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Governors' Biofuels Coalition
NEWS UPDATE October 16, 2020

Top Story

Pelosi, Mnuchin cite progress in economic relief talks but eye obstacles with Senate Republicans

By Erica Werner and Jeff Stein, Washington Post  •    •  Posted October 16, 2020

House Speaker Nancy Pelosi (D-Calif.) and Treasury Secretary Steven Mnuchin cited progress Thursday in their ongoing coronavirus-relief negotiations less than three weeks before the November elections, though the Democratic leader raised concerns about whether any big spending package could pass Congress given fierce resistance in the GOP-controlled Senate. The rapidly developing changes came late Thursday after a nearly 90-minute conversation between the two negotiators. They both cited progress in resolving one of Pelosi’s top demands, for a national strategic testing plan to better detect the coronavirus. Mnuchin told her that the White House would accept the Democrats’ proposal with some “minor” modifications, according to Pelosi’s spokesman — confirming comments Mnuchin himself had made earlier in the day. [ read more … ]

Mnuchin Says Trump to Lean on McConnell If Stimulus Deal Reached

By Steven T. Dennis, Bloomberg  •    •  Posted October 16, 2020

Treasury Secretary Steven Mnuchin told House Speaker Nancy Pelosi Thursday that President Donald Trump would personally lobby to get reluctant Senate Republicans behind any stimulus deal they reach. Trump said he’s willing to go beyond the $1.8 trillion offer for a virus relief plan that’s already been offered by the administration, but Senate Majority Leader Mitch McConnell rejected that, saying GOP lawmakers won’t go along. [ read more … ]

Pandemic Relief

Trump Talks Farm Aid in Iowa

By  Chris Clayton, DTN Ag Policy Editor  •    •  Posted October 15, 2020

Telling Iowans he has delivered for them on direct farm aid, trade and ethanol, President Donald Trump told a crowd in Des Moines on Wednesday that some farmers are making more money under his aid programs than they would selling their crops. He also warned of an economic collapse if his rival, Democrat Joe Biden, is elected. Trump spoke before an estimated crowd of 10,000 people at the Des Moines Airport, reflecting his campaign style under the pandemic of pulling Air Force One right up to the crowd and walking directly on stage to speak. [ read more … ]

Markets

Ethanol Producer POET LLC Expands Hand Sanitizer Production

By Todd Neeley, DTN Staff Reporter  •    •  Posted October 16, 2020

Sioux Falls, South Dakota,-based POET LLC on Thursday broke ground on an expansion project at its Alexandria, Indiana, ethanol plant to increase production of hand sanitizer, according to a news release from the company. With the groundbreaking site work is scheduled to be completed in early 2021, according to the company. The project includes a $25 local investment, will create six new full-time jobs, and more than 50 construction jobs. The plant will be capable of producing 30 million to 35 million gallons of purified alcohol per year. [ read more … ]

Mary Nichols may be EPA’s next boss. Here’s her vision

By Maxine Joselow, E&E News reporter  •    •  Posted October 15, 2020

California Air Resources Board Chair Mary Nichols yesterday outlined her vision for EPA over the next four years. And it starts with science. Nichols — who is widely viewed as a candidate for EPA administrator should Democratic presidential nominee Joe Biden defeat President Trump — described her plans for the agency during a virtual event hosted by American University and the American Lung Association. [ read more … ]

U.S. Oil Production Has Already Passed Its Peak, Occidental Says

By Kevin Crowley, Bloomberg  •    •  Posted October 15, 2020

America’s oil production will never again reach the record 13 million barrels a day set earlier this year, just before the pandemic devastated global demand, according to Occidental Petroleum Corp. “It’s just going to be too difficult to replace the 2 million barrels a day of production that we’ve lost, and then to further grow beyond that,” Chief Executive Officer Vicki Hollub said Wednesday at the Energy Intelligence Forum. “Over the next three to four years there’s going to be moderate restoration of production, but not at high growth.” [ read more … ]

Campaign 2020

Mary Nichols may be EPA’s next boss. Here’s her vision

By Maxine Joselow, E&E News reporter  •    •  Posted October 15, 2020

California Air Resources Board Chair Mary Nichols yesterday outlined her vision for EPA over the next four years. And it starts with science. Nichols — who is widely viewed as a candidate for EPA administrator should Democratic presidential nominee Joe Biden defeat President Trump — described her plans for the agency during a virtual event hosted by American University and the American Lung Association. [ read more … ]

President Donald Trump praises foreign leaders while knocking Joe Biden’s mental acuity at Des Moines rally

By Brianne Pfannenstiel, Des Moines Register  •    •  Posted October 15, 2020

“I saved ethanol. Ethanol is safe,” Trump said, promising Iowa’s farmers and biofuels industry that he is the only one who will deliver for them.  The Focus on Rural America poll of 200 likely Iowa voters has a margin of error of plus or minus 6.9 percentage points and paints a rosier picture for the president than other recent polling. [ read more … ]

Ethanol and China are flash points for Trump and Biden campaigns

By Chuck Abbott, Successful Farming  •    •  Posted October 15, 2020

President Trump “sold out ethanol to Big Oil” by handing out dozens of exemptions from the ethanol mandate, said Iowa farmer Pam Johnson, speaking for the Biden campaign at a forum on Tuesday. “We haven’t abandoned the RFS and we aren’t going to — ever,” retorted Trump representative Sam Clovis. Johnson and Clovis also sparred over farm trade with China but were united in opposing the introduction of supply management or land set-asides as mechanisms to boost commodity prices after years of bumper crops. The USDA estimates crop and livestock revenue this year will be the lowest in a decade while record-large federal payments provide 36% of net farm income. [ read more … ]

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