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Tag Archives: ethanol

GRASSLEY MAY ASK PRUITT TO RESIGN OVER ETHANOL

Iowa Sen. Chuck Grassley Tuesday said he will ask EPA Administrator Scott Pruitt to quit if he continues to undermine President Donald Trump’s commitment to the RFS. After a reporter told the senator that the Trump administration intends to cut back on RFS waivers to oil refineries, Grassley said, “Well, they better or I’m going… read more

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#ETHANOL DEAL IN PLACE?

A compromise reached during a While House meeting Tuesday that included President Donald Trump and senators from various farm and oil-producing states has reportedly produced a way out of the long-simmering fight over the Renewable Fuel Standard. According to multiple reports, the deal includes year-round access to E15 but allows for RIN credits on ethanol… read more

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BIOFUELS DEBATE

President Trump will gather rivals from the corn and oil industries on Thursday as the administration seeks elusive common ground on reforms to the nation’s renewable fuels standard, which requires refiners to mix biofuels such as corn-based ethanol into their fuel. (Reuters)

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TRUMP ORDERS EPA CHIEF TO BACK RFS

President Donald Trump has reportedly kept a key campaign promise to protect the nation’s Renewable Fuels Standard (RFS), ordering U.S. EPA Administrator Scott Pruitt to abandon a last-minute proposal to reduce the required volumes for cellulosic, advanced and total biofuels in the RFS next year. Pruitt notified senators that EPA will finalize its RFS rule… read more

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MINIMAL IMPACT FROM END OF E-10 TAX CREDIT

Despite the Illinois General Assembly’s decision to end the tax credit for gasoline containing 10% ethanol, industry experts expect the impact at the gas pump to be minimal. “There’s a 20% sales tax credit,” said Tricia Braid, communications director, Illinois Corn Growers’ Association. “If we assume that sales tax credit was being accrued to the… read more

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@EPA TO REJECT #RFS BLENDING CHANGES

The U.S. EPA next week will reject a proposed change to the RFS which would have shifted responsibility for blending biofuels from refiners to other entities further down the supply chain, according to Reuters. Refiners had for years petitioned the EPA to make the change, saying they didn’t have the facilities needed to blend the… read more

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GAS PRICES GOING UP?

Industry experts say removal of a 20% tax exemption at the wholesale level for E10 gasoline in the Illinois budget could lead wholesalers to stop using gasoline blended with ethanol and push gas prices up 7 to 10 cents per gallon. “There will probably be a movement to bring straight gasoline back into the state,”… read more

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#CORN #ETHANOL FACES ITS LIMITS

Corn ethanol has reached its official limit under the Environmental Protection Agency’s renewable fuel program, which means other less-developed, low-carbon fuels will have to step up to fill a 21 billion-gallon gap by 2022. Under the Renewable Fuel Standard, which was passed by Congress in 2007, refiners must blend 36 billion gallons of biofuels in… read more

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CORN IS FOOD AND FUEL

Douglas County farmer Gary Luth used his experience as a farmer to defend ethanol production in the Champaign News-Gazette after a recently-published commentary called for the removal of the ethanol mandate. “I’m not one to pit one industry against another, but in this situation, it seems that agriculture and the people of Illinois have much… read more

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ANDERSONS TO EXIT RETAIL

U.S. grain handler Andersons Inc. said Sunday it plans to exit the retail business, affecting more than 1,000 employees. The company, which buys gain, produces ethanol and leases rail cars, said it will shutter its four retail stores in Ohio in the second quarter of 2017. The closure will have no impact on the company’s… read more

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