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 more diverse renewable fuels. Listen to Hubbard’s opening statement here: Listen to part of Meyer’s opening statement: Listen to Michael McAdams …
Iowa Biofuels Groups Spotlight Oil Industry Study
Iowa Renewable Fuels Association Executive Director Monte Shaw and Iowa Biodiesel Board Executive Director Grant Kimberley held a joint press conference Friday to discuss an oil industry study make public by Reuters that shows putting a cap on prices for Renewable Identification Numbers (RINS) would not be the “win-win” that Senator Ted Cruz of Texas has repeatedly said he wants for both the oil and …
Fuel Retailers Join Chorus Against RIN Price Cap
The American Coalition for Ethanol (ACE) gathered together three fuel retailers who market higher ethanol blends to talk about why a cap on the price of Renewable Identification Numbers (RINS) would be detrimental to their businesses. Bruce Vollan of Midway Service in South Dakota, Charlie Good of Good & Quick in Iowa, and Mike Lewis of Pearson Fuels in California, have all …
Ethanol Plant Operators Say No to RIN Price Cap
Discussions are expected to continue this week between oil refinery and biofuels interests over the price of Renewable Identification Numbers, or RINs, which were created under the Renewable Fuel Standard (RFS) as a way to encourage refiners to blend more biofuels. Renewable Fuels Association (RFA) member plant owners are united in their opposition to the idea of capping RIN prices …
Ethanol Interests Shout Opposition to RIN Price Cap
As concerns began to grow late last week that the Trump Administration was leaning toward a cap on prices for Renewable Identification Numbers (RINs) to appease oil refinery interests, biofuel interests went into high gear to get the word out about how that action would devastate the Renewable Fuel Standard (RFS). A White House meeting was reportedly set for today …
Ethanol Report on RFA Educational Efforts
The Renewable Fuels Association (RFA) is targeting boaters and future drivers in educational efforts for 2018 with the renewal of its co-title sponsorship of the Crappie Masters Tournament Trail, and the launch of an on-line Ethanol in the Classroom program. In this edition of The Ethanol Report podcast, RFA Vice President of Industry Relations Robert White talks about the importance …
Ethanol Report on 2017 Production
Ethanol production averaged over a million barrels per day (b/d) for 44 out of 52 weeks in 2017 which means another record year for the industry. And despite a very average growing season, corn yield for 2017 is estimated at a record high 176.6 bushels per acre, and production was only down four percent because farmers planted less acres. In …
Ethanol Report on 2017
All in all, 2017 was a pretty good year for the ethanol industry with a new advocate in the White House and record production. Among the highlights of the year, increased exports despite Brazil taking a protectionist stance against ethanol imports, EPA releasing new RVO numbers on time, and ethanol champions rally to protect the RFS and win. In this …
Ethanol Report on RFS2 10th Anniversary
Ten years ago this month, just days before Christmas, President George W. Bush signed into law the Energy Independence and Security Act which greatly expanded the Renewable Fuel Standard (RFS) to include up to 36 billion gallons of biofuels by 2022. The expansion became known as RFS2, like the sequel to a big movie that had just been released two …
Biofuels Industry Reaction to Final RVO Numbers
The Environmental Protection Agency (EPA) released today its final Renewable Fuel Standard (RFS) renewable volume obligations (RVOs) for 2018. The agency finalized a total renewable fuel volume of 19.29 billion gallons, including 4.29 billion advanced biofuel – a slight increase from the proposal – and 288 million gallons of cellulosic biofuel. The agency maintained the requirement for conventional renewable fuels …
Ethanol Industry Asks USTR to Suspend Brazil GSP Status
The U.S. ethanol industry is asking U.S. Trade Representative Robert Lighthizer to suspend Brazil’s designated country status under the Generalized System of Preferences (GSP) due to “protectionist and market distorting actions in implementing a Tariff Rate Quota (TRQ) that affects imports of U.S. ethanol.” A letter was sent to Lighthizer this week, signed by the Renewable Fuels Association (RFA), Growth …
Ethanol Report on the Road with E85
With more than 4,000 E85 stations across the nation and more being added every day, drivers of flex fuel vehicles could possibly drive across the country on only 85 percent ethanol with a little planning and a lot of E85prices.com. Renewable Fuels Association (RFA) Vice President of Industry Relations Robert White took his work on vacation this summer, taking the …
Ethanol Report: Industry Putting Pressure on EPA
With the deadline this week to comment on EPA’s recent Notice of Data Availability that would further lower biofuels volume levels under the Renewable Fuel Standard (RFS), industry supporters have been putting pressure on the agency to uphold President Trump’s campaign promises. In this edition of the Ethanol Report podcast, Renewable Fuels Association (RFA) president and CEO Bob Dinneen discusses …
Ethanol Report on EPA RFS Notice
The Environmental Protection Agency released its proposed Renewable Fuel Standard (RFS) renewable volume obligations (RVOs) for 2018 on July 5, the comment period just ended on August 31, and then this week EPA gave notice that it is seeking comment on options for further reductions in the biomass-based diesel, advanced biofuel and total renewable fuel volumes. Renewable Fuels Association (RFA) …
Ethanol Fuels Crappie Masters Championship
The recent 2017 Crappie Masters National Championship, sponsored in part by the Renewable Fuels Association, American Ethanol, and Bass Pro Shops, saw Missouri fishermen Paul Alpers and Phillip Haynes finishing on top. The partners fought unseasonably hot weather and dropping river levels as they brought in a two-day total weight of 21.89 pounds. They use ethanol in their vehicles and …