Latest Ethanol fuel in the United States Stories
WASHINGTON, May 16, 2012 /PRNewswire-USNewswire/ -- American Fuel & Petrochemical Manufacturers President Charles T. Drevna issued the following statement in response to a Coordinating Research Council report issued today on the organization's extensive testing of higher ethanol blends in vehicles that the Environmental Protection Agency says can handle such blends: (Logo: http://photos.prnewswire.com/prnh/20120125/MM41823LOGO) "The Coordinating Research Council's objective...
WASHINGTON, May 15, 2012 /PRNewswire-USNewswire/ -- American Fuel & Petrochemical Manufacturers President Charles T. Drevna released the following statement responding to a study issued today by the Center for Agricultural and Rural Development that claims ethanol reduced wholesale gasoline prices by an average of $1.09 a gallon in 2011. (Logo: http://photos.prnewswire.com/prnh/20120125/MM41823LOGO) "This is a flawed study based on false assumptions that distorts statistics to...
BLOOMINGTON, Ill., May 1, 2012 /PRNewswire/ -- Americans are overpaying at the pump every time they're forced to choose the standard gasoline blend. According to the Oil Price Information Service, based on wholesale prices ethanol was $1.20 cheaper per gallon than gasoline last week. That price spread is significant and is expected to remain quite favorable to ethanol, according to Dave Loos, Technology and Business Development Director for the Illinois Corn Growers Association...
HOUSTON, May 1, 2012 /PRNewswire/ -- Hart Energy's newly released study, U.S. & Brazil Ethanol Outlook to 2022, finds the United States has vaulted over Brazil to lead the world in the export of ethanol, a title it is positioned to retain in 2012 and beyond. The study also dismisses the notion that goals of two programs in the U.S. can be achieved. Biofuels volumes required by the federal Renewable Fuel Standard (RFS) and California's Low Carbon Fuel Standard (LCFS) do...
SACRAMENTO, Calif., April 25, 2012 /PRNewswire/ -- The California Trucking Association (CTA) today released a study that shows significant job losses directly attributable to California Air Resources Board's (CARB) fuel policies. Goods movement and agriculture sectors will be especially hard hit if the policies are allowed to go into effect as currently designed. The report titled "The Impact of the Low Carbon Fuel Standard and Cap-and-Trade Programs on California Retail Diesel...
A new study from the University of Illinois concludes that learning-by-doing, stimulated by increased ethanol production, played an important role in inducing technological progress in the corn ethanol industry. It also suggests that biofuel policies, which induced ethanol production beyond the free-market level, served to increase the competitiveness of the industry over time. The study, co-written by Madhu Khanna, a professor of agricultural and consumer economics at Illinois, and...
DENVER, March 1, 2012 /PRNewswire/ -- BIOFUEL ENERGY CORP. (NASDAQ:BIOF), an ethanol production company, today announced that, for the quarter ended December 31, 2011, it generated $4.5 million of net income on revenues of $164.0 million, compared with a net loss of $1.1 million on revenues of $141.4 million in the year-ago quarter. For the year ended December 31, 2011, the net loss was $10.4 million on revenues of $653.1 million, compared with a net loss of $25.2 million on revenues of...
NEW YORK, March 1, 2012 /PRNewswire/ -- A new report from Rabobank's global Food & Agribusiness Research and Advisory department on the future of ethanol provides a look at recent developments and current situations in both the Brazilian and United States markets, and perspectives for 2012 and beyond. Current Landscape In the report, Rabobank points out that the beginning of 2012 has seen significant changes in U.S. ethanol policy. The VEETC blending credit and a tax on ethanol...
SAINT PAUL, Minn., Feb. 13, 2012 /PRNewswire-USNewswire/ -- While gasoline consumption in Minnesota dipped to its lowest point in a decade in 2011, sales of E85 fuel in Minnesota finished the year strong. Owners of flex fuel vehicles, which can use either ethanol-based E85 or regular unleaded, bought an estimated 19.8 million gallons of E85 in 2011, according to figures released by the Minnesota Department of Commerce. That would place 2011 as the 3rd best year for E85 sales, after...
Move will Benefit American Drivers, Provide Greater Access to Advanced Renewable Fuel WASHINGTON, Dec. 23, 2011 /PRNewswire-USNewswire/ -- With the 112th( )Congress going home for the holidays, securing the long awaited expiration of the tariff on imported ethanol and corresponding tax credit, the Brazilian Sugarcane Industry Association (UNICA) issued the following statement. It should be attributed to Leticia Phillips, UNICA's Representative in North America. A day many thought...
