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CHICAGO (Reuters) -Grains merchant Archer-Daniels-Midland posted its lowest fourth-quarter adjusted profit in six years on Tuesday on weak oilseed crush margins and uncertainty over U.S. biofuel ...
[41] [42] Chicago has proposed the idea of mandating E15 in the city limits, while some area gas stations have already begun offering it. [43] [44] Expanding ethanol (and biodiesel) industries provided jobs in plant construction, operations, and maintenance, mostly in rural communities. According to RFA the ethanol industry created almost ...
When it comes to the domestic ethanol industry, there are two keys to profitability. One is demand, which is determined by just how much of this alternative corn-based fuel is being mixed with the ...
Similarly, whereas selling any fuel containing more than 10% ethanol is currently illegal in some states, this is rapidly changing. For example, Florida proposed changing state law to permit the sale of alternative fuels such as E85 at an October 7, 2005 meeting, and held public hearings on October 24. Before higher level blends of ethanol were ...
California's attempt to manage a smooth transition away from gasoline just got roughed up with this week's decision by Phillips 66 to shutter its refinery in Wilmington next year, wiping out more ...
Californian Governor Arnold Schwarzenegger issued Executive Order S-1-07 on January 19, 2007, to enact a low-carbon fuel standard (LCFS). [14] [15] The LCFS requires oil refineries and distributors to ensure that the mix of fuel they sell in the Californian market meets the established declining targets for greenhouse gas (GHG) emissions measured in CO 2-equivalent grams per unit of fuel ...
On average, one unit of soybeans produces 80% soybean meal, 18.3% soybean oil, and 1.7% waste, though growing conditions affect oil yields. [2] To calculate the crush margin of one unit of soybeans, take the % value of the soybean meal and oil futures (e.g., in CNY/metric ton purchased on the Dalian Commodity Exchange) and subtract the value of the soybeans (e.g., in USD/bushel purchased on ...
Ethanol groups say they prefer a nationwide legislative fix to allow for expanded E15 sales, versus the regional approach. (Reporting by Stephanie Kelly; Editing by Paul Simao) Show comments