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 […]
Today on Twitter: NebraskaLong: “US ethanol reduced wholesale gasoline prices combating prices at the pump! paultanger: Has biofuels led to major land use changes in the US? energynenvironm: What do you think? “Biofuels Are a Loser, Despite the Hope and Hype”: EnergyCollectiv: “No amount of genetic engineering can overcome the fundamental limitations of trying to […]
In Washington, the RFA’s Geoff Cooper reports that, according to EIA data, ethanol production averaged 824,000 barrels per day – or 34.61 million gallons daily. That is down 3,000 b/d from the week before. The 4-week average for ethanol production stood at 819,000 b/d for an annualized rate of 12.56 billion gallons. Overall, gasoline demand […]
In Illinois, ethanol futures have cut the longest streak of losses in six weeks as gasoline’s premium to biofuel reached 31.81 cents on the Chicago Board of Trade. The widening of the ethanol discount to gasoline made biofuel far more alluring to refiners. Cash market trading has ethanol unchanged in New York at $2.45 per […]
In California, following supply shortages and record high gasoline prices, Governor Jerry Brown has ordered the California Air Resources Board (CARB) to transition immediately to the easier-to-make, winter-grade gasoline as soon as possible. This transition could increase supply by up to 10% and ethanol blended in gasoline acts as a gas line anti-freeze in winter. […]
In Brazil, gasoline imports are expected to rise at least 350% by 2020, according to a government study prepared at the request of President Dilma Rousseff. The reasons behind the spike in imports is expected to be a failing sugar-cane ethanol production industry combined with a 4.5% growth rate in fuel consumption. Ethanol production in […]
In Nebraska, the state’s corn board says that retail sales of E15 could begin as early as next month. Like other states, Nebraska has been held back from retailing the fuel because of clean air regulations related to summer blends for gasoline.
In Washington, the Energy Information Administration reported that weekly ethanol production averaged 819,000 barrels per day – or 34.40 million gallons daily. That is up 2,000 b/d from the week before. The 4-week average for ethanol production stood at 810,000 b/d for an annualized rate of 12.42 billion gallons. Stocks of ethanol stood at 18.4 million […]