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February 14, 2013
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The News Source for the Ethanol Industry

  Top Story 
  • Fuels America slams Big Oil in new ad campaign
    Fuels America launched a new ad campaign that pokes fun at the oil industry's efforts to stop the growth of biofuels. "Who wants renewable fuel sources anyway, just because they create jobs that can't be outsourced and protect the environment, when we could stay dependent on a dirty, finite, climate-warming, expensive fuel like oil?" states a character in a campaign video. (2/13) LinkedInFacebookTwitterEmail this Story
  Market Update 
  • CBOT corn, NYMEX oil, ethanol futures post losses
    March corn settled at $6.955 per bushel Wednesday, down 0.75 cents, on the Chicago Board of Trade. Light sweet crude for March delivery dropped 50 cents to close at $97.01 per barrel on the New York Mercantile Exchange. March denatured ethanol shed 2 cents to end at $2.367 per gallon on the CBOT. Bloomberg Businessweek (2/13), MarketWatch (2/13) LinkedInFacebookTwitterEmail this Story
  • U.S. ethanol output jumped to 3-week high last week; stocks fell
    U.S. ethanol production increased to 789,000 barrels per day last week, up 1.9% from the week before and the highest since Jan. 18, according to the Energy Information Administration. Stocks of the biofuel shrank 3% to 19.5 million barrels, the biggest drawdown in 11 weeks and the lowest level since Nov. 30, the EIA said. Bloomberg (2/13) LinkedInFacebookTwitterEmail this Story
  • RFA welcomes Obama's push for green energy
    The Renewable Fuels Association and other biofuel groups welcomed President Barack Obama's call for increased domestic renewable energy production during his State of the Union address Tuesday. "The ethanol industry is grateful to President Obama for his vision of a stronger, cleaner, more self-reliant country and his continuing support of the renewable fuels industry and the Renewable Fuel Standard," said RFA President and CEO Bob Dinneen. (2/13) LinkedInFacebookTwitterEmail this Story
  • Ethanol terminal in Ala. could cut fuel prices, exec says
    BlendStar's new ethanol loading-and-unloading facility in Birmingham, Ala., will reduce the cost of delivering the biofuel, potentially driving down the price of ethanol-blended gasoline in the area, said Todd Becker, president and CEO of Green Plains Renewable Energy, BlendStar's parent company. "The faster unloading will provide cost economies that hopefully will be passed on at the pump," Becker said. The $17 million ethanol terminal, which can unload 78 trains per month, entered service in December. (Alabama) (2/13) LinkedInFacebookTwitterEmail this Story
  • Valero reopens ethanol plant in Neb.
    Valero Energy has resumed operations at its ethanol plant in Albion, Neb., citing improved market conditions. The company temporarily shuttered the plant, along with plants in Linden, Ind., and Bloomingburg, Ohio, after last year's massive drought pushed up the price of corn and squeezed margins. "We're hopeful that margins will improve soon at Linden and Bloomingburg," said spokesman Bill Day. Bloomberg Businessweek (2/13) LinkedInFacebookTwitterEmail this Story
  • Four important E15 facts
    E15 is cleared by the Environmental Protection Agency for use in vehicle model years 2001 and newer, as well as in all flex-fuel vehicles, writes Ben Wojdyla in a list of E15 facts. Although some industries urge caution over the use of E15, a Kettering University study found it safe in all cars from the 1995 model year forward, Wojdyla notes. Many carmakers do not issue warranty coverage for any damage linked to E15, but General Motors and Ford Motor have certified their vehicles for E15 use starting with the 2012 and 2013 model years, respectively, Wojdyla states. (2/13) LinkedInFacebookTwitterEmail this Story
  Technology & Trends 
  • Canadian cellulosic ethanol producer lands deal to sell lignin
    Canada-based Lignol Innovations has signed a deal to supply a European thermoplastics maker with purified lignin, a byproduct of cellulosic ethanol production. "When producing next-generation biofuels from renewable, nonfood feedstocks like wood chips, roughly 25% of the output is lignin," said Ross MacLachlan, president and CEO of Lignol Energy. The lignin can be sold for its calorific value or as a replacement for petroleum-based products, he said. (2/13) LinkedInFacebookTwitterEmail this Story
  Policy Watch 
  • Obama wants $2B in oil revenue invested in alt-fuels program
    President Barack Obama is urging Congress to steer $2 billion from oil and natural gas revenues into a new fund aimed at promoting cleaner vehicle technologies, according to a White House memo that adds details to a proposal in Tuesday's State of the Union address. "This $2 billion investment will support research into a range of cost-effective technologies -- like advanced vehicles that run on electricity, homegrown biofuels and domestically produced natural gas -- [and] will be funded by revenue generated from federal oil and gas development," the memo said. Reuters (2/13) LinkedInFacebookTwitterEmail this Story
  • Other News
Mistakes are part of the dues that one pays for a full life."
--Sophia Loren,
Italian actress

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