Tag: big oil

Biofuels and Big Oil Both Hope for Higher Crude Prices

Biofuels and Big Oil Both Hope for Higher Crude Prices

February 1, 2015 |

By Matt Carr, Executive Director, Algae Biomass Organization They say that politics makes for strange bedfellows, but what about global petro-economics? As the global price for a barrel of oil creeps lower and lower, the US algae industry ironically finds itself in the same position as Big Oil: We’d both prefer crude oil prices to […]

Read More

Oil prices drive grain prices, says new UN study

Oil prices drive grain prices, says new UN study

December 16, 2013 |

In Italy, oil prices, not ethanol, were the main drivers of grain prices in a new study from the UN Food and Agriculture Organization (FAO). While ethanol moves in line with oil in the long term, the relationship between ethanol and oil prices between 1980 and 2012 has been nonlinear in the short term. The […]

Read More

Big Five rakes in $23 billion in wake of EPA rollback

Big Five rakes in $23 billion in wake of EPA rollback

November 25, 2013 |

In Washington, in the wake of the EPA rollback, the Big Five oil companies reaped a combined $23 billion windfall. Average valuation of outstanding shares jumpedby more than 2% in just one day after the announcement, quadrupling the performance of the Dow Jones Industrial Average. Contrary to their argument, however, gas prices are actually slightly […]

Read More

The blame game: renewables experts, oil refiners trade barbs on impact of rising renewable fuel mandates

The blame game: renewables experts, oil refiners trade barbs on impact of rising renewable fuel mandates

November 11, 2013 |

In Washington, the American Fuel & Petrochemical Manufacturers is disputing the numbers from RFA’s recently released analysis, which shows how Big Oil stands to gain a $9.2-15.2 billion windfall from a possible reduction to EPA’s 2014 RVOs. Bob Dinneen, RFA President and CEO, commented: “AFPM are misunderstanding the very basic principles of supply and demand. […]

Read More

Kansas fuel retailer gives Big Oil the finger to take on E15

Kansas fuel retailer gives Big Oil the finger to take on E15

September 30, 2013 |

In Kansas, a second-generation fuel retailer who sold under the Phillips 66 brand for 28 years has gone on his own with his own brand, ZARCO USA, so that he could sell higher blends of ethanol. He felt that Big Oil was suppressing his ability to sell blends like E15 with their strict rules, so […]

Read More

“Big Oil feels threat from growing biofuels sector.”

“Big Oil feels threat from growing biofuels sector.”

March 26, 2013 |

Today on Twitter: ahujachand #RINs #Biofuels: Difference Engine: End the ethanol tax | The Economist . Only Time magazine has not chimed in greentechmedia: Mascoma Withdraws Its Big Biofuels IPO CraigShields Biofuels’ Dubious Efficiency – URINYC Big Oil feels threat from growing biofuels sector

Read More

RFA CEO criticizes NPR report on Big Oil

RFA CEO criticizes NPR report on Big Oil

[ 0 ] December 26, 2010 |

In Washington, Renewable Fuels Association CEO Bob Dineen responded to a series aired by NPR on the ethanol industry. “Where in this series is the comparison to Big Oil?  You can’t talk, weigh, or dismiss an alternative without talking about the problem it is trying to solve.  So where, perhaps in the final piece, will […]

Read More