Articles tagged under: fuel
A Price Shock Coming to Gas Pumps Near You
Published May 14, 2022
Energy prices continue to rocket higher. AgriSompo North America market analyst Sterling Smith expects even higher energy prices. "Crude oil is up $3.50 to $4 per barrel. Unleaded gasoline is up 12 cents per gallon and diesel prices are up."…Renewable Fuels Not in President Biden’s Plan to Lower Fuel Prices
Published April 1, 2022
President Joe Biden outlined a two-part plan to address high fuel prices last week, but that plan does not include an increase in the use of renewable fuels. Renewable Fuels Association President Geoff Cooper said it’s baffling that President Biden…USGC Promoting Ag Exports
Published December 20, 2021
U.S. Grains Council Chairman Chad Willis says key markets for grains and byproducts are holding steady. "If you look at this past year, China came on like gangbusters and hopefully we can keep that market going. Our neighbors, Mexico and…CHS Expands E15 Fuel Access
Published March 29, 2021
CHS is expanding access to higher ethanol blended fuels at ten fuel terminals come early April. This includes locations in Iowa, Kansas, Nebraska and South Dakota. "Expanding options for ethanol blended fuel is important for our Cenex brand retailers and…Input Costs Increase as Commodity Prices Rise
Published February 16, 2021
While commodity prices increased substantially in the past few months, AgCountry Farm Credit Services Market Education Specialist Jeff Beaudry said input costs are higher. "Many aren't aware of how much the input costs have gone up. Anhydrous went from $440…Agriculture Groups Challenge Fuel Efficiency Rule
Published June 30, 2020
A coalition of agriculture groups are challenging a fuel efficiency rule for vehicles from the Environmental Protection Agency. One of those organizations is Farmers Union, who says the rule fails to recognize the benefits of mid-level ethanol blends for achieving…CoBank Forecasts U.S. Ethanol Industry Transformation
Published June 20, 2020
Excess ethanol production capacity and reduced demand may force the U.S. ethanol industry to change its business model. According to a new CoBank report, the ethanol industry will need to diversify beyond fuel to include higher margin co-products. The COVID-19…ND Ethanol Plants Adjust to Fuel Demands
Published May 4, 2020
Ethanol plants in North Dakota are adjusting to the retraction in fuel demand. "We've seen ethanol prices in the cents as opposed to dollars," explained Jeff Zueger, CEO, Midwest AgEnergy. "Ethanol futures traded as low as 70 cents and are…ND Groups Working on Unleaded88 Fuel Option
Published September 13, 2019
The North Dakota Corn Council and North Dakota Ethanol Council are partnering with fuel retailers to offer the Unleaded88 fuel option. This higher-octane fuel contains 15 percent ethanol and 85 percent gasoline. Matching grant dollars are available through June 30,…