Money
« Previous EntriesRisky Pumping: Drivers Are Mixing Ethanol With Gas In Traditional Tanks
Tuesday, July 1st, 2008
DetNews:
To save money and support neighboring farms, Scott Dubbelde began mixing gasoline and cheaper, ethanol-based fuel in his cars years ago, driving first to the gasoline pump, and then to the ethanol pump.
It has worked so well that Dubbelde, who manages a local grain elevator, mixes fuels for all three of his family […]
Ethanol Trade Group Spent $162000 Lobbying In 1Q
Tuesday, June 24th, 2008Forbes:
The Renewable Fuels Association, which represents the U.S. ethanol industry, spent nearly $162,000 in the first quarter lobbying on federal regulations that encourage use of the fuel, according to a recent disclosure form.
The ethanol industry has come under fire as food prices have risen worldwide, especially for commodities like corn. With more corn being used […]
Some Drivers Save Big With Ethanol Fuel
Tuesday, June 17th, 2008KDKA:
Remember when gasoline sold for $3.45 a gallon? It still does if your vehicle can use E-85.
E-85 is 85 percent corn ethanol made in America and only 15 percent oil-based gasoline. Right now, it’s 55 cents cheaper than regular gas.
There’s a slight reduction in fuel efficiency, but the dollars saved make up for that. […]
State Offers Grants To Expand Sale Of Ethanol Fuel
Wednesday, May 14th, 2008Bizjournals.com:
The state of Wisconsin is making grants of up to $5,000 available to gas station owners who install pumps that dispense fuel that’s 85% ethanol, or E85.
The grants from the Wisconsin Office of Energy Independence are available to any state-licensed gas station in Wisconsin, and provide 50% of the costs of E85 equipment installation, up […]
Best Stocks To Make Money Off Ethanol
Thursday, April 24th, 2008TheStreet.com:
Ethanol, to be sure, is here to stay.
But if you look at the falling stock prices of companies that produce it below, you might be tempted to view it as “demon ethanol.” Unfortunately, some very common myths about ethanol may keep you from investing in these stocks now that the prices have been beaten […]
End Of Fuel Scarcity In Sight
Wednesday, April 9th, 2008This Day:
As the nation groans under the crippling effects of the week-long fuel scarcity, the end may be in sight with the resolution of the delayed release of the N17 billion owed Independent Marketers Association of Nigeria (IPMAN).
The association is believed to be behind the current dearth of petroleum products as the marketers failed to […]
Money Stretching Tips For Pumping Gas
Friday, April 4th, 2008OpEdNews:
The following is adapted from a post on facebook by Mark Diffie. Since the author indicated this should be shared, I thought I would do so here because the information is reasonably useful.
Here are some tips to get more of your money’s worth for every gallon of gasoline you pump.
TIP 1: Only fill up your […]
Alternative-Ethanol Firm Gets Funding
Wednesday, April 2nd, 2008Wall Street Journal:
A group of investors is placing one of the biggest bets yet on a type of ethanol production that doesn’t involve food crops.
Range Fuels Inc., a start-up in Broomfield, Colo., on Tuesday is announcing $130 million in new equity funding. The money will go toward the first phase of construction on a plant […]
Money Troubles Stall Green Town Project
Thursday, March 27th, 2008Auburn Citizen:
This one-stoplight farming hamlet had big dreams in 2005 when it was christened BioTown USA.
E85 fuel is available at the BP Station in Reynolds, Ind. Thursday, Feb. 21, 2008. This one-stoplight farming hamlet had big dreams in 2005 when it was christened BioTown USA. Since then, money problems, leadership changes and other obstacles […]
Ethanol Is Saving Us Money
Wednesday, March 26th, 2008WMDT:
Experts maintain that Ethanol is a cost saving and environmentally friendly fuel source.
New fuel price data shows the availability of ethanol reduces gas costs by six-to-nine cents a gallon.
