Tag: ethanol

Refiners to Obama: Keep renewable fuel quotas down

Refiners warned the administration that if it gives in to Corn Belt demands for higher mandates, it could cause gasoline prices to spike.  More »

Ethanol companies raided in EU benchmarks antitrust case

The European Union rekindled a probe into possible rigging of fuel-price benchmarks, raiding ethanol companies in the bloc 17 months after officials inspected three oil producers and industry publisher Platts.  More »

Houston pump prices could tumble below $3 per gallon

As fall approaches and gasoline prices continue to tumble, some Houston-area pumps could soon start selling gasoline for less than $3 per gallon, said Tom Kloza, GasBuddy’s chief oil analyst.  More »

Oil industry accuses administration of political motive in ethanol rules

The administration has yet to finalize the long-delayed 2014 biofuels proposals, but the American Petroleum Institute said Thursday the government may raise the ethanol requirements beyond previous predictions to help a Democrat locked in a closely matched U.S. Senate race in Iowa.  More »

Iowa Senate candidates stress support for ethanol

Ethanol production has become a key issue in Iowa’s closely matched U.S. Senate race, with both candidates pledging support for an industry that is important to the state’s corn-powered agricultural economy  More »

Largest corn waste-to-ethanol facility launches

Project Liberty is a $250 million joint venture between a Netherlands biotechnology company and POET, a Sioux Falls, South Dakota-based ethanol maker.  More »

Valero restarts ethanol plant

Valero bought the plant in March from Illinois-based Aventine Renewable Energy Holdings Inc. for $34 million, boosting the number of its ethanol plants to 11.  More »

Influence game: Shaping railroad safety rules

Billions of dollars are riding on how oil train safety rules are written, and lobbyists from the railroads, tank car manufacturers and the oil, ethanol and chemical industries have met 13 times since March with officials at the White House and the Pipeline and Hazardous Materials Safety Administration.  More »

Gulf dead zone should be smaller than 2013, tied to ethanol production

The annual Gulf of Mexico dead zone — which scientists tie to Midwest agriculture including ethanol production — is expected to be slightly smaller than last year but still around 5,000 square miles.  More »

Oil group: Biofuel delay risks gas price swings

The federal government is already seven months late in setting biofuel quotas for 2014, with the risk that tardiness will translate into volatile gasoline prices, the oil industry’s leading trade group said Wednesday.  More »

Canada to end tankers linked to Quebec explosion

Canada said Wednesday it was phasing out the type of rail tankers involved in last summer’s massive explosion of a runaway oil train that incinerated much of a town in Quebec, killing 47 people and prompting intense public pressure to make oil trains safer.  More »

Safety of oil tank cars draws scrutiny

Rail industry representatives on Tuesday told federal investigators they need clear government guidance on how to boost the safety of tank cars carrying crude oil and ethanol across the United States, lest they be penalized for making voluntary improvements that fall short of later mandates.  More »
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