The E-Xchange — Oil
Ethanol and the Politics of OPEC
As if more evidence was needed that America must end its coerced affair with OPEC, Javier Blas at the Financial Times reports that $100+ oil is likely the new norm. Why? Because OPEC members like Venezuela and Iran need to balance their books after years of “rampant military spending.”
A Fresh Look at Ethanol’s Impact on Oil Markets: Weakening WTI, Waning Imports, and WikiLeaks
Whether it’s the surprising price spread between WTI and Brent crude prices, declining oil imports, lower gasoline prices at the pump, or the frayed nerves of a Saudi oil minister, U.S. ethanol is clearly having a meaningful impact on U.S. and global oil supplies, demand, and prices.
Posted in Ethanol, Energy, Exports, Oil, Production
Ethanol is helping form the backbone of a new rural economy
America's commitment to ethanol and renewable fuels has been a unparalleled success for rural America. It has created jobs, spurred economic activity, and even given some rural residents a reason and the opportunity to move back home. Yet, critics of ethanol would lead you to believe that ethanol is the scourage of rural America. A new paper from an anti-ethanol group, Food and Water Watch, goes so far as to compare domestic ethanol production to the illegal methamphetamine plague impacting rural areas. Like much of the rhetoric from those opposing ethanol, this paper is not based on the facts and takes poetic license to irresponsible levels.
Posted in Agriculture, Ethanol, Environment, Food, Fuel, Jobs, Oil, Production, Renewable Fuels
RFA Urges New Hampshire to Reject Ethanol Ban
Today, ethanol-blended fuels are bringing the price down at the pump for consumers. Customers are able to spend between a nickel and a dime less than what they would pay for conventional gasoline. Despite this, the New Hampshire House of Representatives recently voted to put a ban on corn-based ethanol in the state. This bill will not only increase gas prices and lead us down a road toward more imported oil, it will also hinder the very market into which advanced and cellulosic ethanol producers will one day want to sell.
Posted in Ethanol, Fuel, Oil, Renewable Fuels
States Take Polar Opposite Stances on Ethanol Use, Imported Oil Demand
As oil prices soar and gas prices spike even before the start of the summer driving season, lawmakers in Nebraska and New Hampshire take divergent positions on America's dependence on oil. One is seeking to increase its use of domestic renewable fuels. The other is choosing to head down a path of increased oil dependence.
Posted in E15, Ethanol, Fuel, Oil, Renewable Fuel Standard
Nebraska Takes Important Step to Increasing Ethanol Use
The Nebraska Senate has taken an important step toward increasing the state's use of domestically produced ethanol by approving a bill to repeal labeling requirements for 10 percent ethanol blends. This is a good first step, but oil interests in the state will not swallow this bill without a fight.
$100 Oil and Congress Asks for Seconds
As turmoil and violence rattle the Middle East and Northern Africa, the fragile American and worldwide economic recovery is being put into jeopardy as oil prices continue their climb over $100. Meanwhile, the U.S. Congress is voting on provisions that would limit use of the only widely available alternative to imported oil…Ethanol.
Posted in Congress, E15, Ethanol, Energy, Fuel, Oil, Production, Renewable Fuel Standard, USDA, VEETC
Egypt, Ethanol and Armchair Punditry Part II- From the Suez to the Strait of Hormuz
While some of the most violent clashes in Egypt have calmed, the situation remains very volatile. A peaceful resolution and the institution of a truly democratic government are everyone’s hopes for the people of Egypt. But the unrest and the possibility that it could spread to other countries in the Middle East underscores the need for America to get serious about a domestic energy policy.
Egypt, Ethanol and Armchair Punditry – Part 1
As millions of Egyptians engage in a life and death struggle for the future of their country, pundits in the Western media are taking the opportunity to blame all of their favorite scapegoats for the insecurity. American ethanol production is not escaping their wrath. As has always been the case, the “facts” used by these pundits just don’t match the world reality.
NPR: Lop-sided and Outdated. Where’s Big Oil?
As NPR is still reeling from the November congressional and public outcry to bar local public radio stations from using taxpayer dollars to purchase NPR programing as a result of perceived bias in “reporting”, it is very surprising that NPR would then turn around and run a lop-sided and at times miserably outdated series on ethanol as produced by Harvest Public Media. After listening and reading the past two days’ “reports”, a number of items need to be addressed.
Posted in Agriculture, Ethanol, Environment, Jobs, Oil, Production
Anti-Ethanol Voices Crank Up Before E15 (initial) Announcement
Not ones to miss an opportunity to cricitize renewable fuels, a group led by the usual suspects of Big Oil and Big Food can come out against E12. While its unclear why such a statement is being made now, it nonetheless will not go unanswered.
The American Spectator: Voice of Big Oil?
The August 27 blog post “Corny Capitalism” on the American Spectator website begs the question: When did The American Spectator stop fact checking? In fact, with the outdated information used in this story, one has to wonder how long it sat on the shelf waiting for a slow, sleepy week in summer to be dusted off and electronically published. And what is Matt Purple and The American Spectator’s answer to ending this country’s dangerous – both in terms of human life as well as the environment – addiction to foreign oil? It would appear that they would prefer to continue the status quo of sending billions and billions of dollars to hostile countries like Iraq and Venezuela.
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