| The News Source for the Ethanol Industry |  |
- Richardson calls for "even playing field" for renewables
Bill Richardson, a former governor of New Mexico and secretary of energy in the Clinton administration, called for an "even playing field" for renewable energy and fossil fuels during his keynote address at an energy conference in Boston. "Renewable energy companies aren't asking for more incentives, but basically saying we want the same tax policies, the same incentives that oil and gas companies get and other energy sources get," Richardson said. SNL Financial (free content)
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 | Examining the third Principle of Dry Ice Blasting
Energy transfer comes into play when the small “rice sized” pellets of dry ice contact
debris or buildup that is loosely adhered to a surface. Cleaning walls in grain buildings are
made easy with dry ice blasting. Dry ice will also kill mold associated with most grain
buildings. Learn More |
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| Market Update |  |  |
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- CBOT corn, NYMEX oil, ethanol futures post gains
March corn settled at $7.32 per bushel Tuesday, up 9 cents, on the Chicago Board of Trade. Light sweet crude for April delivery gained 70 cents to close at $90.82 per barrel on the New York Mercantile Exchange. April denatured ethanol advanced 2.6 cents to end at $2.437 per gallon on the CBOT. Bloomberg
(3/5), Bloomberg
(3/5)
- CME says survey backs its plans to shrink grain-trading hours
Trading in grain and oilseed will be pared back to 17.5 hours a day beginning April 8, pending Commodity Futures Trading Commission approval, CME Group said. A recent survey about trading hours, which were expanded last spring to 21 hours a day, drew more than 4,000 responses. "While there were varying opinions about what the modifications to hours should be, we believe these changes balance the needs of our diverse global customers," said CME's Tim Andriesen. Bloomberg Businessweek
(3/5)
- Analysts: Concerns over blend wall fuel rise in ethanol RIN price
Ethanol renewable identification numbers traded for as high as 79 cents apiece Tuesday, indicating concerns that the blend wall may be hindering RIN supply, observers said. "I think the real issue is that you have obligated parties looking forward to 2014, where even with a carryover, it is unlikely that there will be enough D6 RINs available to meet the anticipated 14.4 billion gallon requirement at an E10 blend ratio," said David Dunn, an analyst at brokerage Progressive Fuels Limited. "The industry is clearly at the blend wall," said Stephen Brown, vice president of government affairs at Tesoro. Platts
(3/5)
| Technology & Trends | | |
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- Researchers use algae gene to boost oil content in plant leaves
Scientists at Michigan State University used a gene from green algae to boost the oil content in the leaves of the Arabidopsis thaliana plant, a breakthrough that could have implications for bioenergy production, according to a report in the journal The Plant Cell. "If oil can be extracted from leaves, stems and seeds, the potential energy capacity of plants may double," the lead researcher said. DomesticFuel.com
(3/5)
| Policy Watch | | |
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- Supporters hopeful of biofuel bill's passage in Minn.
Biofuel supporters are hopeful that Minnesota lawmakers will adopt legislation seeking to expand the market for E15, biobutanol and other renewable fuels in the state. Unlike measures in other states, the bill would boost support for both corn-based ethanol and next-generation biofuels, said Brian Kletscher, CEO of Highwater Ethanol. EthanolProducer.com
(3/5)
- White paper tackles EPA's proposed RIN assurance program
Law firm Stoel Rives has issued a white paper on the Environmental Protection Agency's proposed rules for assuring the integrity of renewable identification numbers. The rules would make RINs more fungible, which would encourage more trading and improve the overall effectiveness of the Renewable Fuel Standard, the white paper showed. The document also discusses the two options under which obligated parties could establish minimum requirements for RIN quality assurance. EthanolProducer.com
(3/5)
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