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DTN Daily Ethanol Comments
7/30/10 4:55PM
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Ethanol Futures Rally, Following Corn Price Surge
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Friday's move in ethanol price was a classic example of follow the leader. The ethanol market tried its hardest to keep up with the corn markets' move higher, and the corn market followed the wheat market that was sharply higher. The increased costs of corn created weaker ethanol plant margins and higher cost to produce fuel. |
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Land near the Chernobyl nuclear explosion that is plagued by radioactive particles could become greener from the use of biofuel crops, AZoCleantech, reported. A large bioethanol plant to be built by the government of Belarus and Ireland-based Greenfield, would use biomass crops grown on the contaminated land as fuel.
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Jamaica Sells Sugar Refineries to Complant
07/30 11:58AM
Jamaica is scheduled to finalize the sale of three of the country's three remaining sugar refineries to China-based Complant International for a total of $9 million, 123Jump.com reported. The sale will hopefully support the construction of an ethanol refinery to help alleviate Jamaica's crude oil imports, as Complant is completing a feasibility study of building a $180 million, sugar-based ethanol refinery with a capacity of 220,000 per year.
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Looking for Gold in Ethanol
07/30 11:46AM
BioDimensions Inc. is developed its own crop of biofuel feedstocks near Jackson, Tenn., as well as testing an ethanol-fueled irrigation system in West Memphis, the Memphis Business journal reported. The studies come a year after a study commissioned by the Memphis Bioworks Foundation estimated a potential for an $8 billion biofuel and bio-productions production market in the Mid-South, as well as supporting as many as 25,000 "green" jobs in the next 10 years.
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Europe Lags Behind U.S., China on Biofuels Use
07/30 11:36AM
Europe's lack of political direction is responsible for the fact that it lags behind the U.S. China and Brazil in biofuel development, according to Novozymes CEO Steen Riisgaard. The tops three countries are moving ahead with plans, such as Brazil's goal to displace 10 percent of global gasoline use with ethanol by 2020, China's testing of corn-based ethanol or the fuel standards the U.S.
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Ethanol Briefs
7/6/10 2:46PM
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Brief news items pertaining to ethanol. |
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Biodiesel Briefs
7/16/10 10:33AM
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Brief news items pertaining to biodiesel. |
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Group Pushes for Ethanol Amendment
7/30/10 02:06PM
Fri Jul 30, 2010 02:06 PM CDT
Pro-ethanol group Growth Energy on Friday expressed support for a legislative proposal in Washington, D.C., that would boost ethanol marketing around the country.
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Biodiesel Firm Misses Tax Credit
7/19/10 05:10PM
Mon Jul 19, 2010 05:10 PM CDT
Patriot Biodiesel is fighting to stay in business after two government subsidies -- one federal the other state -- expired, forcing the cost of its product higher in the open market, which caused a drop in sales.
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EWG: Cut Ethanol Subsidies
7/20/10 06:33AM
Tue Jul 20, 2010 06:33 AM CDT
The Environmental Working Group released a report late last week that said ethanol's contribution to reducing U.S. dependence on imported oil was smaller than the government subsidies the industry's has received so far.
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DOE Study Supports Pipeline
7/20/10 09:41AM
Tue Jul 20, 2010 09:41 AM CDT
A study release Monday by the U.S. Department of Energy says a pipeline for shipping ethanol from the Midwest to the East Coast is feasible under certain scenarios.
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Groups: Extend Ethanol Tax Credit
7/20/10 05:31PM
Tue Jul 20, 2010 05:31 PM CDT
Four major pro-ethanol groups sent a letter on Monday to key pro-ethanol lawmakers on Capitol Hill urging them to keep pressing for the extension of ethanol tax incentives that are scheduled to expire at various times starting at the end of this year.
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REG Acquires Two Calif. Biodiesel Firms
7/20/10 05:39PM
Tue Jul 20, 2010 05:39 PM CDT
Renewable Energy Group, a biodiesel producer and marketer, on Tuesday announced two acquisitions and assumption of a used-cooking-oil supply agreement.
