Republican presidential candidate Dr. Ben Carson is in favor of removing $4 billion in subsidies for oil and gas companies and using the money to support ethanol. He also suggests a 30 percent ethanol blend in fuel.
The RFS Has Rules, But EPA Might Not Be Enforcing Them
A study from the University of Wisconsin-Madison finds that millions of acres of crops might be contributing to the country's ethanol supply, while being in violation of the rules under the Renewable Fuels Standard.
With the 2016 US presidential election already getting rolling, the debate over the Renewable Fuel Standard could play role in farming-intense states. Iowa Governor Terry Branstad, a supporter of the mandate, thinks candidates who don't support the RFS could be at a disadvantage there for the very important caucuses.
The federal government mandates that a certain amount of ethanol be blended with gasoline. The price of corn-based ethanol hasn't been affected by the same anchor-drop in price as petroleum fuel, however, and along with that, the complicated mechanics of its pricing and trade are said to be what is keeping the price of gas from falling even further.
AP report already causing backlash from farmers and lobbyists
Across the Dakotas and Nebraska, more than 1 million acres of the Great Plains are giving way to cornfields as farmers transform the wild expanse that once served as the backdrop for American pioneers.
A US ethanol glut is causing some biofuels producers to go full circle by diverting their corn from fuel production towards food products such as energy bars and fish food, the Wall Street Journal reports.
In 2007, then-president George Bush signed a law that required increased production of ethanol. Swelling ethanol demand for fuel combined with this past summer's drought has driven the price of corn (used to make ethanol) up. In fact, prices have swollen some 400 percent in the last seven years. That's comforting for corn growers, who are dealing with much smaller yields than normal. But it's not comforting for livestock producers, poultry farmers and grocery shoppers.
Farming is one of the most difficult ways to earn a living. You'd think that with all the innovations mankind has developed over the centuries, we could make farmers' lives easier. But as it turns out, sometimes miracles of modern science make things tougher. Literally.
Sugar beets are a more efficient source for ethanol production than corn for a lot of reasons: they use less land, less water and, they can grown in many regions during the winter where it's too cold to grow corn.
Corn-based ethanol is a controversial fuel in its own right, and a longstanding federal subsidy for blending the biofuel with gasoline has been an additional source of consternation over the last 30 years. According to The Detroit News, Congress has wrapped up its work for 2011 without extending the incentive, a move that's drawn praise from environmental groups and taxpayer advocates.
For good or ill, a lot of what Americans eat is made of corn. It's not just the obvious ears alongside your main course, it's the sweetener in your drinks and to a large extent the meat on your sandwich. Corn is a viable crop across a large swath of the United States, and thanks to both modern farming techniques and not insignificant government subsidies, it's an extremely cheap source of calories for both humans and animals. Twice as much U.S. corn goes to feeding animals as it does to directly
U.S. ethanol production fell 3.5 percent for the week ending July 8, down 32,000 barrels per day (bpd) from the prior week. Ethanol producers shouldn't worry much, since this is up six percent from the same time frame in 2010 and most biofuel refineries in the U.S. are reporting profitable margins.