In Washington, Bloomberg reports that President Trump is tired of dealing with the ongoing ethanol dispute between oil refiners and biofuel producers, supposedly saying that he has spent more time on the issue than on China and Iran. In total, more than a half dozen meetings to try to reach a compromise that satisfies both […]
In Washington, Reuters reports that President Trump has greenlighted a deal that will increase biofuel blending by 10% in 2020 following a series of meetings last week with biofuels and oil companies as well as legislators from key corn and oil states. The deal is likely to upset the oil industry who has pushed back […]
In Indonesia, at a palm oil conference held by the Indonesian Journalists Association, palm oil and biodiesel leaders spoke about how palm oil is facing a price fluctuation issue, especially in the last few months because of policies and regulations from several export destination countries like the United Kingdom and the European Union, but that […]
In Washington, Reuters reports that the White House told biofuel companies at a meeting on Wednesday that it wants them to accept the proposed 5% increase to biofuel blending next year, far below what the industry was looking for to make up for demand destruction resulting from Environmental Protection Agency policies, and that they want […]
In Washington, Bloomberg reports that the White House is hosting two separate meetings on Wednesday to try to break the oil-biofuel deadlock, with Valero Energy Corp., PBF Energy Inc., Monroe Energy, HollyFrontier Corp., Marathon Petroleum Corp. and Phillips 66 meeting on one side and Archer Daniel Midland, Louis Dreyfus Co., Renewable Biofuels Inc., Ag Processing […]
In Washington, the National Biodiesel Board (NBB) and 33 of its members sent a letter to President Trump asking that he save small biodiesel producers harmed by his administration’s small refinery exemptions. The letter indicates that more than 200 million gallons of U.S. biodiesel production capacity has been idled as a result of policy instability. […]
In Canada, Canada’s national clean fuels associations forecast greenhouse gas (GHG) emissions reductions of over 50 million metric tons per year by 2030 through greater production and use of renewable energy in Canada. The associations, Advanced Biofuels Canada (ABFC), Canadian Biogas Association (CBA), Canadian Gas Association (CGA), Electric Mobility Canada (EMC) and Wood Pellet Association […]
In Washington, D.C., Bloomberg reports that White House administration officials are working on a plan to give a 5% increase to biofuel blending quotas in 2020 as President Trump looks to gain favor with the agriculture sector after losing it recently due to the small refinery waivers. While Trump hasn’t approved the plan yet, and […]
In Indonesia, Reuters reports that the European Union’s head of trade for Indonesia has pushed back at the Asian country’s threats to increase duties against European dairy products in an attempted quid-pro-quo for the European Union’s anti-dumping duties added to Indonesian biodiesel imports last month. The EU official said the World Trade Organization absolutely prohibits […]
In Iowa, the governor says that President Trump’s attention is currently on Hurricane Dorian which will delay any announcements regarding increased biofuel demand in an effort to reduce the demand destruction caused by the Environmental Protection Agency’s recent approval of 31 hardship waivers for small refiners. She also blamed the Labor Day three-day weekend as […]
