Market News 
05.22.08
US Says Oil Prices Reflect Supply-Demand
US Energy Secretary Samuel Bodman said that crude oil prices, which hit a record...
05.21.08
Canada to Invest $25 Million in Phillippine Biofuels
Canadian-based biodiesel company Green Corporation, in collaboration with the Ca...
05.20.08
USDA Says Biofuels Not A Cause Of Higher Food Costs
The U.S. Department of Agriculture has released a report showing that high energ...
05.19.08
Argentine Farmers to Rally May 25
In Argentina, the four farmer associations which have coordinated the strike put...
05.15.08
Credit Suisse: "Reversing US Ethanol Policy Will Not Lower Grain Prices"
A report by Credit Suisse suggests that reversing US ethanol policy, including s...
05.14.08
DuPont and Genencor Form Cellulosic Ethanol JV
DuPont has formed a joint venture with Danish company, Genencor to develop and c...
05.12.08
US Biodiesel Industry To Ask For WTO Action
According to the Financial Times, the US biodiesel industry will lobby for World...
05.09.08
US Congress Agrees on Farm Bill
The US Congress has reached agreement on a $285 billion Farm Bill. Among its pr...
05.08.08
ADM Delists From Chicago Stock Exchange
Archer Daniels Midland Company has notified the Chicago Stock Exchange of its in...
05.07.08
Goldman Sachs Says Oil Could Reach $200 Per Barrel
Oil could rise to $200 within the next two years as part of a "super-spike" driv...
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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