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Governors' Biofuels Coalition
NEWS UPDATE February 14, 2013

Valentine’s Day video pokes fun at oil industry

Amanda Peterka, E&E reporter  •    •  Posted February 14, 2013

A coalition of biofuel supporters yesterday handed the oil industry a heavy dose of sarcasm for Valentine’s Day. In a Web video posted in the afternoon, the group Fuels America portrays men, women, kids and even polar bears expressing an undying love for petroleum. The video begins with a smooching sound and ends with a woman wishing for the country to be “stuck on oil forever, and ever, and ever.” “I love what this oil does to my feathers — they’re so shiny,” an oil-drenched bird says at one point in the video. “Oil companies … I f—ng love you,” a polar bear later proclaims. [ read more … ]

Republican plans Senate bill to put brakes on E15 approval

Amanda Peterka, E&E reporter  •    •  Posted February 14, 2013

Mississippi Republican Roger Wicker this week plans to introduce a Senate bill targeting U.S. EPA’s decision to increase the amount of ethanol allowed in gasoline from 10 percent to 15 percent, according to a spokesman for the senator. An oil industry source said the legislation is expected to freeze the amount of ethanol allowed in gasoline at 10 percent and prohibit the agency from approving E15 going forward. Wicker spokesman Rick Curtsinger didn’t provide additional details about the bill. [ read more … ]

Using Federal Oil Revenues to Cut America’s Oil Use

By MATTHEW L. WALD, New York Times  •    •  Posted February 14, 2013

In his State of the Union message on Tuesday night, President Obama proposed the creation of an “Energy Security Trust” to find alternatives to dependence on oil for the nation’s transportation needs. The trust would be financed from revenue from oil and gas royalties that the federal government collects from companies that drill on federal land. As is customary in State of the Union speeches, Mr. Obama did not give much detail, but plenty of other voices were happy to fill in the blanks on Wednesday morning. The idea has obvious political appeal – using oil revenues to wean the country from oil – but it has a way to go before reaching fruition. [ read more … ]

Sugar, soybeans strive for 816M gallons in renewable fuel standard

Tiffany Stecker, E&E reporter  •    •  Posted February 14, 2013

The RFS sets annual targets for the United States to make 36 billion gallons of biofuels by 2022. U.S. EPA announced late last month that oil refiners must blend 2.75 billion gallons of advanced biofuels — fuels that emit at least 50 percent less greenhouse gases than fossil fuels over their life cycle — into their fossil fuel supply. Most of that 2.75 billion amount — 1.28 billion gallons — is reserved for biodiesel, more than half of which comes from soybean oil, as well as animal fats, used cooking grease, and other feedstocks. A relatively insignificant amount — 14 million gallons — is for cellulosic biofuels made from agricultural waste, trash or low-impact sources. [ read more … ]

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