News from November 2008

Gas prices dip to near E85 levels

November 21, 2008 - 12:00am

By Steve Porter

November 20, 2008 --
A slide in the demand for gasoline in recent months has resulted in the price of unleaded at the pump dipping below $2 for the first time in years and nearly equaling the cost of E85 corn-based ethanol.

The price difference at the few stations in Northern Colorado that sell both unleaded gas and E85 was about 10 cents per gallon on Nov. 13. Normally, the price advantage for E85 is closer to 50 cents or more.

http://www.ncbr.com/article.asp?id=97305

House Ag Committee Chairman Backs Nationwide E15 Blend

November 20, 2008 - 12:00am

Reuters. Congress should move to approving a 15% ethanol blend in gasoline (E15), said Representative Collin Peterson (D-MN), the chairman of the House of Representatives Agriculture Committee, in an interview with Reuters.

“I’d like to see us do nationwide a 15 percent blend,” said Peterson. He said President-elect Barack Obama “will be supportive of whatever we (Congress) come up with.”

More information
http://www.greencarcongress.com/2008/11/house-ag-commit.html

Four ethanol plants planned for Southeast

November 11, 2008 - 12:00am

Nov 10, 2008 11:03 AM, By Roy Roberson
Farm Press Editorial Staff

East Coast Ethanol, LLC recently announced plans to build 110 million gallon per year ethanol plants in Chester, S.C., Seaboard, N.C., Jesup, Ga. and Campbellton, Fla, making the company the largest supplier of ethanol in the Southeast and the sixth largest in the U.S.

In addition to producing over 400 million gallons of ethanol annually, the multiple plants will produce 1.4 million tons of distiller’s dry grains (DDG) and $3-5 million annually in carbon dioxide sales.

More information...
http://southeastfarmpress.com/biofuels/ethanol-plants-1110/