The war between Ethanol backers and Oil supporters in Congress is heating up. But, one Midwest lawmaker claims the other side has already lost “leverage” due to timing. Ag Senator Chuck Grassley admits Texas oil-patch Senator Ted Cruz will get his meeting with President Trump to discuss overhauling the Renewable Fuel Standard. Cruz was blocking Senate confirmation of Iowa Ag …
International Trade Commission Votes 4-0 in Support of the Biodiesel Industry
A vote by the International Trade Commission confirms the U.S. biodiesel industry has suffered because of unfairly subsidized imports of biodiesel from Argentina and Indonesia. In a case filed by the National Biodiesel Board, the Commission voted 4-0 Tuesday. NBB called the vote “important progress” to addressing the trade issue. Last month, producers testified on the volume and price effects …
Trump to Meet with Cruz, Oil Industry, Regarding RFS
Senator Ted Cruz will get his meeting with President Donald Trump regarding biofuels. Reuters reports that Trump has agreed to meet with Cruz and representatives from the oil refining industry to discuss the Renewable Fuel Standard. The White House says the discussion could set the stage for negotiations over possible legislation to overhaul the RFS. Cruz has blocked the confirmation …
New Tax Regulations Could Be a Boost for Farm Commodities
The Environmental Protection Agency Thursday finalized a rule that establishes the required renewable fuel volumes under the Renewable Fuels Standard program for 2018 and biomass-based diesel for 2019. The agency set a total renewable fuel blending obligation of 19.29 billion gallons next year, maintaining the statutory requirement of 15 billion gallons of conventional biofuel such as corn-based ethanol and 4.29 …
Ontario Proposes 10 Percent Ethanol Mandate
The government of Ontario is proposing changes to biofuels regulations, including increasing the current five percent ethanol mandate to ten percent in 2020. Advanced Biofuels Canada notes that a 10 percent ethanol mandate is likely to see sales of E15 and higher blends to meet the new average. The organization says the proposal will create expanded job and growth opportunities …
Growth Energy Applauds EPA RVO Announcement
Growth Energy called Thursday’s volume obligation announcement for the 2018 Renewable Fuel Standard a move that gives the biofuels industry much needed certainty. The announcement by the Environmental Protection Agency upholds the statutory targets for conventional biofuels. Growth Energy CEO Emily Skor applauded the announcement. Announcement The total renewable fuel volume is 19.29 billion gallons, which includes 15 billion gallons …
RFS Volumes Again Fail to Capture Biodiesel’s Potential
The American Soybean Association (ASA) calls the final biodiesel and advanced biofuels volumes released by the Environmental Protection Agency another example of a missed opportunity to capture the full potential and value of biodiesel. In the rule, EPA calls for biomass-based diesel volumes within the Renewable Fuel Standard of 2.1 billion gallons for 2019, the same level established for 2018, …
EPA Finalizes RFS Volumes for 2018 and Biomass-Based Diesel Volumes for 2019
The U.S. Environmental Protection Agency (EPA) finalized a rule that establishes the required renewable fuel volumes under the Renewable Fuels Standard (RFS) program for 2018, and biomass-based diesel for 2019. “Maintaining the renewable fuel standard at current levels ensures stability in the marketplace and follows through with my commitment to meet the statutory deadlines and lead the Agency by upholding …
NCGA Statement on EPA’s Final 2018 Renewable Volume Obligation
The following is a statement from North Dakota farmer Kevin Skunes, president of the National Corn Growers Association (NCGA), in response to the announcement by the U.S. Environmental Protection Agency (EPA) of the final 2018 Renewable Volume Obligation (RVO) under the Renewable Fuel Standard (RFS). “NCGA is pleased to see the EPA meet the Administration’s commitment to keep the RFS on track when it comes …
EPA Releases ‘18 Ethanol Volumes at Maximum levels; Chicken Producers Cry Foul
Agency keeps pumping corn ethanol into a saturated fuel market The U.S. Environmental Protection Agency (EPA) announced that it is mandating the statutory maximum 15 billion gallons of ethanol be added to the domestic fuel supply in 2018, the second consecutive year EPA has mandated the maximum amount of ethanol allowed under the Renewable Fuel Standard (RFS). The currently mandated …