NEWS

POSTED: 05/17/2012

Amyris and the challenges of scaling biofuels production

  Advanced-biofuel developers are finding it tough to scale up   The disclosure on last week’s earning call from Amyris that it was shuttering or scaling down production at two of its three facilities, effectively putting off major biofuels production for another two to three years, is not altogether surprising....

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POSTED: 05/16/2012

Study claims ethanol lowered gas prices $1+ per gallon in 2011

Study: Ethanol cut wholesale gas prices by $1.09 per gallon in 2011   America’s use of domestically produced ethanol reduced wholesale gasoline prices by an average of $1.09 per gallon in 2011, according to updated research conducted by economists at the University of Wisconsin and Iowa State University. In...

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POSTED: 05/16/2012

Report casts doubt on E15 use in cars and trucks

Report casts doubt on E15 use in cars and trucks   Automakers and the oil industry released a report today that casts doubt on the safety of gasoline containing 15 percent ethanol and shows that at least some engines running the fuel suffered damage during recent testing. But ethanol backers and the Obama administration...

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POSTED: 05/16/2012

Oil industry doubts ethanols price impact

Oil industry doubts ethanols price impact   The oil industry fired back this week at a study that contends gasoline prices in the United States would be more than $1 per gallon higher if not for ethanol. The American Fuel and Petrochemical Manufacturers said in a written statement the conclusions coming out of...

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POSTED: 05/16/2012

Ethanol Advances Most in Three Weeks on Speculation Glut Easing

Ethanol advanced the most in more than three weeks on speculation that a supply glut is easing.   Futures rose for a second day after the Energy Department said stockpiles slid 3.5 percent to 20.6 million barrels in the week ended May 11, the lowest amount since Jan. 27. Production of conventional gasoline mixed...

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POSTED: 05/16/2012

Ethanol concerns bring customers to more costly pure gas stations

Ethanol concerns bring customers to more costly pure gas stations   When looking to fill up your tank, would you drive farther to pay more? Randy Hake’s customers are doing just that, since he’s the only gas station in York County, Pa., selling “pure” ethanol-free fuel. “I get 20.1...

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POSTED: 05/16/2012

A New Skirmish in the Ethanol Wars

A New Skirmish in the Ethanol Wars   The auto and oil industries plan to release a report on Wednesday indicating that some cars running on E15, the 15 percent ethanol blend that was recently authorized by the Environmental Protection Agency, experienced engine damage. But officials at the Energy Department counter...

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POSTED: 05/14/2012

Are the good times over for Iowa corn

A price drop would have effects throughout the state’s economy.   Iowa’s farmers and state economy watchers face the reality that a “historically rare period” of prosperity for Iowa agriculture may be ending. The U.S. Department of Agriculture last week forecast a return to more normal corn surpluses...

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POSTED: 05/14/2012

IMF Warns that oil prices could double by 2022

Global trade would be profoundly affected if crude prices permanently doubled from current historic high of $113 a barrel   The oil prices warning comes as the International Energy Agency predicts fuel consumption will accelerate for the rest of this year The International Monetary Fund (IMF) has been warned...

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POSTED: 05/14/2012

Summer gas prices will not be as high as feared

Ethanol production helps decrease domestic oil demand   Gasoline for your summer vacation isn’t going to be cheap, but it’s unlikely to be as expensive as once feared. Average gas prices a month ago were $3.63 on the Missouri side of the Kansas City area and a few cents higher on the Kansas side, and they...

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