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Governors' Biofuels Coalition
NEWS UPDATE December 3, 2014

Fuel manufacturer threatens to sue EPA over 2015 fuel mandate

By Laura Barron-Lopez, The Hill  •    •  Posted December 3, 2014

A top fuel manufacturer is threatening to sue the Environmental Protection Agency for failing to meet deadlines on its 2015 proposal for the renewable fuel mandate. The American Fuel and Petrochemical Manufacturers (AFPM) on Monday filed a notice of intent to sue the agency over the 2015 Renewable Fuel Standard (RFS), which requires refiners to mix a certain amount of ethanol and biofuels into the nation’s fuel supply. [ read more … ]

U.S. ethanol makers at record rate despite rare gasoline premium

BY MICHAEL HIRTZER, Reuters  •    •  Posted December 3, 2014

U.S. ethanol production is likely to continue at a record rate despite its rare premium to gasoline as cheap corn, high biofuel prices and even cool weather provide ideal conditions and strong profit margins. “There’s no sign that says we should slow production. The mentality is that everyone is running,” said Todd Becker, chief executive of Green Plains Inc, the fourth-largest U.S. ethanol producer behind Archer Daniels Midland Co, POET LLC and Valero Energy Corp. [ read more … ]

Gasoline prices could dip to $2.50 by Christmas

By: Darren Goode, Politico  •    •  Posted December 3, 2014

The average price of regular gasoline could drop as low as $2.50 a gallon by Christmas, according to AAA. Gasoline prices have already fallen for 67 straight days, the longest streak since the drop during the financial collapse in 2008, when they retreated from a record high that summer. And Monday’s average of $2.77 a gallon — four cents lower than a week ago, 23 cents less than a month ago and 50 cents less than one year ago — may not be close to the price bottom this year. [ read more … ]

OUR OPINION: Is more EPA delay on RFS a good sign?

Sioux City Journal Editorial Board  •    •  Posted December 3, 2014

While another delay by the Environmental Protection Agency in making a decision about the Renewable Fuel Standard creates frustrating uncertainty within the renewables industry, we hope it also signals a change in EPA position. Created in 2005, the federal RFS requires transportation fuel sold in the U.S. be blended with a minimum volume of renewable fuels, such as corn-based ethanol. Late last year, the EPA proposed to reduce the requirement by three billion gallons. [ read more … ]

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