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The Andersons’ ethanol plant at Denison, Iowa. (AndersonsEthanol.com)
Crops

U.S. biofuels deal reported to be delayed indefinitely

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Reuters — The Trump administration has indefinitely delayed a proposed overhaul of U.S. biofuels policy aimed at reducing costs for the oil industry, under pressure from corn state lawmakers who worry the move would undermine demand for ethanol, according to two sources familiar with the matter. The White House had been poised to announce reforms
Oil and corn go to war
News

Oil and corn go to war

The two industries are touting duelling studies on future of U.S. biofuel program

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Big oil and big corn are squaring off with opposing studies on proposed biofuels policy reforms under consideration by the Trump administration, part of an ongoing clash between the two sides over the future of the program. Valero Energy Corp., a major oil refiner, funded a study by Charles River Associates that supports placing a
About 34 per cent of corn produced in Ontario already goes to ethanol production. Photo: John Greig

Ontario proposal aims to double ethanol blend in fuel

Government move would boost corn market in the province

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An Ontario government proposal could dramatically increase the amount of Ontario corn going into ethanol production and help bring consistency to the basis price for corn in the province. The government has posted its proposal to increase ethanol content in the province’s gasoline from five to 10 per cent to the Environmental Bill of Rights
Motiva Enterprises’ facility at Port Arthur, Tex. is the largest fuel refinery in North America. (Motiva.com)
Crops

Diesel prices could rise further in Harvey’s wake

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CNS Canada — Diesel prices in Western Canada have risen by about six to seven cents a litre since Hurricane Harvey ravaged the petroleum-rich Texas coast. An expert with the fuel industry says harvest pressure will likely keep the diesel market from correcting downward, and push prices up a bit more. “So (the market) appears
Pressure is growing from gasoline refiners to rethink the structure of biofuel mandates.
News

U.S. refiners revamp operations as renewable fuel costs surge

Pressure is building to tweak renewable fuel standards as refiner profit margins are crushed

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U.S. oil refiners, beset by the weakest profit margins in six years, have been laying off workers, revamping operations and ratcheting up pressure on regulators and lawmakers to tweak the renewable fuel program, whose costs have ballooned. The top 10 U.S. independent refiners look set to take a record hit on renewable fuel credits this
(Dave Bedard photo)
Crops

Diesel prices look to settle in for fall, early winter

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CNS Canada — Canadian diesel prices appear to be settling in for a relatively uneventful autumn, according to an industry watcher. “Unless we get a vortex kind of winter, when a lot of diesel is used for heating purposes, I think it’s another cheap autumn-winter scenario shaping up,” said Tom Kloza of the Oil Price
(Dave Bedard photo)
Crops, Markets

Diesel prices hang steady in West, for now

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CNS Canada –– It doesn’t appear the gasoline shortage that has left many pumps across Western Canada dry will be spreading to the diesel sector, at least for now. Fires in northern Alberta and problems at a refinery in Edmonton crimped available supplies of gas for many Prairie retailers this week. While some Petro-Canada and

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