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Keyword: ethanol

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  • Corn: New All-Time Highs

    07/31/2012 12:01:39 PM PDT · by American in Israel · 21 replies
    http://barnhardt.biz/ ^ | July 30 | Ann Barnhardt.biz
    Corn is now trading at new forever-and-ever all-time highs. This is significant. There is a massive seasonal pressure in the corn market that exerts itself at the Fourth of July when the trade feels that any adverse weather is already priced in to the market. We're almost a month past that psychological "seasonal top" and have just broken out to new all-time highs - surpassing 2008. That means that the crop is even worse than the gloomiest-and-doomiest estimates from the first week of July supposed, and that we're not "priced in". GULP. Corn could go parabolic, much like the wheat...
  • Texas ranchers back ethanol-waiver request

    07/31/2012 5:17:54 AM PDT · by thackney · 13 replies
    Houston Chronicle via Fuel Fix ^ | July 30, 2012 | William Pack
    Texas ranchers and dairy operators Monday backed a request by national agricultural producers to suspend the nationís Renewable Fuels Standard because it is causing corn prices to soar and livestock producers to suffer. A coalition including the National Cattlemenís Beef Association and National Pork Producers Council, sent a petition to the Environmental Protection Agency asking for a waiver ďin whole or in substantial partĒ to the output requirements under the Renewable Fuels Standard for 12 months. ďAn unsustainable situation has been created by the drought combined with the lack of cushion in corn supply due to the tremendous demand from...
  • Corn for Food, Not Fuel.

    07/31/2012 2:57:54 AM PDT · by carriage_hill · 14 replies
    NY Times (Op-Editorial) ^ | July 30, 2012 | COLIN A. CARTER and HENRY I. MILLER
    IT is not often that a stroke of a pen can quickly undo the ravages of nature, but federal regulators now have an opportunity to do just that. Americansí food budgets will be hit hard by the ongoing Midwestern drought, the worst since 1956. Food bills will rise and many farmers will go bust. An act of God, right? Well, the drought itself may be, but a human remedy for some of the fallout is at hand ó if only the federal authorities would act. By suspending renewable-fuel standards that were unwise from the start, the Environmental Protection Agency could...
  • The Ethanol Chickens Come Home to Roost

    07/27/2012 3:58:23 AM PDT · by IbJensen · 39 replies
    Red State | 7/26/2012 | Daniel Horowitz
    After a year full of victories for big government legislation in Congress, the forces of statism seemed to have met their Waterloo with the farm/food stamp bill. The more people learned of the profligate food stamp spending and the market distorting, risk-inducing agriculture programs contained in the bill, the more they spoke out against this monstrosity. Speaker Boehner has refused to bring the bill to the floor so far. Seeing their political stock rapidly diminish, the bipartisan coalition of government-run agriculture took a page out of Rahm Emanuelís playbook and decided not to let the crisis of the summer drought...
  • Agriculture Secretary Vilsack Talks Nonsense

    07/26/2012 5:53:19 PM PDT · by Sir Napsalot · 12 replies
    Heritage Action ^ | 7-25-2012 | Ashe Schow
    You might have to sit down for this one. Itís mindboggling sometimes the lack of basic logic that eludes some (most?) members of this Administration. With his comments this week, U.S. Secretary of Agriculture Tom Vilsack is one of those members. He recently discussed the hardships that livestock producers are facing, including heat, drought and high corn prices as reasons theyíre liquidating their herds. So far heís making sense. To further illustrate how high corn prices are affecting livestock, and how volatile such prices can be, Secretary Vilsack said: ďnow producers have to decide if they want to take the...
  • End the Ethanol Madness

    07/26/2012 10:09:03 AM PDT · by EveningStar · 32 replies
    American Thinker ^ | July 24, 2012 | Jeffrey Folks
    Economists are warning that the current drought in the Corn Belt is going to result in higher food prices... But there is one thing the president can do to alleviate the effects of the drought: suspend the nation's ill-conceived ethanol program. That program now burns up 40% of the U.S. corn crop...
  • Sugar cane ethanol biofuel produces 10 times the pollution of gasoline and diesel

