An article published Saturday in the International Business Times points out two important links in the oil trading business: the link between a US credit downgrade or debt default and the value of the US dollar, and the link between the value of the US dollar and the price of a barrel of oil. “A… Keep reading →
Gasoline
Sign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.By: Javier E. David As the U.S. prods the oil industry to blend more ethanol into gasoline, charges are flying between refiners and biofuel advocates about the impact of such mandates—and whether the so-called Blend Wall is really a problem at all. Under a law passed in 2007, refiners are required to mix a certain… Keep reading →
The credits – Renewable Index Numbers – created to track compliance with EPA-mandated ethanol blending into the US fuel supply as part of the Renewable Fuel Standard reportedly created a market easily manipulated by Wall Street and other players. [New York Times] Some positive climate change news may be on the horizon when the Intergovernmental… Keep reading →
Industry groups have petitioned EPA to lower the 2014 RFS ethanol mandate to below 10 percent of projected gasoline demand. On August 13, 2013, the American Petroleum Institute and the American Fuel & Petrochemical Manufacturers petitioned the Environmental Protection Agency (EPA) for a partial waiver of volume requirements under the 2014 Renewable Fuel Standard (RFS)… Keep reading →
That global oil demand hit record levels last year is not breaking news. But the US Energy Information Administration highlighted an important trend today, one that features in conversations about the future of energy consumption perhaps less frequently than it should. Demand growth in Asia, Central and South America and other regions has been strong enough… Keep reading →
EPA’s 2013 Renewable Fuel Standards (RFS) require blending of 16.55 billion gallons of renewable fuels into transportation fuel, providing additional lead time and flexibility for compliance. On August 6, 2013, the Environmental Protection Agency (EPA) released its finalized volume and percentage standards for four renewable fuel categories – cellulosic, biomass-based diesel, advanced biofuels, and total… Keep reading →
It’s an old adage in the energy business that forecasts are always wrong and miscalculations regarding US gasoline demand growth and advanced biofuel supply growth led to a regulatory regime that is increasingly becoming untenable. The Environmental Protection Agency (EPA) last week issued its 2013 Renewable Fuel Standard (RFS) final rule. This year’s volumetric requirement… Keep reading →
The EPA released its finalized 2013 Renewable Fuel Standard yesterday, which laid out modified volumetric requirements for renewable fuels blended into the fuel supply, as well as more flexibility in meeting the standard. This year’s volumetric requirement is unchanged from a previous proposal, at 16.55 billion gallons this year. Of that volume, 1.28 billion gallons must be… Keep reading →
Public opinion is not the only factor policy makers must weigh when charting a course for the US energy sector, but it does play a role. And this can prove difficult when there is a mismatch between what the public favors and how well people understand the costs and challenges of implementing their preferred energy… Keep reading →
During a discussion of the nexus of government and the energy industry at the USAEE/IAEE North American Conference in Anchorage, Alaska last week, Branko Terzic, Executive Director of the Deloitte Center for Energy Solutions, pointed out that the average American does not know the cost of electricity. He suggested that a focus on greater transparency… Keep reading →