Colorado Corn
Cultivating Opportunities
News from January 2008
E85 Grand Opening Jan. 14th with Gov. Ritter
Governor Bill Ritter will helping open Colorado's 50th E85 pump in Colorado Springs. Follow our link for the full invitation.
EPA: Ethanol Helps Clear the Air, Ground and Water
A new study by the U.S. Environmental Protection Agency confirms corn ethanol additives in gasoline have helped clear the air, ground and water, and the National Corn Growers Association (NCGA) hailed this latest report as further proof that ethanol is good not just for energy security, but a cleaner environment.
Deadline Extended for NCGA/BASF College Scholarship Program
At the request of college financial aid administrators, the application deadline has been extended for the National Corn Growers Association (NCGA) Academic Excellence in Agriculture Scholarship Program. Sponsored by chemical company BASF, the program awards five $1,000 scholarships annually to students pursuing a degree in an agriculture-related field.
ADM Plans Carbon Sequestration Project
OMAHA (DTN) -- Archer Daniels Midland Company, the Midwest Geological Sequestration Consortium and the Illinois State Geological Survey announced Friday that they are working on a carbon sequestration project, according to a news release from ADM.
The project will involve the capture and storage of carbon dioxide from ADM's ethanol plant in Decatur, Ill. In this project, carbon dioxide will be stored in the tiny spaces of porous rock deep below the earth's surface, the release said.
Oil Prices Boost Ethanol Company Shares
Ethanol Company Shares Rise
NEW YORK (Reuters) -- Oil's jump to more than $100 per barrel has helped boost shares of ethanol companies as interest swells in the domestic source of motor fuel, analysts said.
U.S. oil futures briefly hit a record of more than $100 per barrel on Thursday as the country's crude supplies fell for the seventh week running amid soaring global demand.
"One hundred-dollar oil eliminates a lot of problems for ethanol," Ron Oster, an analyst at Broadpoint Capital Inc in Missouri, said in an interview.
Grants Awarded for Colorado Renewable Energy Projects
LAKEWOOD, Colo. – Fifteen grants totaling more than $560,000 have been awarded through the “Advancing Colorado’s Renewable Energy” (ACRE) program.
ACRE is administered by the Colorado Agricultural Value Added Development Board which encourages and promotes business projects that add value to agricultural products, as well as agricultural energy-related projects.
October Ethanol Imports Climb 384,000 Bbl to 985,000 Bbl
WARWICK, N.Y. (DTN) -- Ethanol imports to the United States during the month of October totaled 985,000 bbl or 43.3 million gal, up 384,000 bbl from the month prior, data released by the Energy Information Administration Friday shows.
The main exporter to the U.S. during October was Jamaica, which shipped 292,000 bbl of ethanol, with El Salvador providing 213,000 bbl of ethanol. Brazil sent 148,000 bbl of ethanol to the U.S. in October, with 111,000 bbl of supply exported from Trinidad.
Kansas Launches Program to Offer Range of Ethanol Blends
WARWICK, N.Y. (DTN) -- The Kansas Department of Agriculture recently launched a pilot project in the state that allows retail fueling stations to sell gasoline blends that contain between 10 and 85 percent ethanol.
The pilot project will allow the ethanol blends to be offered on a trial basis until Jan. 1, 2009. Currently, 28 stations in Kansas, sell E85, which contains 85 percent ethanol and 15 percent gasoline.
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