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Governors' Biofuels Coalition
NEWS UPDATE July 14, 2020

Top Story

Ethanol prophet tilts at petroleum

By: Mikkel Pates, AGWeek  •    •  Posted July 13, 2020

Orrie D. Swayze would like to see that, but wants so much more. Swayze, 76, a retired farmer from Wilmot, S.D., for several has been buying his own newspaper ads from time to time, trying to nudge and needle the powers-that-be into greater support for ethanol fuel. Instead of stopping at 15%, or even 30% — both of which are controversial among some opponents — Swayze wants to go to 50%, which even ethanol enthusiasts say is a bridge too far. [ read more … ]

EPA’s Obsolete GHG Lifecycle Analysis

CFDC Calls on EPA to Drop Proposal Penalizing Ethanol Efficiency 

By CFDC  •    •  Posted July 13, 2020

The critical issue, according to Durante, is that higher ethanol blends can continue to displace toxic aromatics that present a significant health threat by producing ultra-fine particulates.
“Respectfully we urge EPA to look at these issues as they interconnect, and not in a vacuum.  We all want to reduce carbon as it addresses climate change, but this must be done in a balance with carbon as it impacts health,” he said. “Disincentivizing a clean octane, low cost, low carbon fuel like ethanol in favor of a toxic hydrocarbon ignores the very real threat of ultra-fine particulates from aromatics.  And we now know these can be carriers of airborne viruses.” [ read more … ]

Markets

Ample Supplies of Grain Run Up Against Weak Demand

By Kirk Maltaiss, Wall Street Journal  •    •  Posted July 13, 2020

U.S. farmers are expected to grow large corn and soybean crops this year—but it is still unclear if an economy recovering from coronavirus will be strong enough to consume an ample harvest. In a report Friday, the U.S. Department of Agriculture cut its production estimates for U.S. corn by nearly 1 billion bushels, bringing the total to 15 billion bushels. Meanwhile, U.S. soybean production is expected to rise to 4.14 billion bushels, up slightly from last month’s estimates. [ read more … ]

OPEC, Allies Set to Ease Oil Cuts, Anticipating Demand Recovery

By Summer Said and Benoit Faucon, Wall Street Journal  •    •  Posted July 13, 2020

An alliance of crude producers led by Saudi Arabia is pushing OPEC and its allies to increase oil production starting in August, officials in the group said, amid signs that demand is returning to normal levels following coronavirus-related lockdowns. Key members of the Organization of the Petroleum Exporting Countries and its Russia-led allies are set to meet via web conference Wednesday to debate the group’s current and future production. In April, Saudi Arabia, the world’s largest oil exporter, led a push that saw the 23-producer group cut its collective output by 9.7 million barrels a day, as the pandemic led to a collapse of oil demand. [ read more … ]

Energy secretary: Oil and gas will ‘come back very, very strong’

By Paul Takahashi, Houston Chroncile  •    •  Posted July 13, 2020

Secretary of Energy Dan Brouillette has a message for thousands of U.S. oil and gas workers laid off during the recent oil bust: “Remain strong.” 3of3Steve Hinchman, chairman Independent Petroleum Association of America, left, and Mark W. Menezes, Under Secretary of Energy, right, listen as U.S. Energy Secretary Dan Brouillette, center, speaks to the media at Houston Energy, 1200 Smith St., Friday, July 10, 2020, in Houston.Photo: Melissa Phillip, Staff photographer [ read more … ]

Supreme Court ruling on Oklahoma tribal land raises questions for oil industry

By Jennifer Hiller, Reuters  •    •  Posted July 13, 2020

A U.S. Supreme Court decision recognizing about half of Oklahoma as Native American reservation land has implications for oil and gas development in the state, raising complex regulatory and tax questions that could take years to settle, according to Oklahoma attorneys. The court on Thursday overturned an Oklahoma tribe member’s rape conviction because the location where the crime was committed should have been considered reservation land and therefore outside the reach of state criminal law. [ read more … ]

Campaign 2020

Bullish on Texas: Dems see a clean energy path for Biden

By Adam Aton, E&E News reporter  •    •  Posted July 13, 2020

The former vice president’s joint emphasis on “buy American” and climate action caught the attention of President Trump, who made domestic manufacturing a key theme in the 2016 race. Trump on Friday accused Biden of plagiarizing from his 2016 plan, even as he blasted Biden’s proposal as too radical. He didn’t provide evidence of plagiarism. At stake are Rust Belt swing states that four years ago delivered Trump his electoral college victory, like Pennsylvania and Michigan. But also in play are some newly competitive states where renewable energy has been ascendant, like Iowa and Texas. [ read more … ]

EVs

An EV bubble? Startups ride Tesla hype to ‘staggering’ money

By David Ferris, E&E News reporter  •    •  Posted July 13, 2020

Fisker Inc., a California-based company, garnered $50 million in funding and is rumored to be heading toward a public stock offering. Karma Automotive, also headquartered in California but owned by a Chinese firm, has secured $100 million and is looking for a lot more. Dwarfing either of them was Rivian, which plans to produce its first e-trucks and e-SUVs from a factory in Illinois early next year. On Friday, it announced a whopping $2.5 billion of new dollars. [ read more … ]

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