Keyword: ethanol

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  • The Latest: Trump says he will end 'war on American farmer'

    08/27/2016 5:55:28 PM PDT · by 2ndDivisionVet · 68 replies
    Lancaster Farming ^ | August 27, 2016 | The Associated Press
    WASHINGTON (AP) The Latest on the 2016 presidential campaign (all times EDT): 4:20 p.m. Donald Trump is telling Iowans that one of his campaign goals is to "make America grow again." Speaking at a rally Saturday in Des Moines, Iowa, Trump touted his plans to boost economic growth and help American farmers, including his proposal to lower the tax rate on family farms to 15 percent....
  • EPA Just Declared War On Millions of Car Owners

    05/25/2016 3:54:04 AM PDT · by IBD editorial writer · 147 replies
    Investor's Business Daily ^ | 5/25/2016 | Staff
    Energy: The EPAs proposal to increase the amount of ethanol that must be blended into gasoline is a trifecta of regulatory abuse. It will do nothing for the environment, it will do nothing for energy security, and it could wreck millions of car engines
  • gasoline - ingenious marketing

    05/19/2016 3:30:52 PM PDT · by littlebird · 83 replies
    May 18, 2016 | littlebird
    every time I fill up my car, I suspect all the different octane gasoline are exactly the same, 91 octane. The only difference is what it is called (eg. gold) and the price. Gas company puts in the same octane gas, with a little advertising, gets more money by calling it gold or premium plus. It is all marketing. Unsuspecting driver feels better buying higher price gas for their beloved car. Any one likes to comment.
  • EPA seeks to boost ethanol in fuel supply

    05/18/2016 2:26:28 PM PDT · by jazusamo · 43 replies
    The Hill ^ | May 18, 2018 | Timothy Cama
    The Environmental Protection Agency (EPA) wants to increase the amount of ethanol and other biofuels in the nations fuel supply. But the volumes proposed Wednesday under the renewable fuel standard (RFS) still fall under targets written into the 2007 law that created the program. That ended up angering both the ethanol industry, which wants more of its product to be mandated, and the oil industry, which wants the program rolled back. The agency plans to mandate that 18.8 billion gallons of biofuels be blended into the countrys gasoline and diesel supply next year. Of that amount, 14.8 billion gallons can...
  • If anything, globalization increased the cost of meat in America

    04/19/2016 5:19:56 AM PDT · by expat_panama · 26 replies
    American Thinker ^ | April 19, 2016 | Sierra Rayne
    Returning to this quote from Kevin Williamson's well-known article from National Review: The manufacturing numbers -- and the entire gloriously complex tale of globalization -- go in fits and starts: a little improvement here, a little improvement there, and a radically better world in raw material terms (and let's not sniff at those) every couple of decades. Go back and read the novels of the 1980s or watch The Brady Bunch... ...the cost of butter was not a major financial concern for well-to-do families in the 1980s, or now. But another of Williamson's points needs to be addressed: the...
  • MIT Report: Carbon Tax Necessary to Break Fossil Fuel Dependence

    03/03/2016 3:06:18 PM PST · by bananaman22 · 34 replies
    Oilprice.com ^ | 03-03-2016 | MIT
    Renewable energy advocates like to point out that the cost of renewable fuels, like solar power, have dropped substantially in the last few years. The cost of solar power for instance has fallen by more than two-thirds since 2009. Yet for all the excitement about renewable power, the reality is that the entire energy sector has essentially been in a state of deflation for the last decade. The notable drop in oil prices over the last two years aside, costs of producing oil both in the U.S. and in many parts of the world have fallen dramatically. The phase out...
  • Chesapeake Founder Aubrey McClendon Dies In Car Crash One Day After Federal Indictment

    03/02/2016 12:28:02 PM PST · by Nachum · 55 replies
    zero hedge ^ | 3/2/16 | tyler durden
    Just one day after the DOJ unveiled its had indicted Chesapeake Founder and former CEO Aubrey McClendon on federal charges of conspiring to rig bids for oil and natural gas leases, moments ago the Oklahoma Police announced that he was found dead in a car accident, when while traveling in a 2013 Chevy Tahoe at a high rate of speed he crashed while driving on a two-lane highway and was engulfed in flames. FORMER CHESAPEAKE CEO MCCLENDON DEAD AFTER CAR ACCIDENT: CNBCOKLAHOMA CITY POLICE SAY AUBREY MCCLENDON DEADMCCLENDON WAS GOING FASTER THAN SPEED LIMIT: POLICEMCCLENDON WAS ALONE IN 2013 CHEVY...
  • Rep. Steve King: GOP Establishment Could Back Hillary if Trump or Cruz Wins Nomination

