Tag: Washington

Ethanol stocks nearing one-year high

Ethanol stocks nearing one-year high

February 29, 2024 |

In Washington, Brownfield Ag News reports Energy Information Administration data shows ethanol stocks have soared to nearly a one-year high at 26.022 million barrels last week despite an increase in purchases from refiners and blenders, supplying more blended gasoline to the market than the week prior. Production fell slightly from the week prior but was […]

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Bipartisan Senators introduce Renewable Fuel for Ocean-Going Vessels Act

Bipartisan Senators introduce Renewable Fuel for Ocean-Going Vessels Act

February 28, 2024 |

In Washington, U.S. Senators Pete Ricketts (R-NE) and Sherrod Brown (D-OH) introduced the Renewable Fuel for Ocean-Going Vessels Act to allow companies to preserve Renewable Identification Number credits (RINs) under the RFS program for renewable fuel, when the fuel for use is in ocean-going vessels. The RFS excludes “fuel used in ocean-going vessels” from the […]

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EIA says RIN prices have fallen 45% since start of 2024

EIA says RIN prices have fallen 45% since start of 2024

February 27, 2024 |

In Washington, the Energy Information Administration says the price of compliance credits for biomass-based diesel and ethanol has decreased about 45% since the start of the year, when prices were already the lowest in about three years. The decline in the price of credits, renewable identification numbers (RINs), is due primarily to lower costs for […]

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EPA and DOE release $9.4M funding opportunity for advanced biofuels

EPA and DOE release $9.4M funding opportunity for advanced biofuels

February 26, 2024 |

In Washington, as part of President Biden’s Investing in America agenda, the U.S. Environmental Protection Agency and the U.S. Department of Energy released a Funding Opportunity Announcement (FOA) for up to $9.4 million for the development of advanced biofuels. This investment through a new agreement between EPA and DOE is funded by President Biden’s Inflation […]

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EPA approves year-round E15 in the Midwest from April 2025

EPA approves year-round E15 in the Midwest from April 2025

February 22, 2024 |

In Washington, the Environmental Protection Agency responded to petitions from eight state governors to remove the 1-psi (pound per square inch) waiver for gasoline-ethanol blends containing 10 percent ethanol (E10). The governors made their requests pursuant to Clean Air Act (CAA) section 211(h)(5), which provides that EPA shall remove the 1-psi waiver by regulation upon […]

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ACE submits comments to CARB concerned about proposed LCFS changes

ACE submits comments to CARB concerned about proposed LCFS changes

February 21, 2024 |

In California, the American Coalition for Ethanol (ACE) recently submitted comments to the California Air Resources Board (CARB) regarding its 2024 proposed amendments to the Low Carbon Fuel Standard (LCFS). The comments submitted by ACE CEO Brian Jennings focused on the proposed “sustainability criteria” for crop-based biofuels, the need to approve E15 use in California […]

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Year-round E15 approval expected in March but implemented in 2025

Year-round E15 approval expected in March but implemented in 2025

February 20, 2024 |

In Washington, Reuters reports that the Secretary of Agriculture is confident that E15 will be available year-round nationwide by 2025 with administrative waivers allowing summertime E15 likely being issued in the meantime. Anonymous sources told Reuters that the request for year-round E15 from Midwestern governors back in 2022 would likely be approved by the end […]

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RFA report shows ethanol contributed $54.2B towards national GDP

RFA report shows ethanol contributed $54.2B towards national GDP

February 19, 2024 |

In Washington, as inflationary pressures eased and demand boomed for low-carbon ethanol and its co-products, the ethanol industry’s contribution to the U.S. economy remained strong in 2023, according to an annual economic impact analysis conducted for the Renewable Fuels Association by ABF Economics. In 2023, more than 72,400 U.S. jobs were directly associated with the ethanol […]

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NRCS approves $25M in ACE’s Regional Conservation Partnership Program

NRCS approves $25M in ACE’s Regional Conservation Partnership Program

February 15, 2024 |

In Washington, the United States Department of Agriculture’s (USDA) Natural Resource Conservation Service (NRCS) recently approved a $25 million investment in the American Coalition for Ethanol (ACE)-led Regional Conservation Partnership Program (RCPP) expansion that builds on the successful South Dakota-based project announced in 2021 to unlock corn ethanol access to clean fuel markets and new […]

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Transportation coalition calls on committee chairman to drop opposition to year-round E15

Transportation coalition calls on committee chairman to drop opposition to year-round E15

February 14, 2024 |

In Washington, The National Association of Convenience Stores, NATSO, representing America’s Travel Centers and Truckstops, and SIGMA: America’s Leading Fuel Marketers sent a letter to Senator Tom Carper (D-DE), chairman of the Committee on Environment and Public Works, urging him to drop his opposition to the year-round sales of higher ethanol fuel blends. “If enacted, […]

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