Ethanol Prices
« Previous EntriesEthanol Is Not a Money Saver
Monday, September 8th, 2008
Wall Street Journal:
In his Aug. 27 letter, Agriculture Secretary Edward T. Schafer states that “renewable energy is a tremendous American success story” and that “in 2007, consumers in Texas saved between $2.5 billion and $4.5 billion at the pump thanks to ethanol.”
I challenge Mr. Schafer to prove that Texas consumers saved a penny last […]
Group Says Ethanol Had Small Effect On Food Prices
Friday, August 1st, 2008NTV:
Another new study says that ethanol production has had an impact on food prices, but only a small one.
Nebraska Senator Ben Nelson is chairman of the Ethanol Across America campaign that released the study. He says farmers are increasing yields to help meet the strong demand for corn, and that may lead to prices leveling […]
Updated Corn Ethanol Economics
Thursday, June 26th, 2008The Oil Drum:
Executive Summary: The current cost to produce a gallon of ethanol is approximately $3/gal. The current price of ethanol is $2.86/gal, which explains why ethanol producers are shutting down. If corn and natural gas prices remain high, I think ethanol has to rise to something like $3.40-$3.60/gal to make it worthwhile to ethanol […]
Ethanol Is More Expensive Than Gas Over Time
Wednesday, June 4th, 2008U.S. News Rankings & Reviews:
Ethanol, we were once told, was a clean, renewable energy source that could power our cars for less money than gasoline. It’s increasingly clear to the automotive press, however, that there is nothing to support these claims.
Kicking Tires reports, “Not only has E85 been oversold as a clean fuel, […]
Ethanol Price Advisory
Monday, May 26th, 2008High Plains Journal:
A growing supply of ethanol in Nebraska provides consumers with an opportunity to save money at the fuel pump as ethanol prices remain lower than gasoline. Many consumers can buy E10, the traditional 10 percent blend of ethanol in gasoline, for a dime per gallon less than unleaded regular gasoline.
E10 blended fuel […]
Supporting Agriculture’s Investments And Opportunities
Monday, May 12th, 2008Kansas City infoZine:
Much debate and media space has been dedicated to ethanol and food prices here in Missouri. Many consumers have become confused on what is right and what is wrong within the debate.
However, recent attempts to eliminate the 10% ethanol standard in Missouri will have limited impact on the price of corn and could […]
Lawmakers Revisit Ethanol Mandates As Prices Soar
Friday, May 2nd, 2008NPR:
Four months ago, Congress sharply raised production targets for ethanol fuel, from the current 7 billion gallons a year to 36 billion gallons by 2022. Now, some lawmakers are asking whether the ethanol mandates come at too high a price.
The mandated, subsidized biofuel uses corn as its main feedstock. Last year’s production required a quarter […]
How Much Does Ethanol Cost Us
Thursday, May 1st, 2008Agoravox:
Lately there’s been some discussion in the comments regarding just how much the corn diverted to ethanol production has affected the world wide food shortage. Aside from ethanol we’ve seen rising demand as well as crop failures in various parts of the world because of drought and global warming cooling. Also rising populations and rising […]
Ethanol Saves Driver’s Money
Wednesday, April 23rd, 2008Brownfield:
A study commissioned by the Missouri Corn Merchandising Council indicates ethanol saves money for the drivers who use it.
“We estimated using actual price data for 2007, those savings were 7.7 cents a gallon,” John Urbanchuk, the study’s author, told Brownfield at the Missouri State Capitol building where results were released Monday, “and the estimate for […]
Ethanol Reduces Food And Fuel Prices
Friday, April 18th, 2008AgWeb:
The Renewable Fuels Association (RFA) says as consumers throughout the world face record oil and food prices, the impact of ethanol production is being criticized rather than appreciated for helping to keep oil prices lower than they otherwise would be. It is also often overlooked that prices for commodities like wheat and rice have risen […]
Is The Long-Term Price Of Ethanol Too High?
