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Governors' Biofuels Coalition
NEWS UPDATE August 20, 2019

Top Stories

SREs

Trump directive ended review of ethanol requirements: report

By Rebecca Beitsch, The Hill  •    •  Posted August 20, 2019

It was a decision directly from President Trump that ended the Environmental Protection Agency’s (EPA) review of the nation’s biofuel program, according to a Friday report from Reuters, a move that had the president siding with refineries over corn growers. Last Friday, the EPA granted 31 exemptions to small refineries across the country, giving them a pass on blending ethanol into gasoline.
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Grassley: EPA ‘screwed us’ with ethanol waivers

By Timothy Cama, E&E News reporter  •    •  Posted August 20, 2019

Sen. Chuck Grassley (R-Iowa) harshly criticized the Trump administration’s latest round of waivers for the national ethanol standard, opining that EPA “screwed” Iowa by exempting certain fuel refineries from the policy. “They screwed us when … they issued 31 waivers,” Grassley said on Iowa Public Television’s “Iowa Press” in a discussion that aired Friday.
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Trade

Deere Is Coping, but Its U.S. Farm Customers Aren’t

By Lauren Silva Laughlin, Wall Street Journal  •    •  Posted August 20, 2019

Uncertainty over trade and a soggy spring planting season have cut into farmers’ profits. Adding to their pain: Last week the U.S. Environmental Protection Agency granted ethanol waivers to 31 refineries, a decision that could dampen demand for corn. U.S. corn and ethanol prices have dropped sharply this month. For companies like Deere & Co., which reported results on Friday, the condition of some of its biggest customers is a concern. The company said profit in its third quarter ended July 28 declined to $899 million, from $910 million last year. Earnings per share lagged behind analysts’ expectations. [ read more … ]

Policy & Politics

Nebraska lawmaker: Humans not changing climate but must prepare

By Grant Schulte, Associated Press  •    •  Posted August 20, 2019

A lawmaker who doesn’t believe humans are causing climate change is nevertheless leading a push to ensure Nebraska farmers are better prepared for extreme weather like the blizzards and flooding that hit the state this year. The Legislature’s Agriculture Committee will look for changes to state law that might help farmers recover more quickly from such storms, which killed livestock and left farmland flooded for weeks. The review comes at the request of the committee’s chairman, Sen. Steve Halloran, a former farmer from Hastings. [ read more … ]

Ethanol Board offers fuel retailer training to install E15 blends and higher

By Amber Rucker, Nebraska Ethanol Board  •    •  Posted August 20, 2019

Since the U.S. Environmental Protection Agency (EPA) lifted regulations against the sale of E15 throughout the summer months, the market and industry feedback has proven positive. For the first time ever, consumers driving 2001 or newer vehicles can access the fuel with up to 15% ethanol year-round. Because customers see a decrease in price, an average of 3-7 cents cheaper per gallon than E10, fuel retailers making room for E15 experience an increase in patrons.
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Opinion

Addressing Two Objections To My Midwest Ethanol Plan

By Robert Rapier, Forbes  •    •  Posted August 20, 2019

As I worked on this series, President Trump reportedly intervened in the latest dispute between the ethanol industry and oil refiners. The President gave the EPA the green light to grant exemptions to 31 small refineries, relieving them of the requirement to blend ethanol. The ethanol industry was outraged by this decision, but it underscores the argument I have been making. An industry that lives by federal mandate can die by federal mandate. It is time to get the federal government out of this business. Midwestern ethanol states must band together to create and protect their own ethanol markets. [ read more … ]

Note: News clips provided do not necessarily reflect the views of coalition or its member governors.