Biofuel

The American Soybean Association and the National Oilseed Processors Association last week hailed the introduction of bipartisan, bicameral legislation to support renewable fuels produced from domestically sourced feedstocks.    The Farmer First Fuel Incentives Act, would restrict eligibility for the Section 45Z Clean Fuel Production Tax Credit to fuels produced from domestic feedstocks and make

Portland’s city council recently voted to phase out petroleum diesel sales and replace the product with biofuels.  The policy focuses on diesel fuel, phasing in requirements for cleaner, renewable fuels, with the goal of achieving 99% renewable blend of all diesel fuel sales in Portland by 2030.  The rulemakin...

Farm State lawmakers and biofuel groups are turning up the heat on the White House to approve year-round E15 sales amid the U.S. embargo of Russian oil and soaring gas prices. The crisis has sparked a fierce push by the biofuels industry and its backers in Congress to renew year-round sales of E15 ...

Chevron Corporation and Renewable Energy Group, Inc. announced Monday a definitive agreement under which Chevron will acquire the outstanding shares of Renewable Energy Group. The all-cash transaction is valued at $3.15 billion, or $61.50 per share ...

United Airlines flew more than 100 passengers to Washington, D.C. this week on a plane with one engine running on 100 percent sustainable aviation fuel. The Boeing 737 MAX 8 used 500 gallons of sustainable aviation fuel in one engine and the same amount of conventional jet fuel in the other engine to further prove there are no operational differences between the two ...

The Environmental Protection Agency filed a brief with the Supreme Court last week that lays out its new position on the Renewable Fuel Standard. A DTN report says the brief covered EPA’s view of the scope and purpose of the RFS, stating that three refiners who received RFS exemptions in 2017 and 2018 didn’t qualify for them. The U.S. ...

The EPA is proposing an increase in the biofuels mandate.  Two sources with knowledge of the proposal told Reuters that the agency wants to increase the volume of biofuels that refiners must blend annually to 20.04 billion gallons in 2020.  Th...

The U.S. Energy Information Administration recently released its Annual Energy Outlook for 2019 report.  Chris Bliley, vice president of regulatory affairs for Growth Energy, said this report underscores the importance of providing lower-cost options at the fuel pump.   “...

Texas Senator Ted Cruz made a recent proposal to cap the cost of Renewable Identification Numbers (RINs) as a way to control the cost for refiners that blend renewable fuels into the nation’s gasoline supply.  According to the University of Illinois, capping the cost of RINs at ten cents each would basically all but eliminate the Renewable Fuels Standard mandate for biodiesel and would likely hurt

Growth Energy applauds a letter from 18 members of the House to the Environmental Protection Agency dealing with cellulosic and advanced biofuels.  The letter asked the EPA to increase their blending targets for cellulosic biofuels and biodiesel for the final 2018 Renewable Volume Obligations.   ...