    03/01/2016 9:58:16 PM PST · by ObamahatesPACoal · 79 replies
    Breitbart ^ | John Hayward
    Congressman Rep. Steve King (R-IA) 79% appeared on Breitbart News Daily Tuesday morning to support Senator Sen. Ted Cruz (R-TX) 97% in todays crucial primary elections and to warn that the GOP Establishment is determined to punish Trump and Cruz supporters, and they could even tacitly get behind Hillary Clinton as someone they can do business with if Cruz or Trump wins the nomination.
  • Cruz is big oil’s new crush as donors cool to Bush

    02/20/2016 3:02:44 PM PST · by 2ndDivisionVet · 48 replies
    The San Antonio Express-News | February 19, 2016 | Alex Nussbaum and Meenal Vamburkar, Bloomberg News |
    Link only due to copyright issues: http://www.expressnews.com/business/eagle-ford-energy/article/Cruz-is-big-oil-s-new-crush-as-donors-cool-to-6843524.php
  • Trump Voter Who Switched to Cruz

    02/19/2016 2:10:03 PM PST · by Cincinatus' Wife · 143 replies
    EIB ^ | February 19, 2016 | Rush Limbaugh
    Sylvania is up next from San Diego. Hi, Sylvania. Glad you waited. You're up next on the EIB Network. CALLER: Hi, Rush. I was a big Trumpster from the get-go. The way he caught my attention was when he started saying "make America great again" and we're going to "win" again. For me that was the keyword, winning, because I was absolutely exhausted and tired of losing seven years. I wanted to win. So I was with Donald Trump from the beginning. But then also Ted Cruz kind of started getting my attention. And I was thinking and looking at...
  • Saudis, Russia Agree to Freeze Oil Output; Iran Still Resists

    02/16/2016 11:08:01 AM PST · by Trumpinator · 12 replies
    nbcnews.com ^ | Feb 16 2016, 9:34 am ET | Reuters
    Saudis, Russia Agree to Freeze Oil Output; Iran Still Resists by Reuters Feb 16 2016, 9:34 am ET Top oil exporters Russia and Saudi Arabia agreed on Tuesday to freeze output levels but said the deal was contingent on other producers joining in - a major sticking point with Iran absent from the talks and determined to raise production. The Saudi, Russian, Qatari and Venezuelan oil ministers announced the proposal after a previously undisclosed meeting in Doha. It could become the first joint OPEC and non-OPEC deal in 15 years, aimed at tackling a growing oversupply of crude and helping...
  • Just a fraction of the world's oil supply isn't profitable at $35 a barrel

    02/12/2016 12:52:48 PM PST · by Zhang Fei · 18 replies
    Business Insider ^ | 2/12/2016 | Bob Bryan
    Wood Mackenzie's report, cited by the energy news service Platts, said about 3.4 million barrels' worth of oil a day was not profitable below $35 a barrel. According to the International Energy Agency, the world's supply is 97.07 million barrels a day. While today's oil prices are below this threshold, the report suggests the price at which US shale and other producers would be forced out of the market is lower than previously thought. As Platts writes, "For many producers, being cash negative is not enough of an incentive to shut down fields as restarting flow can be costly and...
  • Super PAC spending $1.5 M on this ad against Cruz in SC

    02/12/2016 10:37:32 AM PST · by springwater13 · 17 replies
    Ted Cruz's critics are wasting no time hitting him in South Carolina. American Future Fund, a conservative group that spent heavily against Cruz in Iowa, will begin airing a TV commercial in South Carolina that labels Cruz as "weak" on national security — a damaging label in military-heavy South Carolina. The spot ties Cruz to Bernie Sanders, the liberal insurgent who’s gaining momentum in the Democratic primary, and President Barack Obama. "Ted Cruz talks tough on national security. But look at his record. Cruz voted with Bernie Sanders against defense spending," the ad says. "Cruz sided with Obama to weaken...
  • Hidden Report: Mexico Remittances Total More Than Entire Mexican Oil Revenue