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Green Plains Eyes Corn Oil Extraction
7/22/10 08:48AM
Thu Jul 22, 2010 08:48 AM CDT
Omaha-based Green Plains Renewable Energy, Inc. plans to implement corn oil extraction technology at its ethanol plants, according to a news release from the company.
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Alion Eyes Pennycress Seeds for Biofuel
7/23/10 09:03AM
Fri Jul 23, 2010 09:03 AM CDT
Virginia-based Alion Science and Technology was awarded a contract from the Biotechnology Research and Development Center to develop models that will assess options for processing pennycress seeds into biofuels, according to a news release from Alion.
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Groups: Don't Hike Ethanol Blend
7/27/10 08:35AM
Tue Jul 27, 2010 08:35 AM CDT
A letter sent to U.S. Senate Majority Leader Harry Reid, D-Nev., and Senate Minority Leader Mitch McConnell, R-Ky., from 36 industry and environmental groups urged the Senate leaders to oppose any amendment to an upcoming energy bill that would increase the allowable ethanol blend ratio in gasoline above the current 10 percent maximum for conventional vehicles.
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Expanding E85 in Vegas
7/27/10 09:57AM
Tue Jul 27, 2010 09:57 AM CDT
Growth Energy has joined forces with CJW Petroleum to offer E85 at a station in north Las Vegas.
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UL Certifies Dual-Hose Ethanol Blenders
7/27/10 04:18PM
Tue Jul 27, 2010 04:18 PM CDT
Underwriters Laboratory has issued certification to the dual-hose ethanol blender available in Dresser Wayne Ovation eco-fuel dispensers and Gilbarco Encore blenders.
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European Ethanol Output Up 31% in 2009
7/28/10 09:57AM
Wed Jul 28, 2010 09:57 AM CDT
European fuel ethanol production continued to increase considerably in 2009, climbing 31 percent over the previous year, according to eBIO.
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EIA: US Ethanol Stocks, Plant Output Down For Week Ended July 23
7/28/10 11:00AM
Wed Jul 28, 2010 11:00 AM CDT
The Energy Information Administration said Wednesday that total U.S. ethanol stocks were 19.523 million barrels (bbl) for the week-ended July 23, down 354,000 bbl from the previous week.
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|
| State |
Today's Avg. |
Change |
| Alabama |
1.9912 |
0.0337
|
| Arkansas |
1.8277 |
0.0001
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| Colorado |
1.7860 |
0.0000
|
| Florida |
2.0567 |
0.0350
|
| Georgia |
1.9025 |
0.0200
|
| Iowa |
1.6801 |
0.0041
|
| Idaho |
1.9305 |
0.0000
|
| Illinois |
1.8020 |
0.0057
|
| Indiana |
1.7242 |
0.0067
|
| Kansas |
1.7242 |
0.0076
|
| Louisiana |
2.0150 |
0.0400
|
| Michigan |
1.7283 |
0.0083
|
| Minnesota |
1.6879 |
0.0062
|
| Missouri |
1.7768 |
0.0084
|
| Mississippi |
1.7970 |
0.0225
|
| Montana |
1.7688 |
0.0000
|
| North Carolina |
1.8858 |
0.0134
|
| North Dakota |
1.7012 |
0.0024
|
| Nebraska |
1.6822 |
0.0077
|
| Ohio |
1.7206 |
0.0019
|
| Oklahoma |
1.7895 |
0.0027
|
| Oregon |
1.7908 |
0.0000
|
| South Carolina |
1.8690 |
0.0078
|
| South Dakota |
1.7304 |
0.0019
|
| Tennessee |
1.9000 |
0.0050
|
| Texas |
1.8000 |
0.0050
|
| Virginia |
1.9333 |
0.0100
|
| Washington |
1.9087 |
0.0000
|
| Wisconsin |
1.7815 |
-0.0105
|
| Wyoming |
1.7771 |
0.0000
|
| |
|
|
| Average Price |
1.8156 |
0.0082
|
| Previous Average Price |
1.8074 |
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Sat, Jul 31, 2010 8:07 PM CDT
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