RFA Says Ethanol Helps Gas Prices

RFAThe latest average cost for a gallon of gas nationwide, as reported by AAA, is $3.88, but it would already be $4.00 a gallon without ten percent ethanol.

According to the Renewable Fuels Association (RFA), based on current market conditions and federal renewable fuels policy, 10 percent ethanol blends (E10) are keeping gasoline prices $0.12 per gallon cheaper than they otherwise would be.

Ethanol Report PodcastI talked with RFA Association Vice President of Research and Analysis Geoff Cooper who explains the math behind that calculation (which you can also find on the RFA website) and how the 45 cent per gallon tax credit creates additional savings at the pump for consumers in this edition of “The Ethanol Report.”

Listen to or download the Ethanol Report on gas prices here: Ethanol Report on Gas Prices

Ethanol Report on Boat Racing

Fueled with PrideA new partnership between the ethanol industry and boat racers is hoping to dunk the image of ethanol as a bad fuel for boat engines.

Through the alliance between the Renewable Fuels Association (RFA) and the National Boat Racing Association (NBRA), the 2011 National Boat Racing Association Race Series will be “fueled with pride” and ten percent ethanol.

Ethanol Report PodcastThis edition of “The Ethanol Report” podcast features features comments from RFA Director of Market Development Robert White and NBRA president Dan Crummett about the new partnership and how it will demonstrate the safety and performance of ethanol-blended fuel in boat engines.

Listen to or download the Ethanol Report here: Ethanol Report on Boat Racing Partnership

National Ethanol Conference Wrap Up

Ethanol Report Podcast
The Renewable Fuels Association (RFA) celebrated 30 years of advocating for ethanol this week during the 16th annual National Ethanol Conference in Phoenix.

NEC 2011 Bob DinneenThis edition of “The Ethanol Report” podcast features an interview with RFA president and CEO Bob Dinneen on the conference, the state of the ethanol industry, the new Advanced Ethanol Council and recent developments in Congress regarding funding for ethanol expansion, as well as thoughts about higher oil prices.

The 2011 National Ethanol Conference Photo Album is up to date with all the conference photos and more posts will be added in the days to come. It was a great conference and we would just like to say “Happy Anniversary RFA!”

Listen to or download the Ethanol Report on the 2011 NEC here: Ethanol Report on National Ethanol Conference

Ethanol Report on New Advanced Ethanol Council

Ethanol Report PodcastIn this edition of “The Ethanol Report” podcast, we hear from the executive director of the newly formed Advanced Ethanol Council (AEC), Brooke Coleman.

Brooke ColemanColeman has been involved with the ethanol industry for over a decade, most recently as Executive Director of the New Fuels Alliance. He says that the new organization came together around a common theme. “The common theme is that both existing corn ethanol producers and tomorrow’s cellulose and advanced ethanol producers have a common interest – opening up U.S. fuel markets to the use of ethanol.”

“Advanced ethanol is truly on the cusp of commercialization,” he continued. “It’s a fuel that is not 15 years down the road, it’s a realistic option and there are plants in the ground already today producing advanced ethanol at demonstration and commercial scale.”

Coleman points out that the organization encompasses all types of advanced ethanol, not just cellulosic, which is a process that specifically uses cellulose to create ethanol. “At the end of the day, we want to make sure we develop market places for advanced ethanol – not just one type,” he said.

The AEC represents a wide range of advanced ethanol technologies utilizing feedstock from grasses and corn stalks to wood waste, municipal solid waste and algae to produce ethanol. The industry leaders founding the AEC include Abengoa Bioenergy , BlueFire Renewables, Coskata, Enerkem , Fulcrum BioEnergy, Inbicon, Iogen, Mascoma, Osage Bio Energy and Qteros, together with the Renewable Fuels Association.

Listen to or download the Ethanol Report on the new AEC here: Ethanol Report on Advanced Ethanol Council

Ethanol Report on World Supply Demand Estimates

Ethanol Report PodcastThe February USDA World Agriculture Supply and Demand Estimate (WASDE) report out today includes some revisions in grain use numbers. This edition of the Ethanol Report podcast with Renewable Fuels Association Vice President of Research Geoff Cooper takes a look at those numbers and provides some perspective from the ethanol industry standpoint.

For U.S. corn supplies, USDA lowered its forecast of marketing year ending stocks to 675 million bushels, down 70 million bushels from the January estimate. The change comes from slight increases in the estimates of corn for ethanol use and sweetener/starch use. Globally, USDA is estimating a slightly smaller grain (wheat, rice, corn, etc.) supply than last year’s record amount of more than 2.7 billion metric tons. “People lose sight of the global picture of the grain markets,” Cooper says. “The fact of the matter is, the global grain supply remains very strong.”