    02/10/2016 6:38:18 PM PST · by Helicondelta · 36 replies
    Remittances sent home by Mexicans working outside the country surpassed petroleum revenues in 2015 for the first time. There was a 4.75% increase in money sent from abroad, most of which comes from the U.S., to total US $24.8 billion last year, up from $23.6 billion in 2014, said the Bank of Mexico. An important factor in the increase in remittances is the jobs created by economic recovery in the U.S. Some 11 million Mexicans are believed to be living in the U.S. and many work in construction. Remittances, 97% of which are sent electronically, averaged $292 last year. We...
  • Branstad Machine Still After Cruz in South Carolina

    02/10/2016 11:26:34 AM PST · by TBBT · 13 replies
    Conservative Review ^ | 2/10/16 | CR Wire
    America's Future Fund, a political action committee that opposed Sen. Ted Cruz in Iowa, has purchased $1.5 million in negative advertising against Cruz that will run on television in the weeks leading up to the Feb. 20th South Carolina primary. The ad, "Weak," attempts to discredit Cruz's national security bona fides in a state with a heavy military and veteran population. America's Future Fund is run by GOP establishment operative Nick Ryan. As CR's Rob Eno wrote in "Why The Establishment Fears Cruz More Than Trump": "Ryan is a longstanding force in Iowa politics, allied with the moderate Governor Branstad....
  • Obama's $319 Billion Oil Tax Plan Raised to $10.25 a Barrel

    02/09/2016 12:27:48 PM PST · by reaganaut1 · 13 replies
    Bloomberg | February 9, 2016 | Jennifer A Dlouhy and Brian Wingfield
    No excerpt from Bloomberg allowed, story here.
  • Trump open to campaign finance reform

    01/18/2016 4:29:32 AM PST · by Cincinatus' Wife · 119 replies
    The Hill ^ | January 17, 2016 | Bradford Richardson
    Pointing to the effects of "horrible" super-PACs, Republican presidential front-runner Donald Trump on Sunday said America needs to come up with a solution to keep big money out of politics. "Well, I think you need it, because I think PACs are a horrible thing," Trump said on CNN's "State of the Union" when asked if he would pursue campaign finance reform. The billionaire businessman, who said he is self-financing his campaign, said the wall separating super-PACs and candidates running for public office is illusory. "First of all, everyone's dealing with their PAC. You know, it's supposed to be like this...
  • A guide to what Ted Cruz wants to abolish, bar or change

    01/18/2016 8:50:12 AM PST · by Isara · 69 replies
    Washington Post ^ | January 18, 2016 | Katie Zezima
    ...U.S. Embassy in Tel Aviv The U.S. Embassy in Israel is currently in Tel Aviv. Cruz wants to move it to Jerusalem, Israel's "once and eternal" capital.Commerce DepartmentIn a piece for the National Review, Cruz said shuttering the department would "close the congressional cookie jar" and promote free trade.Education DepartmentAnother standard line from Cruz: "U.S. Department of Education, which should be abolished." Cruz is a states' rights guy -- he wrote his college thesis on the 10th Amendment -- and wants to give control of schools to states or localities....Energy DepartmentCruz has said the country needs an "energy renaissance." .......
  • Ted Cruz's Stunning Victory Over Iowa's Ethanol Cartel

    02/05/2016 1:30:16 PM PST · by BeadCounter · 13 replies
    Reason ^ | Feb. 5, 2016 | Shikha Dalmia
    If Donald Trump is the Tony Soprano of American politics, Ted Cruz is a less-affable version of Mr. Haney from Green Acres (Ok - not quite, but sort of! Do feel free to say, H&R readers, which movie character is a better fit with Cruz). But the only thing cleverer than Cruz's impression of Inigo Montoya in Princess Bride (and not the least because it irritates Billy Crystal and the insufferably self-righteous Mandy Patinkin so much) is the campaign strategy he devised in Iowa to defeat the ethanol cartel and win the primary, I note in my column at The...
  • Cruz win has slain the ethanol beast