    07/23/2012 4:33:48 PM PDT · by Ernest_at_the_Beach · 18 replies
    joNova ^ | July 22nd, 2012 | Joanne
    ndur Goklany calculated that biofuels policies killed nearly 200,000 people  in 2010 alone. That was before this study showed things may be worse than we suspected. Brazil is the largest sugar cane ethanol producer in the world, but people are burning four times the area of sugar cane plantations than previously realized, and it’s producing far more pollution than they thought. For every unit of energy generated, the ethanol-biofuel use produces a lot less CO2 (plant fertilizer) but more volatile organic compounds (VOC’s), more carbon monoxide, more nitrous oxides, as well as more sulphur dioxides. (See Graph b below).Compared to...
  • Poor Corn Crop Will Have Major Impact on Ethanol Market

    07/22/2012 7:43:43 PM PDT · by QT3.14 · 27 replies
    The Energy Collective ^ | July 17, 2012 | Robert Rapier
    [Snip]...I have long felt that one of the biggest threats to the U.S. ethanol industry is a major drought/crop failure in the heart of corn country. This year we may be experiencing such an event. Recent reports indicate that what had been expected to be a record crop of corn has been downgraded such that only 40% of the corn crop is being classified as in good or excellent condition. This is down 48% versus last week and 69% versus a year ago.
  • Rising Corn Prices and Your Grocery Bill.(Yet our govt keeps subsidizing at high cost)

    07/19/2012 3:25:27 PM PDT · by bestintxas · 18 replies
    smart money ^ | 7/18/12 | j hough
    Corn prices are nearing the record highs of last summer as the U.S. Midwest suffers its worst drought since 1956. Shoppers should expect higher grocery bills, because corn is used in three-quarters of supermarket products. But donít panic. Overall cost hikes are likely to be modest. ďA 50% increase in the price of corn tends to raise total shopping bills by about 1%,Ē says Ricky Volpe, a research economist with the U.S. Department of Agriculture. Cornís price has jumped 45% this summer. Of course, even a modest increase to shopping bills is unwelcome news for households on tight budgets. Strange...
  • Iraq crude production overtakes Iran as OPEC trims output

    07/11/2012 9:29:45 AM PDT · by thackney · 7 replies
    Fuel Fix ^ | July 11, 2012 | Bloomberg
    Link only due to Bloomberg content
  • Carnivores - git yur knives, forks, and freezers ready!!

    07/09/2012 5:38:51 PM PDT · by djf · 36 replies
    I've seen two reports today that talked about the weather over the midwest and the corn. The corn crop just about nationwide is a dismal failure due to droughts and prices are expected to climb by at least fifty percent. For many products that use corn, that means BUY IT NOW! Sadly, there is another outcome, farmers were interviewed and for them it means one thing - they can't feed their stock, so they end up going to the slaughterhouse. So soon, there will be a glut of meat on the market, expect prices to plummet (before they rise almost...
  • Company Awarded $120 Million: 'We have no experience in the markets in which we intend to operate'

    07/03/2012 10:18:01 AM PDT · by MichCapCon · 12 replies
    Michigan Capitol Confidential ^ | 6/28/2012 | Jarrett Skorup and Matt Neeham
    A "green" energy company that received tens of millions of dollars from taxpayers while promising 70 jobs by the end of this year has created only three and received strong criticism from environmental and fiscal groups across the political spectrum. Mascoma Corp., a New Hampshire-based business, was awarded a grant of $20 million from the state of Michigan as part of the Centers of Energy Excellence program in 2008 and amounts totaling up to $100 million from the federal government over the last few years to build a plant in Kinross, a small town in the Upper Peninsula. The company...
  • Racing into Oblivion

    07/01/2012 1:15:20 PM PDT · by 867V309 · 12 replies
    PJ Media ^ | July 1, 2012 | Mark Stuertz
    Third, it takes roughly as much fossil fuel energy to produce ethanol (transportation, cultivation, fertilizers, pesticides, refining) as it releases. So in terms of energy inputs and outputs, youíre essentially running in place. How does that contribute to energy independence?
  • EPA Fines Oil Refiners for Failing to Use Nonexistent Biofuel

    06/23/2012 5:12:17 AM PDT · by rusty millet · 25 replies
    Hot Air ^ | June 22, 2012 | Howard Portnoy
    Question: Do you fill your carís tank with gasoline that is part cellulosic ethanol, an environment-friendly distillate of wood chips, corn cobs, and switch grass? Let me answer for you: No, you donít. You couldnít if you wanted to. Petroleum products blended with cellulosic ethanol arenít commercially available, because the technology for mass-producing cellulosic ethanol hasnít been perfected. None of which has stopped the Environmental Protection Agency from imposing hefty yearly fines on oil refiners. According to the The New York Times, in 2011 automotive fuel producers were assessed $6.8 million in penalties. That amount is expected to climb dramatically...
  • EPA blasted for requiring oil refiners to add type of fuel that's merely hypothetical

