In the UK, ethanol hit an 11-month premium over Eurobob gasoline on Tuesday at $51.29/cubic meter. On Tuesday, Northwest Europe ethanol prices were seen at $638.68/cu m. Any significant increase in demand is seen limited by the existing blend wall in Europe.
According to EIA data as reported by the Renewable Fuels Association, ethanol production averaged 889,000 barrels per day last week—or 37.34 million gallons daily. RFA adds: “That is down 42,000 b/d (or 4.5%) from the week before and the lowest average since the week ending 3/21/2014. The four-week average for ethanol production stood at 917,000 […]
In the US, ethanol production for the week before last averaged 902,000 barrels per day, or 37.88 million gallons daily. The four-week average for ethanol production stood at 940,000 b/d for an annualized rate of 14.41 billion gallons. Stocks of ethanol stood at 18.3 million barrels. That is a 1.8% decrease from last week. Gasoline […]
Corn producers, ethanol producers and crude oil refiners: locked in a rollercoaster of commodity prices, and a battle for market share and profits. As the EPA readies to unleash its view of the future volumes of renewable fuels — who’s winning, who’s losing the “Battle of the Benjamins”? In their 1987 album release Document, the alternative […]
In Wisconsin, the Wisconsin Alumni Research Foundation (WARF) is promoting a new vehicle engine that incorporates anti-emissions technology. The new engine boosts fuel economy by 20 percent while cutting nitrogen oxide (NOx) and soot emissions by record margins. Called reactivity controlled compression ignition (RCCI), the base technology uses multiple injections of differing fuel types, including […]
In Illinois, the premium for ethanol over gasoline hit its highest level in two years on Monday with 13 cents dividing the two fuels. Ethanol futures for April delivery hit $2.988 per gallon, the highest premium seen since November 2011, while the “at the rack” price paid by blenders hit $3.447 per gallon, up more […]
In 1970, an oil company launched the first major ad campaign around environmental benefits of a new fuel formulation. Then, a radical shift in gasoline pricing occurred just as those remarkable ads went off the air. What were lessons that industry learned about alternative fuels? How might it be still impacting us today? The Digest […]
As a flurry of coverage on Toyota’s hydrogen cars and Ford’s solar hybrid floods the airwaves, here in Digestville we look at the hard data. And we find that, sometimes, there is less than meets the eye. This past week, we’ve had the Consumer Electronics Show in Las Vegas and the North American International Auto […]
In Illinois, ethanol prices are falling thanks to production above 900,000 barrels per day every week since October 25. More supplies have led to increased inventories, helping to increase the price spread between ethanol and gasoline. Ethanol futures prices have fallen 11% so far this year.
Are supporters of the oil industry grasping at straws to keep the U.S. military addicted to oil? By Brent Erickson, executive vice-president, Biotechnology Industry Organization; head, Industrial & Environmental Section Achieving energy security is critical not only for civilians, but also for U.S. military readiness and national security reasons. Our reliance on foreign oil has […]