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
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
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
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
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
Letter to the Editor - Dinneen to Big Oil: Focus on the Facts
RFA’s President and CEO Bob Dinneen submitted the following letter to the Orlando Sentinel in response to their recent article featuring Charles Drevna, President of the American Fuels & Petrochemical Manufacturers.
Posted in Environment, Gas Prices, Jobs, Oil, Renewable Fuel Standard
Phillips 66 May Find the Renewable Fuel Standard Unstoppable Despite Herculean Effort to Stop It
Phillips 66 CEO Greg Garland said the RFS was “unworkable”. Bob Dinneen says that’s just silly talk. The RFS is a proven success having stimulated investment, created jobs, and significantly lowered our dependence on foreign oil.
Posted in E15, Ethanol, Oil, Renewable Fuel Standard
Ethanol, Corn Prices, Government Payments, and the REAL Reason Meat Groups Oppose the RFS
One of the questions posed by the House Energy & Commerce Committee asked whether ethanol and the RFS have impacted corn prices. Our response? Yes, of course ethanol expansion has added value to corn prices—that was the point!
Posted in Corn prices, Ethanol, Renewable Fuel Standard, USDA
IER’s Response to Politico Op-Ed Smells Like a Skunk
In a new post on the Institute for Energy Research blog, Robert Murphy suggests that I mislead Politico readers in a recent op-ed about the RFS, RIN credits, and gas prices. IER claiming that I misrepresented the facts on the RFS is a bit like a skunk saying a rose smells bad.
Posted in Ethanol, Environment, Gas Prices, Renewable Fuel Standard
Bob Dinneen Gives the WSJ a Failing Grade
Bob Dinneen, President and CEO of the Renewable Fuels Association, responds to a recent Wall Street Journal editorial.
Posted in Ethanol, Gas Prices, Renewable Fuel Standard
Dinneen to Forbes: Forbes Should Be Advocating For, Not Arguing Against, Increased Competition
Bob Dinneen, RFA President and CEO, responds to a Forbes editorial attacking the Renewable Fuel Standard.
Posted in E15, Ethanol, Renewable Fuel Standard
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