ONTARIO PROPOSES DOUBLING OF ETHANOL MANDATE

Chart of Note The government of Ontario announced last week proposed changes to provincial biofuels regulations, which includes doubling the five percent ethanol mandate to 10 percent by 2020. “The recently announced Ontario policy proposal to double the provincial ethanol mandate to 10 percent is a positive development, supporting Ontario in meeting its Climate Change…

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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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