EARLY END TO SUMMER E15 RVP LIMIT IN MANY STATES HELPED OFFSET SUPPLY SHORTFALL, LIMIT PRICE SPIKES

WASHINGTON – In a typical September, the Environmental Protection Agency’s (EPA) onerous summer restriction on selling 15% ethanol blends (E15) would end this weekend. But with Hurricanes Harvey and Irma wreaking havoc on the nation’s fuel market, this September has been anything but typical. Fortunately, emergency fuel waivers issued by EPA ended the summer restriction…

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U.S. ETHANOL, DDGS EXPORTS RISE IN JULY

U.S. ethanol exports totaled 116.7 million gallons (mg) in July, up 26% from June shipments, according to government data released this morning and analyzed by the Renewable fuels Association (RFA). Canada and Brazil were again the top destinations for U.S. exports, combining to receive nearly two-thirds of total exports in July. Year-to-date U.S. ethanol exports…

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NEW ACADEMIC JOURNAL STUDY: RFS OFFERS SUBSTANTIAL BENEFITS TO U.S. ECONOMY

WASHINGTON – A new economic modeling study that will soon be published in the American Journal of Agricultural Economics finds that the Renewable Fuel Standard (RFS) has substantially benefited the U.S. economy by lowering gasoline and crude oil prices, cutting crude oil imports, adding value to U.S.-produced agricultural commodities, and reducing U.S. greenhouse gas (GHG) emissions. “The…

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HAPPY ANNIVERSARY TO THE ORIGINAL RFS

WASHINGTON – Twelve years ago today, I was in a canoe in the middle of Lake Winnipesaukee, N.H., celebrating the signing of the single most successful clean fuels policy in our nation—the original Renewable Fuel Standard (RFS). On Aug. 8, 2005, President George W. Bush signed the Energy Policy Act of 2005 into law, which…

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THE REAL ARGUMENT AGAINST RENEWABLE FUELS

You may have read early last week that the EPA released Renewable Volume Obligations (RVO) for 2018.  These numbers tell fuel retailers how much renewable fuels they must sell in any given year, with the goal of slowly increasing the amount of renewable fuels used in the U.S. More renewable fuels equal cleaner air, more energy…

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ETHANOL EXPORTS A BRIGHT SPOT FOR CORN DEMAND

As corn prices remain low, new markets are vital. As far as corn goes, your corn-based ethanol is finding a home in export markets around the world. One of them may be unexpected: Brazil. Brazil has long been a user of high-inclusion-rates of ethanol blends in their nation’s fuel supply. But that ethanol has historically…

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U.S. DDGS MARKETS DIVERSIFY, KEEP EXPORTS STEADY

Despite market challenges, the latest U.S. Department of Agriculture (USDA) trade data show exports of U.S. distiller’s dried grains with solubles (DDGS) have remained steady due to attractive prices, available supply and market development efforts by the U.S. Grains Council (USGC) among a diversity of buyers. From September 2016 to March 2017, USDA reported the…

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