    02/04/2016 6:00:21 PM PST · by justlittleoleme · 82 replies
    Tyler Morning Telegraph ^ | 4 February 2016
    If Texas Sen. Ted Cruz does nothing else in the 2016 Republican primary, he's at least done this - he has laid low the ethanol lobby. The once-sacrosanct Renewable Fuel Standards, which mandate the use of dirty, inefficient ethanol in our gasoline, are no longer invulnerable. "The ethanol lobby is a paper tiger, and Ted Cruz just tore it to shreds," wrote Tim Carney for the Washington Examiner. "Cruz, the country's most famous enemy of the federal ethanol mandate, just won Iowa, winning more votes than any person in the history of the caucuses. Cruz thus busted the myth that...
  • How Cruz Crushed Ethanol - "Hot d*mn!" a gentleman shouted from the back of the room.

    02/03/2016 11:23:25 PM PST · by Cincinatus' Wife · 95 replies
    February 3, 2016 | Eliana Johnson & Brendan Bordelon
    "There's an Iowa way of doing this, and the rest of the candidates did it the Iowa way," Majda Sarkic, a spokeswoman for the pro-ethanol group America's Renewable Future, told National Review days before the Iowa caucuses. All of the candidates except Ted Cruz, that is. In a highly unusual move for a man who sought, and ultimately won, the support of Iowa caucus-goers, Cruz didn't court, kowtow to, or bow down before King Corn. From the time they arrived in the Senate eyeing a presidential run three years ago, he and his advisers have known that his opposition to...
  • Cruz victory threatens ethanol's power

    02/03/2016 5:29:35 AM PST · by thackney · 21 replies
    The Hill ^ | 02/02/16 | Devin Henry
    Ted Cruz's victory in the Iowa caucuses is casting doubt on the political potency of ethanol, an issue that had long reigned supreme in the Hawkeye State. Before Monday, every winner of the caucuses in both parties had supported the Renewable Fuel Standard (RFS). Opposing the mandate, it was long thought, would be political suicide in the state, which leads the country in the production of ethanol. But Cruz defied the trend, triumphing over the Republican field despite his support for phasing out the standard, which defines how much renewable fuel must be blended into traditional fossil fuels. It's an...
  • It Can Be Done - The anti-ethanol candidate wins in Iowa

    02/02/2016 12:36:43 PM PST · by Citizen Zed · 20 replies
    Weekly Standard ^ | 2-2-2016 | DAVE JUDAY
    For nearly three decades, politicians, pollsters, and pundits have considered support for ethanol a litmus test for legitimacy in Iowa presidential politics. Former Vice President Al Gore, who won the Iowa Democratic caucuses in 2000, famously explained the strategizing over ethanol policies that has occurred in many campaign war rooms over the years: [First-generation ethanol I think was a mistake. . . . One of the reasons I made that mistake is that I paid particular attention to the farmers in my home state of Tennessee, and I had a certain fondness for the farmers in the state of Iowa...
  • Oil-Price Poker: Why the Saudis Won’t Fold ‘Em

    02/02/2016 9:08:36 AM PST · by DUMBGRUNT · 8 replies
    Wall Street Journal ^ | 31 jan 2016 | SPENCER JAKAB
    Don’t underestimate the impact of Middle East politics... The game being played in the global oil market today bears more than a passing resemblance to poker. Nobody wants to quit while they’re losing... Russia, meanwhile, is pumping the most crude ever, hitting a post-Soviet Union peak. But it may have difficulty maintaining today’s pace given a lack of investment in its aging Siberian fields... In other words, Russia is holding weak cards and the Saudis know it... The newest players at the table are U.S. shale producers. They helped the U.S. to increase output by 80% between 2008 and 2014...
  • Russian air strikes are targeting CIVILIAN oil tankers and allowing ISIS (truncated)

    02/02/2016 7:47:35 AM PST · by BeadCounter · 17 replies
    London Daily Mail ^ | 2 February 2016 | By Gianluca Mezzofiore For Mailonline
    Russian warplanes in Syria are targeting civilian oil refineries and trucks while deliberately ignoring ISIS facilities to allow the extremist group to continue its oil trade with the Assad regime, local activists claim. Citizen journalists from the Raqqa Is Being Slaughtered Silently group claimed Russia's airstrikes are aimed at destroying local oil facilities which are mostly owned by the local population 'and have no direct links with ISIS'. Oil trucks that move between the ISIS-held cities of Deir Ezzor and Raqqa, owned by civilians, are also targeted by Russian jets.
  • Cruz Draws First Blood

