Market News

11.19.07

Brazil To Review Oil Policy

A day after Petrobras announced discovery of between 5 billion and 8 billion bar...

11.19.07

US Farm Bill Stalled Again

A cloture motion to force a vote on the 2007 Farm Bill failed in the US Senate l...

11.16.07

BP To Sell All US Convenience Stores

BP said it would sell all 700 of its US owned and operated convenience stores to...

11.15.07

President Bush Calls for Action on US Energy Bill

President George Bush called for action on US energy legislation on a visit to I...

11.14.07

Taxes Stifle German Biodiesel

A new round of tax increases planned for German biofuels means no new biodiesel ...

11.14.07

Biofuels Escape Argentina Export Tax

Argentina has increased the export tax on soybeans, soy-based products, and corn...

11.13.07

French Rapeseed Planting To Drop

According to a USDA report, French rapeseed acreage in 2008 is forecast to decli...

11.13.07

EU Officials Lobby US On Biodiesel

European Union officials visited with US Senate Agriculture Committee Chairman T...

11.06.07

Exxon See Growth in Alternative Energy

In a report that predicts steady growth in petroleum demand in the decades to co...

11.01.07

Experts Raise Oil Supply Concerns

Leading figures from the Middle East oil industry are warning that the world is ...

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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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