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Wyoming imposes 24-cent-per-gallon tax on alternative fuels

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By Ron Kotrba

March 05, 2015

Policy Business Markets 

Wyoming Gov. Matthew H. Mead recently signed a bill into law imposing a fuel tax on previously exempt alternative fuels such as biodiesel and ethanol. The new rate of taxation on alternative fuels beginning July 1 is 24 cents per gallon.

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A decline in ethanol prices has accompanied the decline in gasoline prices, yet ethanol production has been at record levels for much of the current corn marketing year, biofuels economist Robert Wisner noted in a recent analysis.

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For the ethanol industry, 2015 is about "moving ahead and moving faster," Growth Energy co-chairman Jeff Broin told attendees in his opening remarks at Growth Energy's sixth annual Executive Leadership Conference Feb. 26-27 in Phoenix.

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Secretary of Agriculture Tom Vilsack asked for the ethanol industry's support for the Trans-Pacific Partnership in his keynote address at the 2015 Growth Energy Executive Leadership Conference held in Phoenix Feb. 26-27.

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California GHG reporting obligations extend to ethanol

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By Graham Noyes, Keyes, Fox & Wiedman LLP

February 26, 2015

Graham Noyes, an attorney with Keyes, Fox & Wiedman LLP, discusses California's Mandatory Reporting of Greenhouse Gas Emissions program and its impact on ethanol producers and others who do business in the state.

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A report published by the USDA Foreign Agricultural Service's Global Information Network provides an overview of the EU biobased economy and estimated biomass requirements for the production of biofuels, bioplastics, biochemicals and other products.

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RFA acquires E85prices.com

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By Renewable Fuels Association

February 25, 2015

The Renewable Fuels Association recently announced that it has acquired E85prices.com, which is a crowdsourced website that offers updated prices for E85 and other ethanol flex-fuels, including E15, from thousands of stations across the country.

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On Feb. 24, the Environment Committee of the European Parliament approved a draft law to cap the production of traditional biofuels and accelerate the shift to alternative feedstocks, such as seaweed and waste.

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All eyes on China for DDGS market impacts

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By Sean Broderick, CHS Inc.

February 24, 2015

The DDGS market is still waiting to see what China is going to do in the container markets. As many as 35 boats having been reported as traded for the upcoming March through September time frame.

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Natural gas prices not likely to sink to 2012 levels

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By Ben Straus, U.S. Energy Services

February 24, 2015

Parallels to 2012 invite natural gas users to dream of prices dropping below $2. However, different conditions with respect to storage inventories are likely to drive a more typical seasonal pattern, with the low price for the year coming in Q3.

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Brazil-based Raozen has released financial results for the third quarter of fiscal year 2015, reporting net revenue of R$16.98 billion ($5.9 billion), up from R$14.88 billion during the same period of the prior year.

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Abengoa's biofuels segment experienced the best year in its history in 2014 due, in part, to high margins and increased ethanol production and sales, company CEO Manuel Sanchez Ortega reported during the company's 2014 fiscal year financial results.

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The corn market stayed in a constant trade range during February. The USDA did not offer any new exciting data in the report this month but did lower carryout by 50 million bushels.

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Upcoming summer demand supports energy prices

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By Rick Kment, DTN

February 24, 2015

Ethanol and gasoline prices moved higher through the month of February as the focus on spring and summer driving demand created additional buyer support over the last couple of weeks. Ethanol futures have rallied more than 14 cents per gallon.

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In December, a reader email put me on the path of investigating E85 prices and ethanol producers selling directly to retailers. I'm still on that path and wondering where it will take me next.

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Fuel with 15 percent ethanol, known as E15, has made its way into south Florida recently. E15 has been approved for sale by the U.S. EPA since January 2011 and has been offered to consumers since July of 2012.

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Different gasoline retailers are having very different experiences with E85 sales, John Eichberger told attendees on the last day of the National Ethanol Conference, during a presentation called "The Road Ahead for Higher Blends."

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The Surface Transportation Board has announced the Rail Energy Transportation Advisory Committee will hold a meeting March 5 in Washington, D.C. The meeting is open to the public. Written comments can be submitted at any time.

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Export numbers from the Wisconsin Department of Trade, Agriculture and Consumer Protection show an 18 percent increase in ethanol exports from Wisconsin, totaling an export value of over $250 million.

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At this year's National Ethanol Conference, the Renewable Fuels Association released a new ABF Economics study titled "Contribution of the Ethanol Industry to the Economy of the United States in 2014."

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The National Renewable Energy Laboratory has released its 2013 Renewable Energy Data Book, which features statistics on U.S. and global renewable energy generation, renewable energy development, clean energy investments, and technology-specific data.

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The first monthly survey of industrial grain crush and coproducts was released Feb. 19 by the USDA National Agricultural Statistics Survey, showing corn and sorghum consumption data for fuel ethanol, beverage alcohol and other uses.

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In 2014, the U.S. ethanol industry had its most profitable year in history, Bob Dinneen, president and CEO of the Renewable Fuels Association, said Feb. 19. "Critics may be legion but we will prevail," he said. "We are here to stay."

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Growth Energy has filed comments with the California Air Resources Board outlining its opposition to CARB's proposed amendments to the Low Carbon Fuel Standard and a proposed regulation on the commercialization of alternative diesel fuels.

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UAI, EFC urge recognition of ethanol as a way to reduce carbon

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By The Energy Future Coalition, Urban Air Initiative

February 18, 2015

The California Air Resources Board was urged to enhance its efforts to require low carbon fuels by supporting the increased use of clean burning ethanol as a means of displacing aromatics in gasoline to reduce carbon and protect public health.

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Bunge has released fourth quarter and 2014 financial results, reporting improved quarterly performance for its sugarcane milling and biofuels segment. The segment reported an adjusted EBIT $9 million loss, an improvement over the same period of 2013.

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Short-Term Pain Long-Term Gain

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By Mike Bryan

February 18, 2015

The recent fall in oil prices makes an even stronger case for all forms of domestic energy, both renewable and nonrenewable, writes Mike Bryan. In fact, the current situation makes a strong case for greater energy independence in general.

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E15's Big Dance

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By Bob Dinneen

February 17, 2015

The future is bright as hundreds of E15 stations are in the works with many expected to open, writes Bob Dinneen of RFA. It's still early in the game for E15 and it will take time for E15 to work its way across the country, just as it did for E10.

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A consortium of organizations from the recreational marine industry have completed more than four years of testing on Gevo Inc.'s renewable isobutanol. Results show isobutanol blends of up to 16.1 percent can be successfully used in marine engines.

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Murphy USA Inc. has announced plans to bring E15 to consumers in the suburbs of Chicago and Houston this year. According to the company, the decision to expand E15 availability was made after several successful introductions of E15 in Iowa.

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