The Ethanol Industry and Competition
| August 23, 2010 | Posted by Brian Mcgraw under Economics |
Growth Energy, an ethanol trade group, released a blog post yesterday titled “In An Open Market, All Fuels Can Compete.” The blogger writes: Velasco is right when he says that “competition works.” But we can only compete in a fair and open market where consumers have access to all fuels. Redirecting current U.S. government supports…
Biofuels and Tax Expenditures
| August 23, 2010 | Economics |
One of the claims that the renewable energy groups continue to make, as their tax credits approach the chopping block, is that the U.S. is still unfairly subsidizing fossil-fuel energy sources. This is being used to justify the extension of the renewable energy tax credits, as renewable sources cannot compete on price with oil. (Of…
Faulty Ethanol Math
| October 16, 2009 | Commentary, Economics |
In a press release this week, Todd Sneller, administrator of the Nebraska Ethanol Board claimed, “if all the fuel sold in Nebraska in the past five years was E85, Nebraskans would have saved $2.6 billion.” Mr. Sneller might want to check his math. The pump price of E85 doesn’t account for the decreased…
Newt Hits Nail on the Head
| August 23, 2009 | Commentary |
This has nothing to do with ethanol per se, but sums up the Administration’s energy policy (biofuels included) pretty well. “But what I find distressing is that this Administration is opposed to looking for oil offshore, but the President bows to the Saudi King, the president is friends with Venezuela whose biggest impact on us…
Gonna Need More Time On This One
| May 18, 2009 | Commentary |
The Environmental Protection Agency announced it is extending the comment period by 60 days on a waiver application requesting an increase in the amount of ethanol blended into a gallon of gasoline to up to 15 volume percent (E15). The original public comment period was to end on May 21, 2009, and will now end…
Senior Republican on Ag Committee Sees Unintended Consequences of Ethanol
| May 12, 2009 | Posted by GasMan under Food or Fuel?, News, Policy |
GOODLATTE CALLS ON EPA TO STOP ETHANOL BLEND INCREASE Washington, DC: Today Congressman Bob Goodlatte was joined by many other Members of Congress in sending a letter to President Barack Obama, Agriculture Secretary Tom Vilsack and Environment Protection Agency (EPA) Administrator Lisa Jackson urging them not to approve the current request submitted to EPA to…
Montana Biodiesel Producer Owes Farmers 1.2M for last years crop
Don’t make assumptions that biofuels are always good for farmers. Check out this story from AP Associated Press — BILLINGS, MONT. — April 22, 2009 — A Montana biodiesel company, which has received more than $1.6 million in grants and loans from the state and a regional economic development corporation, owes farmers in Montana and..