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March 6, 2013
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The News Source for the Ethanol Industry

  Top Story 
 
  • 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) (3/4) LinkedInFacebookTwitterEmail this Story
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
  Market Update 
  • 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) LinkedInFacebookTwitterEmail this Story
  • Gevo may reopen isobutanol plant in Minn. this year
    Colorado-based Gevo may resume isobutanol production at its plant in Luverne, Minn., this year, said CEO Pat Gruber. Gevo temporarily halted isobutanol production at the facility last fall because of sterilization issues, which needed to be dealt with by making some plant changes. Minnesota Public Radio (3/5) LinkedInFacebookTwitterEmail this Story
  • 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) LinkedInFacebookTwitterEmail this Story
  • 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) LinkedInFacebookTwitterEmail this Story
How Much Do You Really Need to Make? The Answer May Shock You
Rather than focus on what you can afford to pull out of the business to cover your living expenses, you need to focus on how much you need to earn at your business in order to afford the lifestyle you want to have. This is where the Personal Earnings Goal, or PEG, comes into play. Learn how to calculate your PEG and find out how much you really need to make.

  Technology & Trends 
  • 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) LinkedInFacebookTwitterEmail this Story

  Policy Watch 
  • 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) LinkedInFacebookTwitterEmail this Story
  • 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) LinkedInFacebookTwitterEmail this Story
  SmartQuote 
Every time you spend money, you're casting a vote for the kind of world you want."
--Anna Lappé,
American writer, speaker and activist


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