propaganda war. If you are a reader of the
March 19, 2013 Read Full Article
Another Voice Calls for E85 as a Solution to the RINs Conundrum
by John Kingston (Platts) The idea of using E85 as a way out of the blendwall/RINs issue in the US has another backer. But it’s not a new backer. Well-known energy economist Phil Verleger several years ago first brought up the
March 18, 2013 Read Full Article
Ethanol Surplus May Lift Gas Prices
by Matthew L. Wald (New York Times) A glut of ethanol in the gasoline supply is threatening to push up prices at the pump and may have exacerbated the growing cost gap between regular gasoline and premium, some oil experts say. Refiners
March 18, 2013 Read Full Article
BP Biofuels: Time for “The Really Hard Yards” in Biofuels Commercialization
by Jim Lane (Biofuels Digest) At World Biofuels Markets, BP CEO Phil New delivered a keynote speech which attempted to turn the industry’s attention towards “the hard yards” of operational excellence, saying that “it is arguable that the time to talk
March 14, 2013 Read Full Article
Stop the RINsanity: Fact-Checking Big Oil’s Claims on RIN Price Effects
by Geoff Cooper (Renewable Fuels Association) Oil companies have suggested that increased prices for conventional ethanol RINs (Renewable Identification Numbers) are leading to higher gasoline prices at the pump. Some have even deceptively claimed RINs are adding as much as
March 13, 2013 Read Full Article
EPA Zeros Out 2012 Cellulosic RVO - Recognizes Phantom Fuels
(PR NewsWire/American Fuel & Petrochemical Manufacturers) American Fuel & Petrochemical Manufacturers (AFPM) President Charles T. Drevna issued the following statement following the withdrawal of its Petition for Waiver of the 2012 Cellulosic Biofuel Volumetric Requirements: "We appreciate the Environmental Protection Agency's (EPA) prompt
March 12, 2013 Read Full Article
Des Moines Company Keeps Tabs on Biofuel Production, Sales
by Dan Piller (Des Moines Register) EcoEngineers tapped by EPA to help audit RFS compliance. In a small office in the East Village of Des Moines, a handful of engineers and statisticians are hard at work keeping score on how much
March 12, 2013 Read Full Article
Debate Rages over Who Is to Blame for Rising RIN Prices
(Platts) Prices for renewable fuel credits cracked the $1 barrier Friday and RBOB prices settled sharply higher as the war of words over who is to blame for skyrocketing credits prices also escalated. ...RINs have shown "an incredible spike" in a