    02/02/2016 6:24:54 AM PST · by Biggirl · 47 replies
    Breitbart.com ^ | February 2, 2016 | Ben Shapiro
    On Monday, Senator Sen. Ted Cruz (R-TX) performed the singular feat of simultaneously proving that a Republican can win Iowa without backing the ethanol boondoggle, and toppled The God Who Does Not Bleed, Donald Trump. Meanwhile, Senator Sen. Marco Rubio (R-FL) finished stronger than expected, beating poll estimates by six percentage points; Trump finished more than four percent below expectations, while Cruz finished nearly four percent above expectations.
  • Here’s How Anti-Ethanol Cruz Beat Trump In Corn Country

    02/02/2016 8:47:21 AM PST · by justlittleoleme · 42 replies
    The Daily Caller ^ | 02/01/2016 | Michael Bastasch
    Republican Sen. Ted Cruz managed to snag Iowa’s heaviest corn-producing counties despite his opposition to federal mandates and subsidies for ethanol. Does this mean King Corn’s days are numbered in the Hawkeye State? Cruz snatched victory from challenger business mogul Donald Trump Monday night, but what’s most interesting is Iowa counties that grow the most corn supported the Texas senator despite his opposition to ethanol subsidies — ethanol is mostly made from corn.-snip-Trump also jumped on Cruz for his opposition to ethanol, warning Iowans Cruz would “destroy” the industry if he wins Monday night’s caucus.“He will destroy your ethanol business...
  • Ted Cruz, Triumphant

    02/01/2016 10:28:42 PM PST · by Cincinatus' Wife · 197 replies
    The National Review ^ | February 1, 2016 | David French
    I tip my cap, unreservedly, to Ted Cruz. With everything on the line - and so many GOP colleagues cowed and intimidated - he took on Donald Trump and won. Late last year I wrote that the GOP needed an actual leader, someone who would step up and take on Trump directly: Now is the time. A presidential campaign is an early test of leadership, a proving ground for dealing with the challenges of the world's most difficult job. I don't want the last man standing. I want the guy who took down the king. If Trump can absorb the...
  • Ted Cruz Has a Thoughtful Conversation With An Iowa Ethanol Farmer

    02/01/2016 12:34:41 PM PST · by don-o · 74 replies
    Breitbart ^ | 2/1/16 | John Hayward
    Fans of Sen. Ted Cruz (R-TX) 97% are buzzing about his encounter with an angry farmer worried that the Senator's stance against ethanol would ruin his livelihood. It might be a bit of a stretch to say that Cruz completely won the man over, or converted him into a supporter - much is made of the gentleman's wish that Cruz find the votes he needs among Iowa farmers, but that might have just been polite best wishes, or even a dash of cynical humor. Still, Cruz acquitted himself well during the encounter, spending some five minutes in patient, thoughtful conversation...
  • Iowa Voter Confronts Cruz on Farm Subsidies

    01/31/2016 11:19:49 AM PST · by justlittleoleme · 85 replies
    NBC News ^ | Sun, Jan 31
    Republican presidential candidate Ted Cruz explains why he opposes farm subsidies as well as biofuel mandates.
  • Big Oil's Effort To Tax Carbon and Your Family's Finances

    01/30/2016 9:44:01 AM PST · by Kaslin · 6 replies
    Townhall.com ^ | January 30, 2016 | Ken Blackwell
    As world leaders gathered in Paris last month for the United Nations climate summit, many seemed surprised that several large oil companies, including BP and Shell, endorsed a carbon tax as a "key element" of any international climate deal. Less surprising was the preference of those in the renewable energy sector to see a tax on carbon. The implication was of course that if major companies - oil companies in particular - want to tax themselves, who are we to stand in the way? It must be an indication that the climate crisis is so acute that even they have...
  • Cruz Right, Trump Wrong On Ethanol

