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Governors' Biofuels Coalition
NEWS UPDATE March 25, 2013

Life After Oil and Gas

By ELISABETH ROSENTHAL, New York Times  •    •  Posted March 25, 2013

WE will need fossil fuels like oil and gas for the foreseeable future. So there’s really little choice (sigh). We have to press ahead with fracking for natural gas. We must approve the Keystone XL pipeline to get Canadian oil. This mantra, repeated on TV ads and in political debates, is punctuated with a tinge of inevitability and regret. But, increasingly, scientific research and the experience of other countries should prompt us to ask: To what extent will we really “need” fossil fuel in the years to come? To what extent is it a choice? [ read more … ]

Environmentalists shouldn’t side with Big Oil against biofuels

By Bob Dinneen, president and CEO, Renewable Fuels Association, Congress Blog, The Hill  •    •  Posted March 25, 2013

There’s a fight for the future of American motor fuels – renewable fuels versus fossil fuels. Environmentalists shouldn’t have much trouble deciding which side they’re on. After all, the major source of greenhouse gas emissions is fossil fuel combustion. That mostly means running cars, trucks, and other vehicles with petroleum products such as gasoline. If you don’t want to spew more greenhouse gases into the atmosphere, there’s really only alternative fuel – ethanol. There is no other fuel available at scale today that matches ethanol’s ability to improve overall environmental quality, compared to gasoline. [ read more … ]

Ethanol Slumps Against Gasoline on Speculation Imports to Climb

By Mario Parker, Bloomberg  •    •  Posted March 25, 2013

Ethanol slumped against gasoline on speculation that this month’s price increase will boost the appeal of Brazilian imports. The price difference, or spread, expanded 1.69 cents to 51.85 cents a gallon. U.S. refiners imported the biofuel in the week ended March 15 for the first time since Feb. 22, a report from the Energy Information Administration showed. “We’ve got some numbers now that make Brazil attractive,” said Mike Blackford, a consultant at INTL FCStone in Des Moines, Iowa. “That puts a lid on it.” [ read more … ]

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