Cooper says RFA believes USDA may be slightly overestimating corn for ethanol use, even though export demand prospects remain strong. “Even if we do assume that we export 300 or 400 million gallons of ethanol in this marketing year, that still means the domestic market is going to need to absorb the remaining 13.3 or 13.4 billion gallons, which seems unlikely given the E10 blend wall and the fact that E15 hasn’t really penetrated the market yet.”

The estimates are likely to re-ignite the food versus fuel debate, but Cooper notes that higher prices will likely mean farmers will plant more corn this year. “It’s a basic concept that farmers respond to price signals,” he said.

Listen to the Ethanol Report here: Ethanol Report on February WASDE

Ethanol Report on the Year Ahead

Ethanol Report PodcastNow that 2010 is just a memory and Congressional leaders are returning to Washington this week to open the first session of the 112th Congress, what does the future hold for ethanol?

bob dinneen In this edition of “The Ethanol Report,” Renewable Fuels Association president and CEO Bob Dinneen gets out his crystal ball and talks about the year ahead for the ethanol industry.

Dinneen discusses the future for ethanol policy in the new Congress, what the EPA needs to do yet as far as getting E15 on the road, the next step in the challenge to California’s Low Carbon Fuel Standard, and plans for the 16th annual National Ethanol Conference, February 20-22 in Phoenix.

Listen to the Ethanol Report here: Ethanol Report on 2011

Ethanol Report on 2010

As the champagne corks pop this New Year’s Eve, the ethanol industry will be celebrating more than they were a year ago.

Ethanol Report PodcastIn this edition of “The Ethanol Report,” Renewable Fuels Association president and CEO Bob Dinneen talks about the year that 2010 was for the ethanol industry. “In many ways, 2010 was a record setting year,” Dinneen says. It was record setting for production, at about 13 billion gallons, and for exports. It also was the year that ethanol ran into the blend wall, and that EPA approved at least limited use of up to 15 percent ethanol in regular gasoline. But, the high note was the extension of the blenders tax credit for ethanol during the lame duck session of Congress, a priority for the industry that now provides for a year’s worth of breathing room to move on to the next level.

Listen to the Ethanol Report here: Ethanol Report on 2010

Ethanol Report on Senate Passage of Tax Bill

Ethanol Report PodcastIn this edition of “The Ethanol Report” we get reaction from Renewable Fuels Association president and CEO Bob Dinneen on the passage by the Senate of the compromise tax package that includes a one-year extension of important tax incentives for ethanol production and use.

Dinneen says they are thrilled with passage of the measure, which gives some stability to the industry for another year. “Would we like it to have been a longer incentive, as opposed to just a year? Certainly. But this allows us to move forward, it provides some certainty to the industry, and hopefully, it allows a more comprehensive discussion about energy tax policy to ensue next year,” he said.

Dinneen now expects the measure to pass the House with the ethanol incentives in place.

Listen to the Ethanol Report here: Ethanol Report on Senate Tax Vote

Ethanol Report on California LCFS

Ethanol Report PodcastThe California Air Resources Board (CARB) has decided to use the latest research on indirect land use change (ILUC) for implementing the state’s Low Carbon Fuels Standard (LCFS), meaning the current ILUC penalty for corn ethanol likely will be cut by at least half by the spring of 2011. The Renewable Fuels Association (RFA) says the resolution is good news for the ethanol industry, but expressed concerns about waiting until after the standard is implemented in January to make the revisions.

RFA Vice President for Research Geoff Cooper talks about the decision and its impact in this edition of “The Ethanol Report.”

Listen to the Ethanol Report here: Ethanol Report on California LCFS

Ethanol Report From NAFB

"RFAThere were lots of ethanol issues to discuss at the National Association of Farm Broadcasting annual Trade Talk event in Kansas City last week. The topics included the lame duck session of Congress, importance of renewing biofuels tax incentives, doing more to invest in cellulosic ethanol, labeling for E15 at the pump, just to name a few.

Renewable Fuels Association president and CEO Bob Dinneen says it is one of his favorite events of the year. "I think farm broadcasters are doing a lot of hard work trying to make sure that Americans understand the important debates that are going on in DC," Dinneen says. "I love these folks and I love being here."

