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Governors' Biofuels Coalition
NEWS UPDATE January 9, 2012

U.S. Gasoline Rises to $3.36 a Gallon, Lundberg Survey Shows

Barbara J. Powell  •  Bloomberg  •  Posted January 9, 2012

Prices rose as crude oil surged 8.6 percent and as a government subsidy on ethanol expired Dec. 31. The subsidy, enacted in 1978, gave a 45-cent tax credit to refiners for each gallon of the biofuel blended into gasoline. [ read more … ]

U.S.-Brazil ethanol swap seen in ’12

PHILIP BRASHER  •  Des Moines Register  •  Posted January 9, 2012

The ethanol subsidy may be history, but government policies can still produce crazy economics in the biofuel business. [ read more … ]

EIA report shows growth of renewable energy sources

Robert Pore  •  Grand Island Independent  •  Posted January 9, 2012

For the first nine months of 2011, renewable energy sources – biomass/biofuels, geothermal, solar, water and wind – provided 11.95 percent of domestic U.S. energy production. That compares to 10.85 percent for the same period in 2010 and 10.33 percent in 2009. [ read more … ]

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