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Governors' Biofuels Coalition
NEWS UPDATE March 28, 2013

Biofuels advance economy, society

By GOV. TERRY BRANSTAD, POLITICO  •    •  Posted March 28, 2013

While Washington debates the future of the Renewable Fuels Standard, it is often overlooked that advanced biofuels are quickly becoming viable and that higher blends of ethanol, like E15, can help achieve worthy public policy goals and improve consumer choices. A growing number of vehicles traveling Iowa’s roads utilize high ethanol blends, which help reduce our dependence on overseas oil, diversify our nation’s energy portfolio, reduce the environmental and health impacts of transportation fuels, increase fuel performance, reduce fuel prices and maximize value-add opportunities for agricultural products. [ read more … ]

Ethanol Debate Has Glimpse of Bipartisanship

By Amy Harder, National Journal  •    •  Posted March 28, 2013

The top Republican and Democrat on the House Energy and Commerce Committee are finally on the same page about a controversial energy policy after reading from two completely different playbooks the last four years. Chairman Fred Upton, R-Mich., and ranking member Henry Waxman, D-Calif., are both undecided about what Congress should do about the renewable-fuels standard, a federal mandate established in 2005 that requires increasingly large amounts of biofuels each year to be blended with gasoline. [ read more … ]

‘RINsanity’ not contributing to high gas prices — study

Amanda Peterka, E&E reporter  •    •  Posted March 28, 2013

Spiking ethanol credit prices are not a significant factor in the cost of gasoline, according to an economic analysis released today by a national ethanol trade group. The study by Informa Economics, commissioned by the Renewable Fuels Association, found that high credit prices contribute, at a maximum, 2 cents to the price of a gallon of gasoline. On the whole, ethanol usage in gasoline has reduced pump prices by 2 to 4 cents per gallon, according to the analysis. [ read more … ]

Weather woes weigh heavily as USDA takes first look at 2013 crops

Amanda Peterka, E&E reporter  •    •  Posted March 28, 2013

From May to October last year, north-central Iowa farmer April Hemmes saw a total of 5 inches of rain fall on her 1,000-acre corn and soybean farm. But although she usually sees 23 inches fall during a growing season, her acres still flourished, each yielding about 168 bushels and selling for high prices in the squeezed corn market. Her farm remained profitable despite the record drought that swept much of the country because her soil still had a healthy amount of moisture beneath the surface. This year, though, most of that moisture is gone. [ read more … ]

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