The oil market is filled with winners and losers. When oil prices decline, refiners generally win as their feedstock is less expensive, but producers lose as they get less money for their product. This highlights the attraction of vertical integration – operating both upstream production and downstream refining – which can insulate companies from oil… Keep reading →
Energy News Roundup: Economy Giving Thanks for Low Gas Prices, Cardin Drafts RFS Reform Bill & SunEdison’s $30M Brazilian ExpansionBy Jared Anderson
US gasoline prices are at their lowest level since 2009 – $2.81 per gallon according to AAA – which could boost the number of holiday travelers and shoppers. “That could mean what is typically the busiest travel day of the year in the United States could get even busier — AAA estimated that 46.3 million… Keep reading →
Hosting Thanksgiving Dinner is an expensive operation that is almost universally observed across the United States, and a consortium of companies and groups concerned about the impact of the Renewable Fuel Standard on the US economy sees this year’s Thanksgiving as an ideal opportunity to note what it says will be an increase in the cost of a high-profile family event.
The group has issued an infographic detailing the increased costs it says could result from the RFS policies. The full infographic can be downloaded on the Smarter Fuel Future website here. Keep reading →
As Americans stock up on Turkey meat for Thanksgiving dinners, farmers scramble to feed those families. When its all over, they will be left with not only some profit but also with mounds of a less heartwarming byproduct: turkey litter.
Of the various kinds of poultry, turkeys produce substantially higher amounts of waste because they tend to be larger. Having recognized this several years ago, the US Department of Agriculture has been encouraging farmers to convert turkey litter into energy by using the methane gas in the waste to create electricity. Keep reading →