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Governors' Biofuels Coalition
NEWS UPDATE August 4, 2020

Top Story

Trump says he’s examining executive orders on evictions, payroll taxes if he can’t reach deal with Democrats

By Erica Werner, Jeff Stein and Karoun Demirjian, Washinton Post  •    •  Posted August 4, 2020

Mnuchin and Meadows met Monday with House Speaker Nancy Pelosi (D-Calif.) and Senate Minority Leader Charles E. Schumer (D-N.Y.) for about two hours. Schumer said afterward that the group was making progress and that the issue of executive orders had not come up. “There are a long list of things that are needed, and the good news is our Republican colleagues agree with a few of them,” Schumer said. “The discussion is productive.”
[ read more … ]

Relief Legislation

Ethanol and Politics 2020

By Chris Clayton, DTN Ag Policy Editor  •    •  Posted August 3, 2020

Ethanol is undoubtedly playing a role in 2020 politics in Iowa, including the presidential race. Getting the word “ethanol” into the next aid package also might become a tipping scale in the Iowa U.S. Senate race. Ernst argues she is the one who has pushed for policy changes in ethanol and even blocked a nominee to be deputy EPA administrator because of small-refinery exemptions. Greenfield has questioned why Ernst voted to confirm EPA Administrator Andrew Wheeler and also pointed to campaign donations from oil groups to Ernst.
Asked about aid to ethanol producers last week, Iowa’s other senator, Sen. Chuck Grassley, said Ernst is lobbying the president to get ethanol specifically included in the aid bill. The ethanol industry last week was also calling for that kind of a specific provision as well.  [ read more … ]

Markets

RFA Provides USDA a Roadmap to Renewable Fuel Growth

By Ken Colombini, RFA  •    •  Posted August 3, 2020

The Renewable Fuels Association this week responded to the U.S. Department of Agriculture’s request for comment on its Agriculture Innovation Agenda (AIA). Regarding renewable fuels, the agenda calls for Increased biofuel feedstock production and biofuel production efficiency and competitiveness to achieve market-driven blend rates of E15 in 2030 and E30 in 2050. [ read more … ]

Pandemic hammers oil earnings as drillers brace for more

By Mike Lee, E&E News reporter  •    •  Posted August 3, 2020

The oil industry had one of its worst financial quarters ever as the coronavirus pandemic spread — and the world’s top oil companies say they’re preparing for the downturn to last as long as 18 months. The four supermajor oil producers that reported earnings last week — Royal Dutch Shell PLC, Total SA, Exxon Mobil Corp. and Chevron Corp. — lost a combined $36.1 billion from April to June. [ read more … ]

Refiners Retrench as Demand for Gasoline, Jet Fuel Shrivels

By Rebecca Elliott, Wall Street Journal  •    •  Posted August 3, 2020

U.S. consumption of gasoline and distillates including diesel has rebounded from its April trough to more than 90% of year-ago levels, Energy Information Administration data show. But demand for jet fuel remains anemic, at little more than half of last year’s level, a sign that global oil demand is likely to remain depressed for years. World-wide, fuel makers have coped by processing far less crude, shutting down some facilities and constraining spending. This year’s average global refinery utilization rates are expected to be the lowest in 37 years, according to the International Energy Agency. Refiners typically make less money when they operate well below capacity because the cost of running their facilities doesn’t decline by much. [ read more … ]

California Clean Truck Rule

Lawsuit targets historic clean truck rule

By Maxine Joselow, E&E News reporter  •    •  Posted August 3, 2020

An industry group has filed the first lawsuit over California’s aggressive new electric truck rule. The complaint from the California Natural Gas Vehicle Coalition, filed Friday in state superior court in Fresno, challenges the legality of the Advanced Clean Trucks regulation. The California Air Resources Board voted last month to adopt the rule, which would require that truck manufacturers sell a certain percentage of zero-emissions trucks in the state starting in 2024 [ read more … ]

Campaign 2020

Oil donors flock to Trump as Biden hardens climate stance

By James Osborne, Houston Chronicle  •    •  Posted August 3, 2020

With former Vice President Joe Biden leading most polls to be the next president of the United States, oil lobbyists have been careful to focus on their common ground with the Democratic nominee. Behind the scenes, however, oil executives are writing checks to President Donald Trump with greater zeal than they did four years ago, as Biden campaigns on a climate plan that seeks to eliminate carbon emissions by mid-century. [ read more … ]

Commentary

Turbocharging South Dakota’s economy while making Americans healthier

By Doug Sombke and Jim Seurer, Sioux Falls Argus Leader  •    •  Posted August 3, 2020

During President Trump’s Fourth of July visit to Mount Rushmore, our organizations sponsored an ad in the Rapid City Journal that urged the President to “tear down the wall” that his Environmental Protection Agency (EPA) has unlawfully erected to block the use of high-octane, low-carbon blends like E30. By showing decisive leadership, the president could more than double the ethanol industry’s multi-billion-dollar contribution to South Dakota’s economy and at the same time dramatically reduce Americans’ exposure to invisible, but extremely harmful fine particulates produced by gasoline. [ read more … ]

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