Tag: Bob Dinneen

Congress renews tax breaks for wind, biofuel

The move means taxpayers can claim the cuts and credits on their 2014 tax returns, but there is no guarantee they will be back in 2015.  More »

EPA sends biofuel mandates to White House

The White House is now reviewing the Environmental Protection Agency’s planned quotas for renewable fuels, a major milestone in the long path to setting this year’s biofuel mandates.  More »

Feds slash ethanol mandate for gasoline in nod to oil industry

The Environmental Protection Agency on Friday proposed cutting the amount of renewable fuels that petroleum producers would be required to blend into gasoline and diesel next year, the first time the agency has lowered its annual target.  More »

AAA asks feds to slash renewable fuel requirements

It’s time for the federal government to “put motorists first” by lowering renewable fuel requirements that could cause gas prices to climb, the automotive club AAA said Monday.  More »

Industry warns of gasoline spike in formal plea against ethanol mandate

Failing to drop the renewable fuel quotas could cause gasoline prices to spike and result in “severe economic harm” for the United States, said the American Petroleum Institute and the American Fuel and Petrochemical Manufacturers, in their first-ever formal request for a waiver of the eight-year-old mandate.  More »

EPA lowers target for cellulosic biofuels in gasoline

The Obama administration on Tuesday formally told refiners to blend 16.55 billion gallons of renewable fuels into the nation’s gasoline supply this year, while paring some targets that the oil industry had criticized as too ambitious.  More »

Oil industry loses legal battle against E15

The Supreme Court on Monday dealt a big blow to the oil industry, when it decided not to hear a legal challenge against the federal government’s decision to approve the sale of fuel containing 15 percent ethanol.  More »

Fast food chains put renewable fuel mandate repeal on the menu

Chain restaurants on Thursday launched a campaign aimed at repealing a renewable fuel mandate they say is hiking costs for franchisees nationwide.  More »

Ethanol brawl heats up between oil and corn industries

A fight between oil giants and the ethanol industry is escalating, as a new oil industry study says ethanol in fuel will hurt consumers and the economy, and ethanol producers say oil producers and refiners simply want to protect their market.  More »

Energy and environment leaders respond to Obama’s reelection

President Barack Obama’s reelection drew enthusiastic applause from environmental activists, muted congratulations from the oil industry and plenty of advice for the future from both camps.  More »

Report casts doubt on E15 use in cars & trucks

Automakers and the oil industry released a report today that casts doubt on the safety of gasoline containing 15 percent ethanol and shows that at least some engines running the fuel suffered damage during recent testing.  More »

Senators ink deal to end $6 billion in annual ethanol subsidies *updated*

But under the compromise announced by three key senators today, a 45-cent-per-gallon ethanol tax credit would be replaced by extending existing tax credits for cellulosic biofuels and alternative fueling infrastructure.  More »

Senate showdown on ethanol subsidies looms

The Senate will vote Tuesday on a proposal by Sen. Tom Coburn, R-Okla., to axe $6 billion in annual tax incentives for the corn-based fuel.  More »

EPA green lights E15 for older cars and trucks

Over the objections of refiners and automakers, the Environmental Protection Agency today endorsed the use of higher ethanol-blended fuel in passenger cars manufactured in the past 10 years. (AP file photo/Matt Rourke)  More »