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Keyword: ethanol

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  • Obama's Hungry Children

    08/15/2012 5:25:47 AM PDT · by bestintxas · 24 replies
    am thinker ^ | 8/15/12 | j folks
    As a result of the Midwestern drought, global prices for corn and other staple foods have increased dramatically. Corn prices are up by half since May, while soybean prices are up by over a quarter. With the drought only worsening, traders are beginning to talk about something entirely unprecedented: double-digit prices for a bushel of corn. Meanwhile, under the president's environmental mandates, 50% of this year's crop is being burned up to produce ethanol. When global grain prices rise, it is always the poor who suffer the most. Of course, Americans, who spend an average of 18% of their income...
  • Arkansas, NC ask EPA to waive ethanol mandate on high corn

    08/14/2012 4:43:12 PM PDT · by NormsRevenge · 13 replies
    Reuters on Yahoo ^ | 8/14/12 | Timothy Gardner, Charles Abbott
    WASHINGTON (Reuters) - Two U.S. governors asked the United States government on Tuesday to waive this year's mandate for making ethanol from corn, adding pressure on it to relieve meat producers from high corn prices spurred by the worst drought in more than 50 years.
  • UN urges US to cut ethanol production

    08/10/2012 12:30:29 PM PDT · by Sloth · 19 replies
    Financial Times ^ | August 9, 2012 | Javier Blas
    The UN has called for an immediate suspension of government-mandated US ethanol production, adding to pressure on Barack Obama to address the food-versus-fuel debate in the run-up to presidential elections...
  • Great news! Ethanol plant reopens in midst of massive drought (Corn to burn… on the taxpayer dime)

    08/10/2012 7:29:00 AM PDT · by SeekAndFind · 7 replies
    Hotair ^ | 08/10/2012 | Jazz Shaw
    Not too long ago, we took a look at the effect the drought is having on the nation's farmers, particularly those producing corn. The situation isn't improving, as is being widely reported, and the farmers are in dire straights. Prices are rising for not only corn for the dinner table, but all the other products which use corn in their manufacturing processes. So it would be rather silly to think about burning even more corn to make unprofitable ethanol, right?Think again. Despite raging concerns about the effect the worst drought of 50 years on the corn harvest, the former Bionol...
  • Next from the EPA: Four-Gallon- minimum Gas Purchases

    08/09/2012 4:08:12 PM PDT · by Nachum · 86 replies
    PJ Media ^ | 8//9/12 | Bridget Johnson
    The Environmental Protection Agency is going to require all consumers to buy at least four gallons of gasoline from certain gas pumps after the new E15 ethanol-gasoline blend is introduced into the market. The new regulation was revealed in an Aug. 1 letter to the American Motorcyclist Association, which expressed concern that the vast majority of motorcycles and ATVs in use today aren’t designed to operate on E15 fuel and residual fuel from a pump that serves multiple blends might harm these tanks. “The use of E15 will lower fuel efficiency and possibly cause premature engine failure,”
  • Livestock farmers still seeking pause in ethanol production

    08/09/2012 8:08:44 AM PDT · by AT7Saluki · 8 replies
    Livestock farmers and ranchers seeing their feed costs rise because of the worst drought in a quarter-century are demanding that the Environmental Protection Agency waive production requirements for corn-based ethanol. The Obama administration sees no need for a waiver, siding with corn growers — many of them in presidential election battleground states Iowa and Ohio — who continue to support the mandate. "If not now, when?" Randy Spronk, a Minnesota pork farmer, said of the EPA's authority to defer the ethanol production requirement when it threatens to severely harm the economy of a state or region. "Everyone should feel the...
  • E15 fuel’s value might still up for debate

    08/06/2012 9:58:17 AM PDT · by thackney · 32 replies
    Fuel Fix ^ | August 6, 2012 | Dan X. McGraw
    Drivers will soon get to debate whether the cost-savings of E15 fuel is worth the lower fuel economy. E15, which contains 15 percent ethanol, received final approval by the Environmental Protection Agency earlier this summer, and a Kansas gasoline station became the first station in the nation to sell the alternative fuel. The station began selling the fuel for $1.15 a gallon, but they quickly upped the price to $3.28, or two cents lower than regular E10. At those prices, Douglas Tiffany, a University of Minnesota assistant professor, said it’s a bit overpriced for its energy production. “At the moment,...
  • 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 nation’s Renewable Fuels Standard because it is causing corn prices to soar and livestock producers to suffer. A coalition including the National Cattlemen’s Beef Association and National Pork Producers Council, sent a petition to the Environmental Protection Agency asking for a waiver “in whole or in substantial part” to the output requirements under the Renewable Fuels Standard for 12 months. “An 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. Americans’ 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 — 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 Emanuel’s 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. It’s 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 they’re liquidating their herds. So far he’s making sense. To further illustrate how high corn prices are affecting livestock, and how volatile such prices can be, Secretary Vilsack said: “now 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 don’t panic. Overall cost hikes are likely to be modest. “A 50% increase in the price of corn tends to raise total shopping bills by about 1%,” says Ricky Volpe, a research economist with the U.S. Department of Agriculture. Corn’s 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, you’re essentially running in place. How does that contribute to energy independence?