In the US, ethanol production last week averaged 936,000 barrels per day, down 16,000 b/d from the week before. The four-week average for ethanol production stood at 947,000 b/d for an annualized rate of 14.52 billion gallons. Expressed as a percentage of daily gasoline demand, daily ethanol production was 10.87%.Gasoline demand for the week averaged […]
In India, Andhra Pradesh is preparing to approve five-year licenses for Oil Marketing Companies to produce and buy ethanol in the state for blending. Currently the state only blends 3% ethanol but will increase to the nationally mandated 5% by the end of the year and 10% within the next two years.
In Belgium, the European Commission has extended its investigation into possible ethanol price rigging with unannounced inspections at Abengoa and Tereos’ facilities. Lantmaennen Agroetanol AB and Alcogroup’s Alcodis were raided last year and Platts, BP Plc, Statoil ASA, Royal Dutch Shell Plc and Argos Energies were raided in 2013, which kicked off the investigation. Abengoa […]
In Thailand, the energy ministry is reviewing its plans to promote ethanol consumption in light of lower petrol prices. The policy had been to consume 9 billion liters annually by 2021, up from 3.5 billion liters now, but cheaper gasoline will make the aims difficult to achieve. Promoting E85 has been ruled out because it […]
In India, the Ministry of Petroleum and Natural Gas will buy ethanol directly from sugar mills at the floor price established late last year. Ethanol to supply the 5% mandate has been sourced via tender directly by the Oil Marketing Companies but mills haven’t been successful in closing supply contracts in a timely manner.
In Washington, the centrist think tank Third Way issued a “16 Minute Read” titled: “Cellulosic Ethanol is Getting a Big Boost from Corn, for Now.” , finding that ” Still, only a handful of companies have been able to squeak past technical and economic challenges to open commercial-scale plants. If these companies can replicate the success of […]
In Washington, the head of the National Corn Growers Association and the Renewable Fuels Association issued a joint letter to Congress urging the immediate reform of the RFS to reduce ethanol demand from the Midwest. But don’t worry, it was just a cleverly-written April Fools Day joke.
In Washington, the Renewable Fuels Association (RFA) sent a letter to the House Committee on Energy and Commerce to set the record straight and counter misleading and inaccurate statements about ethanol availability and infrastructure made by the Petroleum Marketers Association of America (PMAA) in a March 16 letter to the Committee. Bob Dinneen, president and […]
In Indonesia, the country’s new biodiesel blending mandate is expected to reduce diesel imports by 40%, with 63.104 million barrels of imports originally estimated for 2015. Now exports are likely to fall by about 25 million barrels. Power companies must blend biodiesel at 25% while remaining users must blend at 15%, up from the previous […]
In Iowa, the Iowa Renewable Fuels Association (IRFA) applauded Senators Rand Paul (R-Ky.) and Chuck Grassley (R-Iowa) for introducing S.889, the Fuel Choice and Deregulation Act, that would extend the Environmental Protection Agency’s (EPA) 1 psi Reid Vapor Pressure (RVP) volatility waiver to E15, just as the Agency has done for E10, allowing E15 to […]
