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Governors' Biofuels Coalition
NEWS UPDATE September 2, 2014

Ethanol backers: Policies tilt for oil pipeline

William Petroski, Des Moines Register  •    •  Posted September 2, 2014

An Iowa group that promotes ethanol and biodiesel fuels says it is raising “red flags” with the state’s top elected officials about plans for an 1,100-mile Bakken crude oil pipeline crossing through 17 Iowa counties. The Iowa Renewable Fuels Association has sent a memo to the state’s congressional delegation, Gov. Terry Branstad and other key politicians warning that federal energy policies are stacked in favor of petroleum interests with advantages not available to the ethanol industry. [ read more … ]

A New American Oil Bonanza

By CLIFFORD KRAUSSAUG, New York Times  •    •  Posted September 2, 2014

“We were able to take a day-cation because of the lower gas prices,” said Ms. Hughes. The reason for the improved economics of road travel can be found 10,000 feet below the ground here, where the South Texas Eagle Ford shale is providing more than a million new barrels of oil supplies to the world market every day. United States refinery production in recent weeks reached record highs and left supply depots flush, cushioning the impact of all the instability surrounding traditional global oil fields. [ read more … ]

U.S. 2014 Farm Income Seen Falling 14% From Record 2013

By: Alan Bjerga and Megan Durisin, Bloomberg  •    •  Posted August 28, 2014

Lower prices for corn and soybeans will drive the profits of U.S. farmers down to an estimated $113.2 billion in 2014, a decline of 14 percent from last year’s record, according to the Department of Agriculture. The forecast for this year’s income is up 18 percent from a February estimate as livestock revenues may reach an all-time high, the USDA said in a report on its website. Gains in farmland values that climbed 8.1 percent this year are slowing. While rising hog and cattle prices have aided livestock producers, record grain and oilseed harvests are dragging profits, said University of Missouri at Columbia agriculture economist Pat Westhoff.
[ read more … ]

IEA releases mid-term forecast for biofuels, renewable energy

By Erin Voegele, Biomass Magazine  •    •  Posted September 2, 2014

The summary also indicates that the policy support for increased biofuel production is waning in the key markets of the U.S., EU and Brazil. It is, however, expanding in newer non-OECD markets, such as Southeast Asia. “In the United States, the design shortcomings of previous biofuel mandates have become manifest, leading to policy reviews that have introduced uncertainty in the market,” said the authors in the executive summary [ read more … ]

3 Reasons DuPont’s Stock Could Fall

By Maxx Chatsko, Motley Fool  •    •  Posted September 2, 2014

The same is true for Dyadic International and DSM. Dyadic has bagged world-leading energy partners such as Abengoa and began supplying enzymes to a newly started 25 million-gallon-per-year facility in Kansas, which could open the door for supply deals at current or future Abengoa sites worldwide. Meanwhile, DSM has formed a valuable partnership with POET, America’s largest ethanol producer, and will soon begin operations at the joint venture’s first facility, Project LIBERTY. The company’s industrial biosciences division has its hands in many other projects, too, including the GraalBio project in Brazil — working side by side with Novozymes, Beta Renewables, and Chemtex. There are a handful of top ethanol producers in the United States that have yet to formally choose a cellulosic ethanol partner, but DuPont’s status as an industry leader may be based on volume alone. [ read more … ]

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