    01/30/2016 6:42:35 AM PST · by raptor22 · 80 replies
    American Thinker ^ | January 30, 2016 | Daniel John Sobieski
    It has been said that if we were getting so-called “alternative” energy from potatoes instead of corn, the first primary/caucus would be held in Idaho instead of Iowa. As it is, ethanol from corn in the first state where votes are actually cast in a presidential election has led to endless political pandering in support of a fuel that consumes more energy than it provides, is difficult to transport, reduces car mileage, can damage auto enegines, and damages the environment.
  • Trumping Hydrocarbon Fuels and Consumers

    01/29/2016 11:55:57 AM PST · by Kaslin · 7 replies
    Townhall.com ^ | January 29, 2016 | Paul Driessen
    Donald Trump loves to tout his poll numbers. But if he's doing so well, why does he pander to Iowa's ethanol interests? The gambit might garner a few caucus votes among corn growers and ethanol producers. It certainly brings plaudits from renewable energy lobbyists and their political enablers. But it could also cost him votes in many other quarters - beyond the Corn Ethanol Belt and even in Iowa. The fact is, the 14.5-million-gallon-per-year ethanol mandate prolongs policies that are bad for consumers and the environment. And yet many presidential candidates and other politicians support it. The ethanol mandate forces...
  • Cruz victory in Iowa threatens ethanol's power

    01/28/2016 10:18:49 AM PST · by GodGunsGuts · 27 replies
    Politico ^ | January 28, 2016 | ALEX GUILLÉN
    For election after election, contenders for the White House knew one thing they had to do to win Iowa's first-in-the-nation presidential caucus: pay homage to the state's corn ethanol industry. But a potential victory next week by Ted Cruz is threatening to explode that script...
  • Running on Empty

    01/27/2016 6:08:34 AM PST · by Kaslin · 22 replies
    Townhall.com ^ | January 27, 2016 | John Stossell
    Cars run on fuel. Politicians run on votes, and they'll do almost anything to get them. That includes supporting mandates that force us to use ethanol, a fuel made from corn that Iowa farmers grow. They support ethanol because Iowa is the first state to vote on presidential candidates. Candidates want to look strong at the start of the race, so every four years they become enthusiastic ethanol supporters. Even those who claim they believe in markets pander to Iowa's special interests. Donald Trump, who doesn't seem to have a consistent political philosophy aside from bashing critics and foreigners, now...
  • ND regulators approve route for oil pipeline that will be biggest from Bakken

    01/25/2016 8:03:04 AM PST · by thackney · 24 replies
    InForum ^ | Jan 20, 2016 | Mike Nowatzki
    orth Dakota regulators granted a route permit Wednesday for what will be the largest crude oil pipeline out of the state's fruitful Bakken oil field, leaving Iowa as the only state left to approve the $3.8 billion Dakota Access Pipeline. Public Service Commission members Julie Fedorchak and Brian Kalk voted to grant the permit for Dakota Access LLC, a subsidiary of Dallas-based Energy Transfer Partners, which plans initially to ship up to 450,000 barrels of oil per day on the 1,168-mile pipeline from the Bakken and Three Forks regions in western North Dakota. "This is a massive infrastructure construction project,...
  • Ted Cruz Dares to Take On King Corn [There will be consequences]

    01/26/2016 6:50:42 AM PST · by SeekAndFind · 68 replies
    National Review ^ | 01/26/2016 | Rich Lowry
    Ted Cruz has dared to provoke the ire of one of the most ruthless and vengeful political forces on the planet, and it's not Donald Trump. The Texas senator has crossed the ethanol industry in Iowa, which is a little like getting on the wrong side of the Catholic Church in Vatican City. Cruz's core theme is fighting the "Washington cartel," which would be a lot easier if its tentacles didn't extend all the way into the state crucial to Cruz's presidential hopes. Other Republicans have refused to bow and scrape before the ethanol industry -- John McCain wouldn't do...
  • Branstad criticized for trying to sway Iowa Republicans against Ted Cruz

    01/24/2016 7:05:08 PM PST · by 2ndDivisionVet · 79 replies
    WHBF-TV ^ | January 24, 2016 | Jim Niedelman
    It was another interesting week on the presidential political scene on several fronts. Iowa Governor Terry Branstad was vocal, Sarah Palin took a stand and Hillary Clinton raised her attacks on Bernie Sanders. Former Illinois Congressman Phil Hare and former Iowa State Representative David Millage addressed these issues during an appearance on 4 the Record. Iowa Governor Terry Branstad got involved in presidential politics. It's not typical of him, but, he doesn't want Ted Cruz to win the Iowa caucuses because of his stance on ethanol. Cruz is ahead in the polls for Iowa....
  • American oil companies are starting to scream "mayday."

