Tag: New York

Reuters estimates 10 oil majors spent $1.1 billion on RINs through mid-2016

Reuters estimates 10 oil majors spent $1.1 billion on RINs through mid-2016

August 11, 2016 |

In New York state, Reuters analysis shows that a selection of major 10 oil refining companies spent $1.1 billion on RINs during the first half of this year, almost guaranteeing they’ll pass their record 2015 spend of $1.3 billion. The sector is suffering from tight margins, with the S&P 1500 index of oil companies showing […]

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Cornell researcher discover cellular strategy to produce biofuel through microbes feeding on CO

Cornell researcher discover cellular strategy to produce biofuel through microbes feeding on CO

August 1, 2016 |

In New York state, Cornell University biological engineers have deciphered the cellular strategy to make the biofuel ethanol, using an anaerobic microbe feeding on carbon monoxide. To make biofuel from inorganic, gaseous industrial rubbish, the researchers learned that the bacterium Clostridium ljungdahlii responds thermodynamically – rather than genetically – in the process of tuning favorable […]

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Reuters analysis shows 20% of US car fleet can safely use E15

Reuters analysis shows 20% of US car fleet can safely use E15

July 27, 2016 |

In New York state, Reuters analysis shows 20% of the US car fleet could safely use E15, much higher than the 14% estimated by the American Automobile Association in June 2015, and that number will continue to rise as drivers buy new vehicles going into the end of the year. Despite growing capability, full fleet […]

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New York City’s Department of Sanitation goes biofuel in a big way

New York City’s Department of Sanitation goes biofuel in a big way

July 27, 2016 |

In New York state, New York City’s Department of Sanitation has integrated B20 into its entire diesel-powered fleet with half of them continuing to use the fuel even in winter. The department is also experimenting with drop-in fuels, like renewable diesel and dimethyl ether (DME) in a tie-up with Mack. The overall fleet has 2,000 […]

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Cornell researchers develop ethanol production from anaerobic microbe

Cornell researchers develop ethanol production from anaerobic microbe

July 26, 2016 |

In New York state, Cornell University biological engineers have deciphered the cellular strategy to make the ethanol, using an anaerobic microbe feeding on carbon monoxide. To make biofuel from inorganic, gaseous industrial rubbish, the researchers learned that the bacterium Clostridium ljungdahlii responds thermodynamically – rather than genetically – in the process of tuning favorable enzymatic […]

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New York Harbor ethanol prices continue to fall weighed down by oversupplies

New York Harbor ethanol prices continue to fall weighed down by oversupplies

July 25, 2016 |

In New York state, ethanol prices continue to fall in the New York Harbor region due to oversupply, bringing prices down to their lowest since March at $1.50/gal. Even with prices so low, some barges have been traded at a 2 cent per gallon discount to second-month prices for prompt delivery. Though stocks fell last […]

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Reuters poll shows drivers only care about their pockets and not biofuel content

Reuters poll shows drivers only care about their pockets and not biofuel content

July 20, 2016 |

In New York state, a Reuters poll conducted June 28-July 5 of about 1,500 drivers shows that about half of drivers don’t know what ethanol is and about the same pay little or no attention to the fuel the use at the pump. About 93% of respondents said price was the main driver for choosing […]

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New York Harbor ethanol prices fall to discount against second-month

New York Harbor ethanol prices fall to discount against second-month

July 19, 2016 |

In New York state, oversupply in the New York Harbor region continues to weigh on prices with front-month prices falling to a 1.75 cents per gallon discount against the second-month. Stocks in the East Coast region were 492,000 barrels higher the week ending July 9 than during the previous year at 7.838 million barrels, up […]

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Prices for NY Harbor barges trade flat July/August

Prices for NY Harbor barges trade flat July/August

July 12, 2016 |

In New York state, front month July ethanol prices for New York Harbor barges have slipped, now trading flat against ethanol, reflecting plenty of supplies in the region indicated by the Energy Information Agency’s recent report showing stocks of 7.624 million barrels in the week ended July 1, up 170,000 barrels on the week and […]

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RIN prices soar after RFS comment period closes

RIN prices soar after RFS comment period closes

July 12, 2016 |

In New York state, in anticipation of higher blending mandates in 2017 under the Renewable Fuel Standard, D6 RIN prices jumped to nearly three-year highs at 99 cents as of Monday, the end of the public comment period on next year’s rules. That’s up 5 cents since last week. D4 RINs jumped 4 cents to […]

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