Monday, October 03, 2016 3:33:59 PM
According to the latest government report, ethanol's share of the U.S. gasoline market reached a new record of ten-point-two percent last week.
Monte Shaw with the Iowa Renewable Fuels Association says he's not surprised that ethanol has broken through the ten percent so-called "blend wall".
"It's not surprising to those of us in the industry that have seen the growth of higher blends like E15 and E85," says Shaw, "but when Big Oil is out there trying to tell everybody there's this bogus blend wall and we can't get past E10 and all this stuff-I guess a lot of air just got let out of their balloon."
Shaw says the increased availability of E15 is a big factor, with more and more retailers now offering the higher blend.
"Here in Iowa, a couple of years ago, we had ten (E15 outlets). By the end of this year, we should be around 100, and that's just going to keep growing," he says.
Shaw says the next big challenge is to convince the EPA to drop its summertime volatility restrictions on E15, which force many stations to put their E15 sales on hold during the summer months.
"There's no doubt that is probably our number one hurdle in not just selling more E15 from where it's available, but from dramatically increasing the number of retailers who are willing to offer E15."
In addition to industry efforts, a group of seven Midwest governors recently called on the EPA to eliminate the summertime restrictions on E15.
The E15 restrictions expired on September 15th
Good Luck To All!$!$!$
Recent GPRE News
- Green Plains to Participate in BMO Global Farm to Market Conference • Business Wire • 05/07/2024 08:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/07/2024 08:13:31 PM
- Form S-3ASR - Automatic shelf registration statement of securities of well-known seasoned issuers • Edgar (US Regulatory) • 05/06/2024 08:41:28 PM
- Green Plains Reports First Quarter 2024 Financial Results • Business Wire • 05/03/2024 10:55:00 AM
- Green Plains to Host First Quarter 2024 Earnings Conference Call on May 3, 2024 • Business Wire • 04/18/2024 08:05:00 PM
- Green Plains Releases 2023 Sustainability Report • Business Wire • 04/09/2024 12:30:00 PM
- Green Plains Unveils New Specialty Feed Ingredient Brand • Business Wire • 04/04/2024 12:30:00 PM
- Green Plains Begins Commissioning of the Demonstration Facility Combining Fluid Quip Technologies’ MSC™ with Shell Fiber Conversion Technology • Business Wire • 03/25/2024 12:15:00 PM
- Green Plains to Participate in 36th Annual ROTH Conference • Business Wire • 03/11/2024 08:15:00 PM
- Green Plains to Participate in Bank of America 2024 Global Agriculture and Materials Conference • Business Wire • 02/21/2024 09:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 09:24:19 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 09:20:30 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 09:17:31 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 09:14:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 09:12:02 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/20/2024 09:28:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/14/2024 09:38:11 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/13/2024 11:52:30 AM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/09/2024 08:11:28 PM
- Form SC 13D/A - General statement of acquisition of beneficial ownership: [Amend] • Edgar (US Regulatory) • 02/07/2024 09:24:04 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/07/2024 01:45:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/07/2024 11:57:46 AM
- Green Plains Reports Fourth Quarter and Full Year 2023 Financial Results • Business Wire • 02/07/2024 11:55:00 AM
- Green Plains to Host Fourth Quarter and Full Year 2023 Earnings Conference Call on February 7, 2024 • Business Wire • 01/25/2024 09:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/12/2024 09:10:20 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM