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Governors' Biofuels Coalition
NEWS UPDATE March 23, 2012

U.S. Inches Toward Goal of Energy Independence

CLIFFORD KRAUSS and ERIC LIPTON, New York Times  •    •  Posted March 23, 2012

The desolate stretch of West Texas desert known as the Permian Basin is still the lonely domain of scurrying roadrunners by day and howling coyotes by night. But the roar of scores of new oil rigs and the distinctive acrid fumes of drilling equipment are unmistakable signs that crude is gushing again. And not just here. Across the country, the oil and gas industry is vastly increasing production, reversing two decades of decline. Using new technology and spurred by rising oil prices since the mid-2000s, the industry is extracting millions of barrels more a week, from the deepest waters of the Gulf of Mexico to the prairies of North Dakota. [ read more … ]

Obama admin provides $35M for bio-based R&D

Amanda Peterka, E&E reporter  •    •  Posted March 23, 2012

The Obama administration announced plans today for spending as much as $35 million over the next three years on the research and development of advanced biofuels and other bio-based products.
[ read more … ]

API lowers projected impact of Tier 3 requirements on gas prices, refinery closures

Nick Juliano, E&E reporter  •    •  Posted March 23, 2012

An upcoming rule to lower the sulfur content of gasoline and diesel will not force any refineries to shut down but will increase their operating costs by between 6 and 9 cents per gallon, according to an industry-backed study released today.
The American Petroleum Institute released an updated assessment of U.S. EPA’s upcoming Tier 3 fuel rule based on assumptions that more closely mirror the requirements EPA officials have said they will include in the rule. A study released last year, which was based on more aggressive assumptions, predicted price increases in the range of 12 to 25 cents per gallon and that four to seven refineries would close.
[ read more … ]

A Tally of Green Jobs

JOHN M. BRODER, NEW YORK TIMES  •    •  Posted March 23, 2012

For the first time, the federal government on Thursday released an estimate of the number of so-called green jobs in the United States economy, saying that 3.1 million people are employed in the production of goods and services that benefit the environment. The Bureau of Labor Statistics, a unit of the Labor Department, spent more than a year compiling its report, which found that green goods and services accounted for 2.4 percent of total United States employment in 2010. The study, based on a survey of employers and a relatively broad definition of the term ”green,” will provide a baseline against which future job growth or decline can be measured. [ read more … ]

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