    01/24/2016 9:05:27 AM PST · by Lorianne · 46 replies
    CNN ^ | 22 January 2016 | Heather Long
    Last year, 42 North American drillers filed for bankruptcy, according to law firm Haynes and Boone. It's only likely to get worse this year. Experts say there are a lot of parallels between today's crisis and the last oil crash in 1986. Back then, 27% of exploration and production companies went bust. Defaults are skyrocketing again. In December, exploration and production company defaults topped 11%, up from just 0.5% the previous year, according to Fitch Ratings. That's a 2,000%-plus jump. It's just the beginning, says John La Forge, head of real assets strategy at Wells Fargo. If history repeats, people...
  • Insider leaks real reason for GOP kingpins' anti-Cruz venom

    01/23/2016 5:33:17 PM PST · by justlittleoleme · 112 replies
    WND ^ | 1/23/16 | Greg Corombos
    It's well known that many Republicans in Washington do not like Sen. Ted Cruz, but the full extent of that antipathy is coming to light this week as several current and former lawmakers say they prefer Donald Trump as the GOP nominee, although they have little regard for either man. Some GOP consultants and strategists started the rumblings in recent days. Then Iowa Gov. Terry Branstad told Republicans in his state to oppose Cruz because of the senator's opposition to ethanol subsidies. But the story broke wide open on Wednesday when former Senate Majority Leader and 1996 Republican presidential nominee...
  • Poll: Ethanol not a huge issue for Iowans [dead last in list of 10 issues]

    01/23/2016 2:24:18 PM PST · by Cincinatus' Wife · 15 replies
    The Hill ^ | January 23, 2016 | Kyle Feldscher
    "When asked to compare the RFS and corn ethanol mandates to other issues they may be following, Iowans ranked the RFS dead last among a list of 10 issues we surveyed," the poll summary stated....Ethanol might not be playing its conventional role as a major election issue for Hawkeye State voters, according to a new poll from Iowa. A poll by FTI Consulting, commissioned by the American Council for Capital Formation, of 700 registered Iowa voters earlier this month showed 94 percent of those polls put the Renewable Fuel Standard outside their top three most important issues. The American Council...
  • Do Iowa voters really care about ethanol anymore?

    01/23/2016 7:55:50 AM PST · by Kaslin · 72 replies
    Hot Air.com ^ | January 23, 2016 | JAZZ SHAW
    This seems like it may be a day late and a dollar short as the saying goes, but someone has decided to ask a question in Iowa this week which would normally border on blasphemy. Do Iowans really know much about the ethanol issue and, even more to the point, do they really care? Going by the conventional wisdom this seems like a preposterous prospect. Iowa is the domain of King Corn and it drives all things political out there, right? Well, the American Council for Capital Formation (ACCF) decided to take the question to the voters directly rather relying...
  • Freep a poll! (Why does Trump wish to increase the ethanol mandate?)

    01/22/2016 3:22:35 AM PST · by dynachrome · 34 replies
    www.headlineoftheday.com/ ^ | 1-21-16 | Headline of the Day
    Why does Trump wish to increase the ethanol mandate? He wants to reduce US dependence on foreign oil. I don't know. He is pandering to the Iowa caucus.
  • Branstad’s Ethanol Attack on Cruz: Will Iowans Choose Politics or Principle?

