Ethanol Week - March 23, 2021

March 23, 2021

Valero, Blackrock partner with Navigator on CCS project Valero Energy Corp. and BlackRock Global Energy & Power Infrastructure Fund III announced on March 16 that they are partnering with Navigator Energy Services to develop an industrial scale carbon capture pipeline system (CCS). READ MORE SHARE
EPA: No new SRE petitions filed in past month Data released by the U.S. EPA on March 18 shows that no new small refinery exemption (SRE) petitions have been filed in the past month. The agency has also not taken any action on the 66 SRE petitions that have been pending since mid-February. READ MORE SHARE
	FTC issues annual report on ethanol market concentration The FTC has issued its latest annual report on ethanol market concentration. As in previous reports, the FTC determined that “there is sufficient competition among industry participants to avoid price-setting and other anticompetitive behavior." READ MORE SHARE
Senate unanimously confirms Tai as US trade representative The U.S. Senate on March 17 voted unanimously to confirm the nomination of Katherine Tai as U.S. trade representative. The Office of the U.S. Trade Representative leads international trade negotiations and oversees the resolution of disputes. READ MORE SHARE
Lawmakers introduce comprehensive CO2 infrastructure bill Sens. Chris Coons, D-Del., and Bill Cassidy, R-La., and Reps. Marc Veasey, D-Texas, and David McKinley, R-W.V., on March 17 introduced the Storing CO2 and Lowering Emissions (SCALE) Act, a comprehensive CO2 infrastructure package. READ MORE SHARE
	USGC helps ensure ethanol has environmental role in fuel recovery As fuel demand begins its recovery around the world, the U.S. Grains Council is taking steps to ensure ethanol will continue to expand as a part of policy solutions that address greenhouse gas (GHG) emissions. READ MORE SHARE
EIA: Ethanol production up 4%, stocks down 3% U.S. ethanol production was up nearly 4 percent the week ending March 12, according to data released by the U.S. Energy Information Administration on March 17. Fuel ethanol stocks were down more than 3 percent. READ MORE SHARE
UNICA: Domestic ethanol sales down less than 1% in February UNICA, the Brazilian sugarcane industry association, has announced domestic ethanol sales by mills in the south-central region of Brazil were down only slightly in February when compared to the same month of last year. READ MORE SHARE
RFA urges EPA to stay the course on RFS The Renewable Fuels Association on March 17 asked newly confirmed U.S. EPA Administrator Michael Regan to “stay the course” on the Renewable Fuel Standard, as the important policy faces renewed attacks from oil refiners. READ MORE SHARE
Vietnam imports US ethanol as a result of USGC programming Using MAP funds, the USGC sponsored a joint Vietnamese ministry and U.S. industry ethanol conference in Ho Chi Minh City in the fall of 2018. That investment is now starting to pay off in sales as the Vietnamese fuel industry expands. READ MORE SHARE