Market News 
06.10.08
Indonesia, the only Southeast Asian member of the Organization of the Petroleum ...
06.09.08
Argentine Farmers Hault Strike
Argentina's farm groups have suspended their strike at the request of the Roman ...
06.06.08
Oil Prices Surge For Second Day
Oil prices surged for the second day on a US dollar decline that stemmed from a ...
06.05.08
Morgan Stanley: Oil Will Stay Above $100 Per Barrel
Oil prices will remian above $100 per barrel for the forseeable future due to ri...
06.04.08
US and Brazil Defend Biofuels at UN Food Summit
In Rome, Italy, a three-day UN food summit has called for trade barriers to be r...
06.02.08
OPEC Blames Speculators for High Oil Prices
OPEC President Chakib Khelil blamed speculators for the steep rise in oil prices...
05.30.08
EIA Says Biofuels Making Up For Lagging Oil Supplies
International Energy Agency figures show that biofuels have been filling a need ...
05.29.08
Report Projects Rapid Rise In Biofuel Production
Global production of biofuels is forecast to rise rapidly in the next decade, pu...
05.28.08
Argentine Farmers Resumes Road Blocks
In Argentina today, government representatives issued a document supporting thei...
05.27.08
China To Cut Soybean Import Tax
China is likely to cut the import tax on soybean oil to 3% from 9% from June to ...
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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