    06/22/2012 2:46:19 PM PDT · by kingattax · 14 replies
    FoxNews ^ | June 21, 2012 | Jim Angle
    Federal regulations can be maddening, but none more so than a current one that demands oil refiners use millions of gallons of a substance, cellulosic ethanol, that does not exist. "As ludicrous as that sounds, it's fact," says Charles Drevna, who represents refiners. "If it weren't so frustrating and infuriating, it would be comical." And Tom Pyle of the Institute of Energy Research says, "the cellulosic biofuel program is the embodiment of government gone wild." Refiners are at their wit's end because the government set out requirements to blend cellulosic ethanol back in 2005, assuming that someone would make it....
  • Report casts doubt on E15 use in cars & trucks {Extra Ethanol in Gasoline}

    05/16/2012 10:42:20 AM PDT · by thackney · 90 replies
    Fuel Fix ^ | May 16, 2012 | Jennifer A. Dlouhy
    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 immediately countered that the study was fundamentally flawed, because it used engines with known durability issuesĒ and didnít include control group testing of the 10 percent ethanol blend that is now the standard at filling stations nationwide. The dispute is the latest round in a long-running fight over the 15 percent ethanol fuel blend known as E15....
  • Newt Gingrich says he's dropping out 'about' May 2 and endorsing Romney [VIDEO]

    04/29/2012 3:29:52 PM PDT · by Innovative · 213 replies
    Daily Caller ^ | 4/29/2012 | Nicholas Ballasy
    Former House Speaker Newt Gingrich told The Daily Caller in a video interview that he is dropping out of the Republican presidential race 'probably about Wednesday' May 2 and endorsing former Massachusetts Gov. Mitt Romney. Gingrich, alongside his wife Callista, said the GOP's message in the general election should be, "Can you afford four more years like this? Not complicated. Do you want this much unemployment, this high a gasoline price, this much deficit spending? You have a great president but if you don't want this, you better vote for somebody new."
  • Soaring Food Costs Mean a Garden is as Good as Gold

    04/16/2012 4:57:26 AM PDT · by orsonwb · 26 replies
    The How Do Gardener ^ | 04/15/2012 | Rick Bickling
    According to the US Bureau of Labor Statistics, Consumer Price Index Data for March 2012, the Consumer Price Index for fresh vegetables purchased for home use rose 4.5 percent from the same time last year. Recent USDA data also shows that the price of grains such as corn, wheat, rice, and soybeans has increased 234% since January 2002...
  • Hybrid copper-gold nanoparticles convert CO2 (To Hydrocarbons!)

    04/11/2012 8:26:05 AM PDT · by Red Badger · 59 replies
    http://phys.org ^ | 04-11-12 | Jennifer Chu - Provided by Massachusetts Institute of Technology
    Copper -- the stuff of pennies and tea kettles -- is also one of the few metals that can turn carbon dioxide into hydrocarbon fuels with relatively little energy. When fashioned into an electrode and stimulated with voltage, copper acts as a strong catalyst, setting off an electrochemical reaction with carbon dioxide that reduces the greenhouse gas to methane or methanol. Various researchers around the world have studied copperís potential as an energy-efficient means of recycling carbon dioxide emissions in powerplants: Instead of being released into the atmosphere, carbon dioxide would be circulated through a copper catalyst and turned into...
  • Unelected EPA Bureaucrats Approve E15 Ethanol

    04/09/2012 8:17:50 PM PDT · by neverdem · 62 replies
    American Thinker ^ | April 9, 2012 | Peter Wilson
    Last week, "an unelected group of people" over at the Environmental Protection Agency revised our national energy policy, approving a new gasoline blend with up to 15% ethanol, known as E15, which may be available in pumps this summer. Currently, most gasoline sold in the U.S. is E10, containing a maximum of 10% ethanol. To review the backstory: the last time ethanol was in the news, it seems like its opponents, who come from both the environmental left and free-market right, had won a significant victory. Last summer, "a strong majority of a democratically elected Congress," to use Obama's words...