Today in Biofuels Opinion: “The entire U.S. will go to a 10% [ethanol] blend; the course has been set”

Don Endres, CEO of VeraSun Energy, commenting on the $1.21 spread between ethanol and gasoline prices: “In the fuel business, dollar-plus margins are unheard of. The entire U.S. will go to a 10% [ethanol] blend; the course has been set and [blenders are] making very good money.”

Keith Johnson in the Wall Street Journal blog, Environmental Capital: “Is Texas governor Rick Perry right to be wary about ethanol?…Ethanol’s share of the corn harvest, the USDA says, will jump 37% this year, and will now swallow fully one-third of the 12 billion-bushel U.S. corn haul. USDA economists now talk about a floor for the price of corn and other grains—not a speculative or short-term bubble, but a new reality. Says the WSJ: “Ethanol was already on the dock for a number of reasons, from the environmental to economics. But when a near-record corn harvest promises to keep corn prices high, is it time for a re-think?”

Free Subscription to the Daily Biofuels Digest e-newsletter

Related Stories

Today in Biofuels Opinion: “I recently attended a two-hour long protest in front of a biodiesel filling station. It was a ghost town, sans tumbleweeds.”

Kansas.com: "Consumers need to know the truth that oil importers refuse to tell: ethanol is a great deal for our country. Ethanol, in addition to domestically produced oil, is reducing the $1 billion-...

Today in Biofuels Opinion: “Things are certainly better today than they have been in the last year and a half.”

David Eyton, BP, VP for Research: "The scarcity issues we face are far broader. Energy intersects quite uncomfortably with a whole lot of other natural resources like food, like water, like land. And ...

Today in Biofuels Opinion: “All of a sudden, not just a few start-ups but the entire renewable-energy industry was staring into the Valley of Death.”

From The Atlantic:  "Congress seems never to have imagined that Wall Street might someday have no profits and need no tax equity. Early last year, the multibillion-dollar tax-equity universe consiste...

Today in Biofuels Opinion: “Companies committed to sustainability outperformed industry averages by 15%.”

From A.T  Kearney: "A study released today by A.T. Kearney, Inc., titled "Green Winners: The Performance of Sustainability-focused Companies in the Financial Crisis"...found that in 16 of the 18 indu...

Today in Biofuels Opinion: “a special commission of national experts should be set up by Congress but under DOE to examine the entire commercialization pathway for advanced biofuels.”

Jim Perdue, chairman and CEO of Perdue Farms: "We live and die by corn. The reason for losses is not the economy. Ethanol is killing us every day." Ben Thorp, Butch Johnson, and Masood Akhtar in an...

Today in Biofuels Opinion: “E15 ethanol: Yes or No”

E15 NO: Andrew P. Morriss, University of Illinois: "Corn-based ethanol, the type used in the United States, is a terrible transportation fuel whose production has serious environmental consequences an...