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REX American Resources reports increasing profitability

April 2, 2013

BY Erin Krueger

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Ethanol, biogas groups call on Rubio to champion biofuels in IMO negotiations

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The American Biofuels Maritime Initiative, which includes members representing the ethanol and biogas industries, on April 23 sent a letter to U.S. Secretary of State Marco Rubio calling for strong U.S. leadership in IMO negotiations.

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Pearson Fuels reached a milestone in mid-April, delivering E85 to its 500th station. The average price of E85 in California during March was $2.50 per gallon below gasoline, offering substantial relief to flex fuel vehicle owners.

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Growth Energy has welcomed three new producer plant members: POET Bioprocessing – Obion, Hereford Ethanol Partners LP, and PureField Ingredients LLC. Growth Energy’s total plant membership now sits at 98.

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U.S. fuel ethanol production fell by more than 7% the week ending April 17, according to data released by the U.S. Energy Information Administration on April 22. Stocks of fuel ethanol were up nearly 1% and exports expanded by 12%.

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The House Committee on Rules on April 16 announced lawmakers could submit amendments that will be considered for the 2026 Farm Bill through April 22. Amendments focused on year-round E15 and the RFS were among those offered for consideration.

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