    01/21/2016 11:57:58 AM PST · by Cincinatus' Wife · 42 replies
    The National Review ^ | January 21, 2016 | Jeremy Carl
    Cruz tries for a respectable showing in Iowa with Trump and the governor against him There are few things that energy-policy experts of all political stripes can agree on - but one of them is that mandates and subsidies to promote the use of corn ethanol (a policy first implemented by Jimmy Carter) are wasteful boondoggles that harm our environment and food supply while imposing billions of dollars of hidden costs on consumers. However, most energy-policy experts are not running for president in the Iowa caucuses. Ted Cruz, however, is running in the Iowa caucuses, and this week he found...
  • Bob Dole: A Ted Cruz nomination would be 'cataclysmic' for the GOP

    01/21/2016 9:17:57 AM PST · by smokingfrog · 68 replies
    Yahoo Politiks ^ | 1-21-16 | Dylan Stableford
    Former Republican presidential nominee Bob Dole is warning GOP voters that putting Texas Sen. Ted Cruz at the top of the ticket would be "cataclysmic" for the party. "If he's the nominee, we're going to have wholesale losses in Congress and state offices and governors and legislatures," Dole, who served in the House and Senate for 35 years and won the Iowa caucuses twice, told the New York Times. "I don't know how often you've heard him say the word 'Republican' - not very often," Dole said, adding, "I don't know how he's going to deal with Congress. Nobody likes...
  • Cruz Reports Raising $700K After Iowa's Branstad Called for His Defeat

    01/21/2016 8:28:07 AM PST · by JSDude1 · 25 replies
    PJ Media ^ | January 20, 2016 | Stephen Kruiser
    HI-larious. Sen. Ted Cruz, responding to a barrage of attacks from a sitting GOP governor and businessman Donald Trump, Wednesday said his campaign raised $700,000 in the hours after he was pointedly criticized by Iowa Gov. Terry Branstad. Mr. Cruz, speaking to reporters in New Hampshire, said party leaders in Washington are so fearful of his candidacy that he believes they are rallying behind Mr. Trump rather than Sen. Marco Rubio of Florida – a rival of Mr. Cruz’s who has been considered an establishment favorite. With enemies like those, who needs friends, right? Cruz continues to have plenty of...
  • Obradovich: Branstad puts ethanol over caucus future

    01/21/2016 6:42:21 AM PST · by andrewinhd · 2 replies
    The Des Moines Register | January 19, 2016 | Kathie Obradovich
    Obradovich: Branstad puts ethanol over caucus futureLink only
  • Trump’s Support for Ethanol Is Bad for Taxpayers and Their Cars

    01/21/2016 6:38:39 AM PST · by SeekAndFind · 36 replies
    National Review ^ | 01/21/2016 | Jillian Kay Melchior
    One of the most destructive environmental subsidies in the United States has found an enthusiastic supporter in Donald Trump. "The EPA should ensure that biofuel . . . blend levels match the statutory level set by Congress," he said yesterday in Iowa, adding that he was "there with you 100 percent" on continuing federal support for ethanol. "You're going to get a really fair shake from me." The ethanol lobby has rigorously courted Trump since April, arranging to speak at least weekly, including at least three in-person meetings, in addition to an ethanol-plant tour, the Wall Street Journal reports. Trump's...
  • Trump's Support for Ethanol Is Bad for Taxpayers and Their Cars

    01/21/2016 2:17:48 AM PST · by Cincinatus' Wife · 294 replies
    The National Review ^ | January 21, 2016 | Jillian Kay Melchior
    One of the most destructive environmental subsidies in the United States has found an enthusiastic supporter in Donald Trump. "The EPA should ensure that biofuel ... blend levels match the statutory level set by Congress," he said yesterday in Iowa, adding that he was "there with you 100 percent" on continuing federal support for ethanol. "You're going to get a really fair shake from me." The ethanol lobby has rigorously courted Trump since April, arranging to speak at least weekly, including at least three in-person meetings, in addition to an ethanol-plant tour, the Wall Street Journal reports. Trump's support for...
  • Listen: Levin Explains Trump's Crony-Capitalist Iowa Ethanol Pander

    01/20/2016 4:35:40 PM PST · by TBBT · 189 replies
    Conservative Review ^ | 1/20/16 | CR Wire
    Conservative Review Editor-in-Chief Mark Levin explained why Donald Trump, the supposed anti-establishment candidate, is siding with the establishment on the ethanol mandate. It has everything to do with trying to pander for votes. Levin explained what crony capitalism is. That it is the state picking winners at the expense of others. In the case of ethanol they have made it mandatory in cars, even though it is proven that it does not reduce oil usage, because oil is needed for the production of ethanol. That it hurts engines. The most damaging thing that ethanol does, according to Levin is add...