New studies: Corn ethanol produces more energy than required to make it
U.S. Agriculture Secretary Tom Vilsack on Thursday said two reports released this month show corn ethanol produces more energy than it requires to make.
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Ethanol mandate triggers ‘constant litigation,’ USDA chief says
The conflict between agriculture and petroleum interests over the government’s ethanol mandate shows no signs of abating, U.S. Department of Agriculture Secretary Tom Vilsack said.
How the world’s great oil powers became so powerless
Right now, at least 3 billion barrels of oil — a record — is just sitting there. That oil alone could power the world for a month.
98 is the number to remember for U.S. gasoline in the 2020s
Ethanol, at 113 octane, is a great way to get your octane level higher. It’s the double-shot latte of the gasoline blend.
North Dakota oil production dips as low prices weigh
North Dakota’s oil output fell in December for the first time in three months, as producers reined in their wells and drilled less in a reaction to the plunge in crude prices.
Drive a Volt and you’ll never go back
14 dollars and 81 cents.
That’s how much I’ve spent on gasoline since I leased a 2016 Chevy Volt near the end of November. Read more →
Oil rout to spark U.S. ethanol consolidation, producer says
The cheapest crude oil prices in 12 years could spark a wave of ethanol industry mergers in 2016, Green Plains Inc., a producer of the biofuel, says.
If you can’t afford a Tesla, now your kid can — at $499
For people who dream of of owning a Tesla electric sedan, but can’t afford the real thing comes the kiddie version.
Oil loses nearly 4 percent as hopes over Saudi, Russia deal fade
Brent oil fell almost 4 percent on Tuesday, erasing early gains after top producers Russia and Saudi Arabia dashed expectations of an outright supply cut by agreeing only to freeze output if other big exporters joined them.
Hofmeister: U.S. must not be victimized by ‘contrived’ oil market
The global oil trade is a “contrived market” not subject to the usual laws of supply and demand, and the United States has an “absolute requirement” to use alternatives if it hopes to wean itself off imported oil, former Shell Oil president John Hofmeister said during the keynote speech at the National Ethanol Conference. Read more →
