9 Articles
Green
Inflexible ethanol costs stopping further decrease in gas prices

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.

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Over 11,000 comments filed on EPA's ethanol rules; White House also involved

In late 2013, the US Environmental Protection Agency (EPA) proposed – for the first time ever – a slight slacking of the 2014 renewable fuel standard. The reason was that the US is coming up on the 'blend wall,' the overall level of ethanol in the national gasoline supply where adding any more biofuel would p

Oil company CEO, Senators asking questions about ethanol mandate, RIN rules

To paraphrase Valero Energy Company CEO Bill Klesse: Enough already on federal ethanol blend mandates!

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Ethanol RIN credits have climbed 2,000% this year, but where do they go now?

Renewable Identification Numbers (RINs) could be a fantastic deal for investors – if the 2013 trend continues. RINs, part of a federal mandate that requires fuel producers to either make or buy ethanol or to buy RIN ethanol credits, have shot up to $1.25 a gallon. That's a wee bit higher than the price last December, when it dropped down to one

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Lawmakers ask EPA to look into gas price increase as ethanol credits rise

A pair of US lawmakers told the Environmental Protection Agency (EPA) that ethanol credits are leading to some deficits. Attempting to stem what they say could be an additional boost in gas prices prior to the busy summer-driving months, David Vitter (R-LA) and Lisa Murkowski (R-AK) are raising questions, Reuters reports.

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Fraudster turned non-existent biofuel into luxury cars, sentenced to 12 years

Rodney Hailey, who was in the news last summer for selling more than $9 million in Renewable Identification Numbers (RIN) credits for biofuel that, well, didn't exist, has been sentenced to nearly 12 years and six months in prison, followed by three years of supervised release.

More arrests in biodiesel RIN fraud cases

Alternative energy and cleantech have been a platform for political jabs and Congressional hearings in Washington over the past year – the Solyndra scandal, Chevrolet Volt post-crash-test battery fires, and Fisker Automotive's Department of Energy grant loan quickly come to mind. The latest one deals with companies committing fraud tied into the federal renewable fuel standard, and it

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Clean Green Fuels sold $9m worth of renewable fuel credits that didn't exist

This is a most interesting way to make nine million dollars: selling $9.1 million worth of renewable energy credits that you don't actually have.