Thursday, April 17th, 2008North Platte Telegraph:
Robert White, communications specialist for Ethanol Promotion & Information Council said the debate about corn being a contributing factor to the soaring costs of food often makes people in the ethanol industry smile.
“Ethanol is probably one contributing factor, but there are many more contributing factors,” he said. “What we use to produce fuel […]
Alert On Risks Of Ethanol Subsidies
Monday, April 7th, 2008The Australian:
The Productivity Commission wants the Rudd Government tourgently review the multi-million-dollar assistance for the ethanol industry amid growing warnings the program is pushing up the price of feed grain.
The commission’s latest trade and assistance review estimates the commonwealth will spend $31.9 million on the ethanol production subsidy scheme this financial year and demands a […]
Fuel Or Folly? Ethanol And The Law Of Unintended Consequences
Wednesday, April 2nd, 2008San Francisco Chronicle:
In the pantheon of well-intentioned governmental policies gone awry, massive ethanol biofuel production may go down as one of the biggest blunders in history. An unholy alliance of environmentalists, agribusiness, biofuel corporations and politicians has been touting ethanol as the cure to all our environmental ills, when in fact it may be doing […]
Group Says Ethanol Holding Down Price Of Gas
Friday, March 28th, 2008Wisbusiness.com:
Lauding a Consumer Federation of America (CFA) report that contends ethanol is helping hold down the price of gasoline, the Wisconsin Bio Industry Association (WBIA) says increasing production of ethanol in the Badger State “has extended gasoline supplies and mitigated what might otherwise be remarkably significantly higher fuel prices.”
Joshua Morby, executive director of the WBIA, […]
Energy Secretary Hints At Ethanol Tariff Change
Thursday, January 31st, 2008CattleNetwork:
The Bush administration’s 2009 budget may propose a change in the current 54-cent-per-gallon tariff on imported ethanol, Energy Secretary Sam Bodman hinted on Tuesday.
Speaking to reporters, Bodman said the budget the administration will send to Congress on Monday “will start to deal with that question” of whether the tariff should be renewed or allowed to […]
Cheap Ethanol For $1 A Gallon
Monday, January 28th, 2008Business Opportunities:
A biofuel startup in Illinois can make ethanol from just about anything organic for less than $1 per gallon, and it wouldn’t interfere with food supplies, company officials said.
Coskata, which is backed by General Motors and other investors, uses bacteria to convert almost any organic material, from corn husks (but not the corn itself) […]
Tracking Ethanol Profitability
Wednesday, January 16th, 2008CattleNetwork:
The profitability of ethanol production is extremely variable. Due to the volatile price nature of ethanol and corn, its major feedstock, ethanol profitability can change rapidly from month to month. In addition, price variations of its co-product (distillers grains with solubles, DDGS) and its energy source (natural gas) add to the variability of ethanol profits.
To […]
Calculate The True Costs Of Ethanol, Then Consider It
Wednesday, November 7th, 2007*******
Jackson Clarion Ledger:
There are a lot of alternative fuel producers and government agencies promoting ethanol, but I perceive a less-than-honest disclosure of the real costs and benefits of ethanol.
A recent article (”Ethanol producers look to tap gas pumps,” Oct. 28) indicated that the Southeast U.S. is seen as a potential untapped market for the increasing […]
Bright Future For JB Ethanol, Says Levy
Wednesday, October 17th, 2007Jamaica Observer:
Jamaica Broilers Chairman Robert Levy has shaken off the hiccups of prevailing depressed ethanol prices in the US and questionable trading in shares, painting a rosy picture for the future of his JB Ethanol venture.
Ethanol prices are falling as manufacturers in the US Midwest corn belt were forced to drop their prices in order […]
Ethanol Supplies Gives Consumers A Price Cushion
Tuesday, October 16th, 2007CattleNetwork:
Gasoline prices are being held down despite high oil prices in part by rising supplies of ethanol, according to an Associated Press story out over the weekend. Ethanol production jumped 34 percent to 13.1 million barrels a month in July, the latest month for which data is available, from July 2006, according to the Energy […]