"EthanolThis edition of "The Ethanol Report" comes from the NAFB meeting and Bob comments on all of these important issues facing the ethanol industry. He says he is optimistic about getting biofuels tax incentives extended. "I think that there's an opportunity to extend the ethanol tax incentive, the Bush tax incentives and also the biodiesel tax credit and other important tax incentives that need to be addressed before the end of this year." RFA joined with several other ethanol and agricultural organizations in writing a letter to Congressional leaders about the need to address extension of the Volumetric Ethanol Excise Tax Credit (VEETC) and the Alternative Fuel Infrastructure Credit, and to broaden the definition of the cellulosic ethanol producer tax credit to include additional feedstocks like algae.

Dinneen spoke at the Cellulosic Biofuels and Biorefineries Summit in Washington, DC today to stress the importance of encouraging investment in cellulosic ethanol. "I'm strongly supportive of a refundable investment tax credit, because you've got to do some innovative things to free up capitol and allow cellulosic ethanol to move forward," he says.

Listen to the Ethanol Report here: "Ethanol

Nevada Supreme Court Allows Seizure of Casino’s Assets in Dues Dispute.

Knight Ridder/Tribune Business News April 11, 2002 By Ed Vogel, Las Vegas Review-Journal Knight Ridder/Tribune Business News Apr. 11–CARSON CITY, Nev.–The Supreme Court Wednesday lifted its order blocking the Fremont Street Experience from seizing $1.9 million from the cage of Binion’s Horseshoe. here fremont street experience

In a 3-0 vote, the court said it should not intervene in the case at this time. The justices said the Horseshoe could secure a cash bond to avoid attachment of its assets to cover payments due to the Fremont Street Experience pedestrian mall.

Because adequate remedies exist for the casino, Justices Miriam Shearing, Bob Rose and Nancy Becker denied the Horseshoe’s request to block the attachment of its assets.

Pat Riley, an attorney for the Fremont Street Experience, said it is trying to reach a settlement with the Horseshoe and will not move immediately to attach the money. go to site fremont street experience

“There is a possibility we can work this out amicably,” he said.

The court on Feb. 8 temporarily voided an order by District Judge Gene Porter that allowed the seizure of Horseshoe assets to cover its share of the mall’s dues.

Horseshoe officials had said a seizure would jeopardize the casino’s ability to stay open. Removal of $1.9 million from the cage would have placed the casino below the state-required minimum of $1.2 million cash on hand.

Riley estimated a cash bond to cover the debt could be secured for little more than $20,000 and the Horseshoe could avoid talk of shutting its doors.

A Horseshoe lawyer did not respond to a call for comment Wednesday.

While the court decision allows the Fremont Street Experience to take the due payments, the Horseshoe still has a pending District Court case challenging the Fremont Street Experience’s operating agreement.

Its lawyers claim that the Fremont Street Experience’s actions violate federal antitrust law, state law and city ordinances. They also claim the hotel-casino’s dues are unfairly large compared with those paid by competing downtown properties.

“We haven’t won the case yet,” Riley said. “This is all about security on a debt.” In court filings in February, the Horseshoe said it would lose $260,000 in daily revenues if forced to close.

The company employs more than 1,700 employees and has an annual payroll of $38 million.

RFA Reacts to EPA Decision on Higher Ethanol Blends

Renewable Fuels Association president and CEO Bob Dinneen says the Environmental Protection Agency is missing an opportunity to reduce America’s dependence on foreign oil and create new economic opportunity by limiting its decision on E15 (15% ethanol/85% gasoline) to only model year (MY) 2007 and newer vehicles.

Renewable Fuels Association Logo“EPA’s scientifically unjustified bifurcation of the U.S. car market will do little to move the needle and expand ethanol use today,” said RFA President and CEO Bob Dinneen. “Limiting E15 use to 2007 and newer vehicles only creates confusion for retailers and consumers alike. America’s ethanol producers are hitting an artificial blend wall today. The goals of Congress to reduce our addiction to oil captured in the Renewable Fuels Standard cannot be met with this decision.”

Dinneen is especially concerned about the labels required at the pump that are likely to lead to confusion among consumers and issues with retailers.

Listen to an interview with Dinneen on the decision here. RFA Reacts to EPA Ruling on E15

Ethanol Report on Export Exchange Turnout

Ethanol Report PodcastThis edition of “The Ethanol Report” features comments from participants in last week’s Export Exchange held in Chicago to promote exports of the ethanol co-product distillers dried grains with solubles (DDGS). About 500 buyers and sellers of DDGs from the United States and over 30 countries took part in the two day event.

We hear from event sponsors Renewable Fuels Association (RA) President and CEO Bob Dinneen and U.S. Grains Council (USGC) CEO and president Tom Dorr, as well as Rick Tolman with the National Corn Growers Association, ethanol producers Ray Defenbaugh and Walter Wendland, and South Dakota extension swine specialist Dr. Robert Thaler. We have lots more still to post from that event, but this report provides a nice taste of how it went.

