Analyzing the Impacts of Big Oil’s RFS “Dream Scenario”
The markets were abuzz last week with a rumor about EPA’s pending 2014 RVO proposal that suggested the agency was mulling the idea of cutting the “renewable fuel” portion from 14.4 billion gallons to 13.0 billion. Here's an examination of the likely impacts of “Big Oil’s dream scenario.”
Posted in Corn prices, Ethanol, Gas Prices, Renewable Fuel Standard
Ethanol Protects Against Repeat of Devastating Effects of 1973 Oil Embargo
October 16th marks the 40th anniversary of the 1973 oil embargo. Economic times are hard enough as is today; hopefully it won’t take another energy crisis to wake Congress up to the importance of a domestically-produced, renewable fuel alternative.
Posted in Gas Prices, OPEC, Oil, Renewable Fuels, Renewable Fuel Standard
Burning Down the Rumor Mill on 2014 RFS Requirements: RVOs must reflect statutory authority
EPA’s proposed rule establishing 2014 RVOs under the RFS is expected to be published soon. Many believe the 2014 RVO will, for the first time ever, require obligated parties to move beyond the status quo and blend volumes of renewable fuel above the so-called “E10 blend wall.”
Posted in Ethanol, EPA, Renewable Fuel Standard
NREL Analysis Affirms the Soundness of E15 and Exposes the Flaws in the CRC Engine Durability Study
The National Renewable Energy Laboratory (NREL) has carefully completed reviewing 43 studies on the effects of E15 on engine durability, emissions, and other factors and issued a report finding that the available literature “…did not show meaningful differences between E15 and E10 in any performance category.”
Ethanol Debate About Fairness to Consumers, Not Subsidies
Apparently, the Wall Street Journal’s zealous defense of the oil industry knows no bounds. Bob Dinneen states why the paper has bet on the wrong horse in this letter to the editor.
Posted in Ethanol, Gas Prices, Oil
The Chicago Tribune’s About-Face is Giving Bob Dinneen a Sore Neck
With the Tribune's flip flop on its position over the RFS, RFA chief Bob Dinneen has taken the initiative to point out how the policy has been good for farmers and consumers.
Posted in Corn, Gas Prices, Renewable Fuel Standard
Dinneen: RFS an Economic Boon for America
The RFS saves consumers money, decreases foreign oil dependence, and creates jobs, states Bob Dinneen in a letter to the editor of the Daytona Beach News-Journal.
Posted in Gas Prices, Jobs, Renewable Fuel Standard
The RFS Gives Consumers What They Want: Choice
In a letter to the editor, Bob Dinneen states that the RFS gives consumers choice at the pump. It’s time, he says, for people to stop attacking the most effective energy policy our nation has ever seen.
Posted in E15, Gas Prices, Jobs, Renewable Fuel Standard
Bob Dinneen Fact-Checks the Fort Dodge Messenger
RFA head Bob Dinneen submitted the following letter to the editor of the Fort Dodge Messenger News.
Posted in E15, Renewable Identification Numbers, Renewable Fuel Standard
Look No Further Than the Numbers For Proof that the RFS Works
Need proof that the RFS is the single most effective energy policy this country has ever seen? Bob Dinneen submits the following reasons to the editor of the Marietta Daily Journal.
Posted in E15, Jobs, Renewable Identification Numbers, Renewable Fuel Standard
A Reality Check on API’s “RFS Reality Gap” Report
It’s time for a reality check. RFA's Geoff Cooper offers rebuttals to API’s far-fetched arguments from its recently-released report, tells the “rest of the story” that was conveniently omitted from the report’s misleading charts, and underscores the importance of staying the course with the RFS.
Posted in Environment, Oil, Production, Renewable Fuel Standard
Bob Dinneen Defends the RFS in a Letter to the Editor
Bob Dinneen, President and CEO of the Renewable Fuels Association, responds to the Denver Post editorial “Ease off throttle on fuel mandate.”
Posted in Jobs, Renewable Fuel Standard
July Sees Flat Ethanol Exports, Surge in Imports; DDG Exports Second-Highest Ever
Ethanol exports totaled 35.1 million gallons (mg) in July, up just 3% over June shipments. Imports totaled 56.8 mg, meaning the U.S. was a net importer for the second straight month.
RFA’s Dinneen Writes a Letter in Response to Article by Sen. Inhofe
Bob Dinneen, RFA President and CEO, clears up the facts in response to an article written by Senator Inhofe.
Posted in DDGS, Ethanol, Renewable Fuel Standard
N.D. Oil Industry Flares Off $1B Worth of Natural Gas…But Balks at Investments in Renewable Fuels
According to a recent study, government data show that nearly 30% of the natural gas extracted as a byproduct of fracking for oil in North Dakota is being burned off, or “flared.” That’s right, three out of every 10 cubic feet of natural gas extracted in North Dakota ends up being burned at the wellhead and released into the atmosphere.
Posted in Energy, Environment, Oil
AEC’s Coleman to WSJ: Stop Making Stuff Up
The Wall Street Journal calls cellulosic ethanol a failure. AEC's Brooke Coleman understands that the Journal does not like biofuels, but let’s stop making stuff up. It doesn't serve the interests of readers, he says, who are getting gouged at the pump
Bob Dinneen Straightens Out the Facts in a Letter to the Editor of the WSJ
As in previous cases, the Wall Street Journal is long on opinion and short on fact in its most recent editorial. RFA chief Bob Dinneen looks at a few items that the Journal either ignores or denies.
Posted in Corn prices, Ethanol, Oil, Renewable Identification Numbers, Renewable Fuel Standard
June Ethanol Imports Fall to Lowest Level in Nearly Three Years
U.S. ethanol exports fell to 34 million gallons (mg) in June, down 17% from May and the lowest monthly total since August 2010. Meanwhile, ethanol imports were 35.7 mg in June, meaning the U.S. was a net importer for the first time in six months.
What do Big Oil’s Quarterly Earnings Say About the Real Impact of RINs on U.S. Gas Prices?
It’s not surprising that many oil companies are yet again reporting huge profits for their quarterly financial results, but what is somewhat surprising is what these companies are telling investors, analysts, and the SEC about the real impacts of the RFS and RINs on their bottom line and U.S. fuel prices. Here are several revealing statements from these companies.
Posted in Gas Prices, Oil, Renewable Fuel Standard
Bob Dinneen to WSJ: Stop Spreading Big Oil’s Misinformation. RINs are Free!
RFA President and CEO Bob Dinneen submitted the following letter to the editor of the Wall Street Journal in response to a recent column that suggests RINs are behind spiking gas prices.
Posted in Ethanol, Gas Prices, Production, Renewable Fuel Standard
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