Market News 
02.26.08
Palm oil surged 6% to a record high on the Bursa Malaysia derivatives exchange, ...
02.26.08
CBOT Wheat Trades At All Time High
At the Chicago Board of Trade, wheat traded at an all-time high of $12 per bushe...
02.25.08
Iran Supports Oil Production Cut
Iranian oil minister Gholamhossen Nozari said last week that there is no reason ...
02.22.08
Majority of New European Cars Are Diesel
More than half of all new cars sold in Europe last year had diesel engines, the ...
02.21.08
Ethanol prices in Europe have been static in the first part of 2008, as high sto...
02.21.08
Soy Crop Area Expanding in Argentina
Soybean crops in Argentina now occupy more than half of the country's cropland, ...
02.20.08
Cuba May Shift Biofuels Policy
Analysts say that Cuba has the potential to produce between 2 billion and 3 bill...
02.19.08
EIA Sees US Retail Gas At $3.03 Per Gallon
The Energy Information Administration lowered its forecast for the cost of regul...
02.19.08
Fuel Prices Cause Unrest In Mozambique
Recent events in Mozambique characterized by some international news outlets as ...
02.19.08
Commodities Cited As Top Performing Asset in 2007
Commodities were the top performing asset class in 2007, outperforming residenti...
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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