Ethanol – Oil & Gas 360

Summit carbon project would be reassessed if tax credits repealed, attorney says

December 12, 2024

(Investing) – The Summit Carbon Solutions’ massive carbon dioxide pipeline project proposal would need to be reassessed if the United States repeals tax credits for carbon capture and storage, a company attorney said on Thursday. Summit intends to capture carbon dioxide from 57 ethanol plants across the Midwest and transport it along a pipeline more than 2,000 miles (3,218 km)

Exclusive-Biden administration will not finalize clean fuel tax credit guidance

December 3, 2024

(Investing) – Biden administration officials will not finalize highly anticipated guidelines on new clean fuel production tax credits aimed at the airline and biofuel industries before they leave in January, three sources told Reuters, casting doubt on the future of a key piece of the U.S. president’s climate agenda. The tax credit, the engine behind President Joe Biden’s ambitious plan to

Ethanol’s Last Stand: U.S. ethanol producers are on the cusp of calamity, but hopes are growing for policy-driven longevity

February 22, 2024

Oil and Gas 360 Ethanol’s Last Stand U.S. ethanol producers are on the cusp of calamity, but hopes are growing for policy-driven longevity. Summary: Ethanol Producers’ Last Stand: Declining gasoline demand forecasts present a catastrophic risk to an industry born out of the EPA’s renewable fuel standards, which mandate ethanol blending in fuels. The industry’s lobbying could pay off, however,

Gevo provides business update

January 24, 2024

Oil & Gas 360 ENGLEWOOD, Colo., Jan. 24, 2024 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO), a leading carbon abatement company that commercializes drop-in fuels and chemicals for difficult to decarbonize sectors, today provided a business update. Gevo also expects to publish an updated corporate investor presentation to its website. RNG: Non-GAAP cash EBITDA of $7-16 million is expected in

Wolf Carbon Solutions, ADM announce partnership to advance decarbonization of ethanol production

January 11, 2022

Oil and Gas 360 DENVER and CHICAGO, Jan. 11, 2022 /CNW/ – Wolf Carbon Solutions US LLC (Wolf Carbon Solutions) and ADM (NYSE: ADM), a global leader in nutrition and agricultural origination and processing, today announced that they have signed a Letter of Intent paving the pathway toward further decarbonization of ADM’s footprint via construction of a pipeline – developed, owned and operated by

Keeping it clean: U.S. ethanol producers invest in sanitizer for long haul

October 8, 2020

Reuters NEW YORK – Red River Biorefinery in Grand Forks, North Dakota, came online in April, arguably the worst time for an ethanol facility to begin operating as the coronavirus pandemic sank fuel demand. Instead of shutting like many ethanol facilities, the company switched focus from producing fuel ethanol to making high-grade alcohol for hand sanitizer, where demand surged during

Congressman Seeks to Raise Ethanol Content at the Pump to 15%

April 17, 2018

The Energy Independence and Security Act of 2007 (EISA) set yearly RFS volume requirements for each renewable fuel category. EPA updates volume requirements each year based on fuel availability. The RFS is a federal program that requires transportation fuel that is sold in the United States to contain a minimum volume of renewable fuels. It’s known as the renewable fuel

U.S. Lawmaker Wants EPA's Biofuel Waivers Investigated - Oil & Gas 360

Ethanol’s Travels

April 7, 2016

The EIA released new data on ethanol’s and biodiesel’s movements by rail. Unlike other liquid fuels that are most commonly transported by pipeline, ethanol and biodiesel are more often transported by rail because both fuels attract water and other impurities in pipelines, according to the EIA. The estimates cover rail movements of ethanol and biodiesel within each Petroleum Administration for Defense

Presidential Candidates on Energy: Carson

September 21, 2015

Carson disfavors government subsidies, but would redirect oil subsidies toward more ethanol fueling stations While campaigning in Iowa, Dr. Ben Carson commented: “I don’t particularly like the idea of government subsidies for anything because it interferes with the natural free market,” according to The Des Moines Register. “Therefore, I would probably be in favor of taking that $4 billion a year we spend on oil

Refiners Ask EPA to Adjust Renewable Fuel Standards

July 30, 2015

Refiners say making them the obligated party for fuel blending is “misguided” Independent refiners are asking the Environmental Protection Agency (EPA) to shift responsibility for complying with biofuel programs from refiners to fuel blenders. Delta Airlines’ (ticker: DAL) Monroe Energy LLC, Carlyle Group’s (ticker: CG) Philadelphia Energy Solutions, Valero Energy Corp (ticker: VLO) and Ronald E Minsk, who recently served

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