News

Mabus defends biofuels during hearing on Navy ship

CBS Money Watch • Posted: Wednesday, March 14th, 2012

Navy Secretary Ray Mabus defended the service’s investment on biofuels Monday, saying that it is a “false choice” for critics to suggest the Navy should focus on building more ships instead of finding alternative fuels to power them.The Navy, Department of Energy and Agriculture Department are spending $510 million to jump start commercial development of the advanced alternative fuels industry.

Poet breaks ground on cellulosic ethanol plant in Iowa

Source: DAVID SHAFFER • Star Tribune • Posted: Wednesday, March 14th, 2012

An Iowa ethanol venture has begun building its first commercial-sized plant to make fuel from corn, minus the kernels. Almost all U.S. ethanol is made from corn kernels. To supply the cellulosic ethanol plant, corn farmers in north-central Iowa will make a second harvest of corncobs, leaves and stalks left on fields after the kernel-gathering combines have passed.

Ethanol oversupply impact on Nebraska

Source: Karla James • Nebraska Radio Network • Posted: Wednesday, March 14th, 2012

Rising fuel prices is causing drivers to put the brakes on unnecessary trips. That is also having an impact on ethanol production in Nebraska.

U.S. ag secretary says ethanol holding gas prices in check

Source: JIM MARTIN • Erie Times-News • Posted: Wednesday, March 14th, 2012

Vilsack said Tuesday that ethanol and other biofuels are helping to hold prices at the pump in check. “If we did not have a biofuel industry, we would probably be looking at 80 cents to $1.30 higher than today.

An Inconvenient Statement, Retracted

Source: John M. Broder • New York Times • Posted: Wednesday, March 14th, 2012

Energy Secretary Steven Chu on Tuesday walked away from his oft-quoted pre-Cabinet statement that the United States should deliberately raise gasoline prices to discourage consumption.

Wind and ethanol groups lament failure of Stabenow’s tax break plan

Source: Hannah Northy Hannah Northey  • E&E • Posted: Wednesday, March 14th, 2012

Renewable energy supporters said the Senate’s rejection yesterday of a Democratic proposal to extend a host of expiring tax breaks for the wind, solar and bioenergy industries reflects the new “buzz saw partisan politics” currently looming over Congress.

Renewable energy supporters said the Senate’s rejection yesterday of a Democratic proposal to extend a host of expiring tax breaks for the wind, solar and bioenergy industries reflects the new “buzz saw partisan politics” currently looming over Congress.

Renewable energy supporters said the Senate’s rejection yesterday of a Democratic proposal to extend a host of expiring tax breaks for the wind, solar and bioenergy industries reflects the new “buzz saw partisan politics” currently looming over Congress.

Oil and gas industry challenges EPA’s cellulosic standards

Source: Amanda Peterka • E&E • Posted: Tuesday, March 13th, 2012

EPA’s standard is divorced from reality and forces refiners to purchase credits for cellulosic fuels that do not exist,” said Bob Greco, API’s director of downstream and industry operations, in a statement. “EPA’s unrealistic mandate is effectivelanufacturers of gasoline that could ultimately burden consumers.”y a tax on m

Senate passage of reauthorization expected soon; pressure on House leaders grows

Source: Jason Plautz • E&E • Posted: Tuesday, March 13th, 2012

The foot is on the gas pedal in the Senate as analysts expect a transportation reauthorization bill to finally clear the chamber early this week. That puts all of the momentum with the upper chamber and could force the hand of House Speaker John Boehner (R-Ohio), who is still scrambling to pull together enough votes for a bill that could be tied to his disparate party. The House is out for the week, but members say that doesn’t mean the transportation bill will be out of their minds.

Gas Price Disparity Seems Here to Stay

Source: JEFF SOMMER • New York Times • Posted: Monday, March 12th, 2012

THE price of gasoline is rising, but the nation isn’t sharing the pain equally. A gallon of regular was only $3.33 in Colorado, for example, and in Wyoming it was $3.28, the lowest in the nation. Along the Gulf of Mexico, the price was a bit higher: $3.59 in Texas, $3.60 in Alabama and $3.62 in Louisiana. For nastier numbers, turn to the Northeast and the West Coast: $3.99 in New York and Connecticut and a whopping $4.35 in California.

Senate passage of reauthorization expected soon; pressure on House leaders grows

Source: Jason Plautz • Posted: Monday, March 12th, 2012

The foot is on the gas pedal in the Senate as analysts expect a transportation reauthorization bill to finally clear the chamber early this week. That puts all of the momentum with the upper chamber and could force the hand of House Speaker John Boehner (R-Ohio), who is still scrambling to pull together enough votes for a bill that could be tied to his disparate party. The House is out for the week, but members say that doesn’t mean the transportation bill will be out of their minds.