In Washington, D.C., Mike Carr, Executive director of New Energy America and former principal deputy assistant secretary in the Office of Energy Efficiency and Renewable Energy at the Department of Energy, said that repeating history with octane biofuel standards is a huge mistake. Carr refers to the bait and switch that happened when the oil […]
In Texas, the country’s MTBE industry is worried about the impact of Mexico potentially blending 10% ethanol from a previous cap of 5.8%. The $1 billion industry exports more than half of its production to Mexico but if the recently announced—and recently court-suspended—policy goes through, demand for oxygenates like MTBE will reduce significantly. That leaves […]
In Northwest Europe, MTBE margins are three times higher than those for ETBE thanks to a depressed methanol market mixed with continued tightness in the European ethanol market that is now expected to last well through the fall. Ethanol spot prices are currently around $800 per metric ton. Methanol prices on the other hand have […]
