Market News 
10.20.08
OPEC May Cut Oil Production to Stop Price Slide
Crude oil rose on speculation that OPEC will cut production by 1 to 2 million ba...
10.17.08
Veolia Biofuels to Launch First Used Grease Biodiesel Plant In France
Veolia Biofuels said that in early 2009 it will launch the first recycled restau...
10.16.08
Oil prices dipped below $75 a barrel Wednesday, a new 13-month low, as OPEC redu...
10.15.08
Liffe Market Suspends Rapeseed Oil Trading
Liffe, the derivatives unit of NYSE Euronext, suspended its rapeseed oil futures...
10.14.08
Indonesia will reduce its fuel oil imports as part of its effort to mitigate the...
10.13.08
Countries Continue to Aid Banking Sector
The Dow Jones industrial average surged more than 400 points in early trading to...
10.10.08
The Thai Ministry of Industry and Trade has submitted a plan to the government t...
10.09.08
First Quarter RTFO Figures Announced
First quarter RTFO figures, released Tuesday by the UK's Renewable Fuels Agency,...
10.08.08
Central Banks Cut Interest Rates
Central banks around the world cut short-term interest rates by up to half a per...
10.07.08
Palm oil importers in India are seeking to renegotiate contracts after prices pl...
US EPA Releases RFS2
02.05.10
US EPA issued RFS2 this week including some major changes from the previous rule:
- Renewable fuels must account for 8.25% of total gasoline and diesel sales in 2010 to meet a mandate of nearly 13 billion gal of renewable fuels this year.
- The cellulosic ethanol output target is set at 6.5 million gal this year instead of the proposed 100 million gal.
- The 2009/2010 combined biomass diesel output target is set at 1.15 billion gal. by year-end.
- Measuring carbon dioxide emissions from ethanol and other biofuels includes indirect land use change, but biodiesel and renewable diesel from soy oil or waste oils, fats, and greases will meet the 50% GHG reduction threshold.
- Ethanol from sugarcane complies with the 50% reduction threshold for advanced biofuels.
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