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San Francisco welcomes E85

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By Renewable Fuels Association

March 19, 2015

Business Markets 

March 19 marks the first offering of E85 to flex-fuel vehicle owners in San Francisco. Pearson Fuels and All Stars Fuel celebrated the high-octane E85 at a ribbon cutting by offering E85 at 85 cents per gallon.

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Bobby Likis featured Judd Hulting, commodities manager at Patriot Renewable Fuels LLC, in Annawan, Illinois, during his two-hour Saturday morning radio show, Bobby Likis Car Clinic, on March 14.

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Iowa sets new E85 sales record in 2014

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By Iowa Renewable Fuels Association

March 17, 2015

The Iowa Renewable Fuels Association has announced Iowa motorists purchased more than 2.93 million gallons of E85 in the fourth quarter of 2014, and a record-setting 11.96 million gallons in all of 2014.

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Ceres Inc. and Raizen S.A., have signed a multiyear collaboration agreement to develop and produce sweet sorghum on an industrial scale. Sweet sorghum can extend the operating season of Brazilian sugarcane ethanol mills.

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Retailers selling E15 say business is up, consumers are satisfied and everyone is excited to help local economies, improve the environment and reduce our nation's addiction to foreign oil, writes Tom Buis of Growth Energy.

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Introducing renewable natural gas, the new player in the cellulosic RINs market.

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Although most U.S. trade with Cuba has been severely restricted since the 1960s, Cuba does buy limited amounts of agricultural products from the United States, including corn and distillers dried grains with solubles (DDGS).

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Oregon Gov. Kate Brown has signed S.B. 324 into law. The bill removes the Dec. 31, 2015 sunset date from the state's Clean Fuels Program. By signing S.B. 324, Brown has allowed the program to be implemented past the end of this year.

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UNICA's Leticia Phillips outlines proposed major revisions to California's Low Carbon Fuel Standard and the Brazilian Sugarcane Industry Association's take on them.

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The U.S. Energy Information Administration has published the March issue of its Short-Term Energy Outlook, increasing its forecasts for both 2015 and 2016 ethanol production. The U.S. is now expected to produce 947,000 barrels per day this year.

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The 2015 International Fuel Ethanol Workshop & Expo, the ethanol industry's largest conference, has released its highly anticipated agenda featuring more than 140 speakers and four comprehensive tracks. The event takes place June 1-4 in Minneapolis.

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In January, Canada experienced a market hindrance related to the pelletization of feeds containing distillers dried grains with solubles (DDGS), which affected the sale of the product into Ontario. The U.S. Grains Council responded immediately.

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Brazil has announced plans to increase the ethanol blend in gasoline from 25 percent to 27 percent, effective March 16. UNICA, the Brazilian sugarcane industry association, called the government's announcement a positive decision.

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Georgia Gov. Nathan Deal has recognized Hydro Dynamics Inc., headquartered in Rome, Gerogia, with a GLOBE Award for entering one or more new international markets in 2014. Hydro Dynamics entered markets in Argentina and China last year.

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Legislation that aims to repeal the Dec. 31, 2015 sunset date of Oregon's Clean Fuels Program has been sent to the governor for consideration. The bill, S.B. 324, was passed by the Oregon House of Representatives on March 4 by a single vote.

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Pacific Ethanol Inc. has released 2014 financial results, reporting record net sales, gross profit, operating income, adjusted EBITDA and gallons sold. Neil Koehler, CEO of Pacific Ethanol, called 2014 a pivotal year for the company.

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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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