Tag: CBO

Congressional Budget Office says RFS could result in $6.00 per gallon credits for advanced biofuels

Congressional Budget Office says RFS could result in $6.00 per gallon credits for advanced biofuels

October 26, 2014 |

How does the Congressional Budget Office look at biofuels and the Renewable Fuel Standard? How does $3.00-$6.00 advanced biofuels RINs? A $0.26 per gallon hike in gasoline prices? A $1.27 drop in the price of E85 per gallon? Sound incredible? Read on… Just out, the Digest has obtained the powerpoint attached below (and published here, […]

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CBO sees RFS compliance becoming increasingly more difficult

CBO sees RFS compliance becoming increasingly more difficult

October 23, 2014 |

In Washington, the Congressional Budget Office has released a report saying it could become increasingly difficult to comply with the RFS because of the conflicting goals of keeping reducing the burden of RFS compliance while encouraging the development of advanced biofuels. The CBO has outlined three options for compliance with the RFS in a case […]

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Growth Energy fires back against negative CBO report

Growth Energy fires back against negative CBO report

June 30, 2014 |

In Washington, Tom Buis, CEO of Growth Energy, fired back against the CBO with the following statement in response to a recent report entitled, “Renewable Fuel Standard: Issues for 2014 and Beyond,” a highly flawed and unrealistic evaluation of the importance of renewable fuels and their numerous benefits, Tom Buis CEO of Growth Energy released […]

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Corn prices likely to fall 24% in 2013: CBO

Corn prices likely to fall 24% in 2013: CBO

February 2, 2012 |

In Washington, the Congressional Budget Office says that corn prices will likely fall from their $6 per bushel average last year to $4.54 in the 2013 marketing year beginning Sept. 1 but only rise to $4.82 by 2022 as ethanol production growth slows to a pace that farmers can catch up with.

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