Experts say without ethanol, gas prices could sky-rocket. Ethanol is distilled from farmers’ corn crops. Environmental officials say using ethanol reduces carbon monoxide and greenhouse gas-forming emissions.
Company Promises One Dollar-Per-Gallon Ethanol At US Pumps
Wednesday, March 26th, 2008Inventor Spot:
If all goes to plan, ethanol may be appearing at US pumps at $1 per gallon, according to an article at Energy-Daily.com.
The Alternative Energy Technology Center http://www.altenergytechcenter.com/default.aspx has recently announced that it has new technology that can refine common cellulosic biomass into fuel that can be sold for $1 per gallon, without government subsidies […]
Early Move On Ethanol Pays Off For Distributor Of Farm Produce
Friday, March 14th, 2008CNNMoney:
When the ethanol boom started two years ago, ethanol startups began sprouting almost as fast as dot-coms in the ’90s. But in the end, the old-timers seem to be winning.
One venerable player is 61-year-old The Andersons ANDE. The company was long established in storing and merchandising grain and had diversified into several other farm-related industries. […]
Ethanol Adds Millions To State Revenue
Tuesday, January 29th, 2008NTV:
A new report released by Ethanol Across America shows that U.S. ethanol plants generate hundreds of millions of dollars to local, state, and federal governments through direct and indirect economic generation.
The Economic Impacts of Ethanol Production chronicles the impacts of these facilities through case studies and examination of existing studies. The total of state […]
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) […]
China To Offer Support Policies For Non-Food Biofuels
Friday, December 14th, 2007News Xinhua Net:
China’s Ministry of Finance (MOF) has drawn up policies to promote the production of non-food sources for biofuels, a senior MOF official told a Beijing energy conference.
The ministry will use subsidies and other forms of financial support to reduce the risks of producing these sources, said Zeng Xiao’an, deputy director of the MOF’s […]
Study Finds Certain Ethanol Blends Can Provide Better Fuel Economy Than Gasoline
Thursday, December 6th, 2007Earthtimes:
Research findings released today show that mid-range ethanol blends–fuel mixtures with more ethanol than E10 but less than E85–can in some cases provide better fuel economy than regular unleaded gasoline, even in standard, non-flex-fuel vehicles.
Previous assumptions held that ethanol’s lower energy content directly correlates with lower fuel economy for drivers. Those assumptions were found to […]
Brazil Sugar Co Sao Martinho Doubts 08 Ethanol Export Increase
Tuesday, November 27th, 2007CattleNetwork:
Brazilian sugarcane-milling company Sao Martinho said Monday that ethanol exports in 2008 will likely be the same as 2007 at around 90 million liters, said Sao Martinho’s finance director, Joao Val. “Sao Martinho will most likely remain at 90 million liters for 2008,” Val said.
Nationwide Brazil should export slightly over 3 billion liters in 2007, […]
Biofuel Advocates Want To Loosen Rules For Farm Credit
Monday, November 12th, 2007Wallace’s Farmer:
A group of leaders involved in Iowa’s renewable fuels industry is calling for expansion of the Farm Credit System’s lending authority. They want a change in federal law so Farm Credit would be allowed to make loans to build ethanol and biodiesel plants that do not have a majority of farmer-stockholders as owners.
The group […]
State Sending Retroactive Checks To Ethanol Plants
Monday, August 27th, 2007WKBT:
State government is preparing to send nearly $2 million in ethanol subsidies to 13 plants to make up for payment cuts made during a budget crisis four years ago.
The retroactive payments will allow the state to keep a promise of paying 20 cents a gallon in ethanol subsidies for ten years. The per-gallon payment slipped […]
Brazil Ethanol Industry Goes Green For The Money
Friday, July 6th, 2007Reuters:
Brazil’s ethanol industry is cutting out the dirty habits that contribute to global warming and environmental degradation. But it’s not just a noble effort — it makes good financial sense, too.
Billionaire George Soros, who is investing hundreds of millions of dollars in Brazilian ethanol production, is in the forefront of the effort.
“If ignored, global warming […]