Listen to or download the Ethanol Report here: DDGS Ethanol Report

Ethanol Report With New RFA Chairman

Kaapa EthanolThe board for directors for the Renewable Fuels Association (RFA) last week elected Chuck Woodside, General Manager of farmer-owned KAAPA Ethanol in Minden, Nebraska as the new chairman for the organization. The election was held at RFA’s Annual Membership Meeting in Washington, DC. Woodside succeeds Chris Standlee, Executive Vice President of Abengoa Bioenergy, who served for three one-year terms.

Ethanol Report PodcastChuck Zimmerman interviewed Woodside for this edition of “The Ethanol Report” to find out what his goals are for the coming year and key issues facing the ethanol industry. He said that RFA will be most involved in the coming year in efforts to extend current tax incentives for ethanol use, expanding ethanol markets through higher ethanol blend such as E15 and above, modifying fuel regulations to allow greater ethanol blending, challenging regulation of biogenic emissions by EPA, addressing incomplete science with respect to low carbon fuel regulations, developing next generation ethanol technologies, and expanding the market for distillers grains and other ethanol coproducts.

“This is an exciting time for American ethanol production,” Woodside said. “If acted upon correctly, all of the challenges and opportunities before the industry will usher in a golden era of American ethanol production and help turn the corner toward true energy security in this country. The RFA and its members stand ready, as they always have, to help this industry build bridges and move ever forward.”

Listen to or download the Ethanol Report here: New RFA Chairman

Ethanol Report on Export Exchange

This edition of “The Ethanol Report” features comments from Renewable Fuels Association (RA) President and CEO Bob Dinneen and U.S. Grains Council (USGC) CEO and president Tom Dorr about promoting exports of the ethanol co-product distillers dried grains with solubles (DDGS).

usgcThe two organizations are working together on the upcoming “Export Exchange” conference that will focus on increasing U.S. exports of DDGS. “This is going to be an opportunity for two and a half days in which people can get together, meet with buyers, meet with producers, listen to nutritionists, analysts and others explain the value of how to use and how to access these products,” says Dorr.

Ethanol Report PodcastDinneen says exports are critical because the industry has already hit “a feed wall” when it comes to use of DDGS in the domestic livestock industry. “While domestic markets for DDGS continue to expand, quite frankly we’ve grown that market pretty rapidly over the last several years and the opportunity for continued expansion domestically are fewer and farther between.” That’s why RFA believes the conference is a must-attend event for ethanol producers. “Because DDG marketing is so important to the bottom line of an ethanol producer. About 40 percent of your feedstock costs can be recovered in the marketing of DDG,” Dinneen said.

The Export Exchange is being held October 6-8 at the Hyatt Regency McCormick Place Hotel in Chicago, Ill. More information and registration is available on-line here.

Listen to or download the Ethanol Report here: Export Exchange Ethanol Report

Ethanol Promotion Success at Sturgis

Promotion of ethanol to motorcycle lovers was a bigger success this year than last.

Ethanol Report PodcastThis edition of the “Ethanol Report” with Renewable Fuels Association (RFA) Director of Market Development Robert White takes a look at how their sponsorship at the 70th annual Sturgis Motorcycle Rally went this year.

RFA Sturgis Fueled with Pride 2010This is the second year that RFA partnered with the Legendary Buffalo Chip campgrounds which is the main venue for the huge motorcycle rally that draws hundreds of thousands each year, and this year was even bigger than last year. “We had a much larger than anticipated crowd,” Robert says. “Attendance was less than 500,000 last year and while the final numbers aren’t in, most are suggesting it was above 800,000 this year.”

That gave Robert lots of opportunities to talk with motorcycle owners about using ethanol in their engines, which most of them are doing without even knowing it. “There’s 16 states out there that don’t require labeling at the pump for anything 10 percent and below, so a lot of these guys and gals have been using ethanol for some time and just didn’t know it. So, they are their own case study.”

There was lots of ethanol signage and giveaways at the campground and during the concerts at the venue and RFA also utilized social media for promotions at the event. “I was giving away ethanol t-shirts that were Sturgis 2010 specific on Twitter and Facebook and we had a Facebook Fan Appreciation party where over 100 people showed up and the only way they were invited was through Facebook,” Robert says. Pictures of the event can be found here on RFA’s ethanolpics Flickr photo album.

Listen to Robert tell the story of promoting ethanol at Sturgis in this Ethanol Report podcast. Sturgis Recap Report

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