Oil Prices on the Rise Again

Oil costs acquired 10 percent last week as accounts on United States home sales and constructing in China encouraged optimism about the economic system and after U.S. Crude provisions climbed lower than predicted.  According to the Labor Department, paysheets came down by 539,000, after a 699,000 loss in March. A loss of 600,000 jobs has [...]

In Defense of Ethanol

As recently reported by the Renewable Fuels Association, in 2008 approximately 180 biorefineries in 26 states produced 9.25 billion gallons of ethanol displacing the need for 320 million barrels of oil, which is roughly 4.4% of all petroleum consumed in the U.S. during the year. Today, another 20 facilities are under construction and three existing [...]

Forecourts: France Authorizes Biofuel but More Carrot Needed

Renewable Fuels Standard Increasing in 2009

With the latest decree of the U.S. Environmental Protection Agency (EPA) on November 17, 2008, most refiners, blenders, and importers of gasoline will have to use renewable fuels like ethanol in place of 10.21% of total gasoline usage. The point is to ensure that about 11.1 billion gallons of fuels will be sold in 2009. [...]