Ford Motor Co. Announces Quarterly Earnings

Ford is going to offer a natural gas option for its 2014 F-150 truck. “‘We may look back on this launch as when natural gas really became a mass-market fuel for retail customers as well as fleet customers,’ said Jon Coleman, sustainability and technology manager for Ford.” [Fuel Fix]

Ineos Bio, Indian River BioEnergy Center in Florida announced a global first today – producing commercial quantities of ethanol made from vegetative and wood waste, but the New York Times was unable to verify that “first” claim. “An official at the Environmental Protection Agency, which grants valuable credits to companies that make renewable fuel, said that the agency could not verify the claim that INEOS was first, because that might give away confidential commercial information.” The plant plans to begin making ethanol from municipal solid waste next year.  [New York Times]

JP Morgan agreed to pay the Federal Energy Regulatory Commission $410 million for alleged electricity market manipulation. “The settlement, announced in an enforcement order from the Federal Energy Regulatory Commission, is the agency’s largest since it received new powers in the wake of the Enron Corp. fiasco,” writes the Wall Street Journal. Breaking Energy has some thoughts on the FERC’s new activism.