Sentences with phrase «price of ethanol»

Eventually, enough refineries will go out of business, and use up enough reserves, to allow the price of ethanol to climb (because its use is mandated, the price is not locked to global oil prices).
The «market conditions» that these ethanol producers are referring to is the fact that the average price of ethanol has dropped some 30 percent since May, as market subsidies combined with a lack of infrastructure for its delivery and use have created a surplus of the renewable fuel.
Gasoline prices in Brazil are controlled by the government, and the domestic sugar price — and therefore the domestic price of ethanol — is determined by the world sugar price.
During two episodes of high sugar prices in 2010 and again in 2011, the price of ethanol increased, causing consumers to switch their fuel usage to gasoline.

Not exact matches

When former U.S. vice-president Al Gore said last fall that his earlier enthusiasm for corn - based ethanol production in the United States was a mistake, he was conceding something that had long been obvious: the practice of diverting food crops to biofuels has contributed to food shortages and driven up prices for staples across the globe.
Ethanol demand has been vital to farmers who are buffeted by low commodities prices and the threat of a global trade war.
But that volatility, as Ghosh likes to note, is the upside of the integrated nature of the company, which gives it a continued hedge against the differential in world oil prices through its downstream and midstream assets — on the midstream side, Husky operates a 2,000 - kilometre crude - oil pipeline system, and its downstream operations include upgrading and refining crude oil, and marketing gasoline, diesel, jet fuel, asphalt and ethanol in Canada and the United States.
A proposal to reduce the amount of ethanol in gas could mean big changes for gas prices and grocery bills.
It is an effort ``... to support ethanol producers, many of whom are facing bankruptcy because of heavy debts and DIFFICULTIES COMPETING WITH SUBSIDISED PETROL PRICES IN BRAZIL.»
The explanation for the hefty price of free - range eggs has something to do with the dynamics of increased corn production for ethanol and the resulting decrease in production of other less expensive feed.
In another stroke of luck, New York dairy farmers have been well - positioned in recent years because they tend to grow much of their own feed corn, putting them at a competitive advantage over their larger California competitors: West Coast dairies are struggling with the high price of corn brought on by international demand, drought conditions and ethanol subsidies.
The pump price for ethanol is roughly half that of gasoline.
Two recent reports noted that corn - based ethanol production is upping food prices and consuming worrisome amounts of water.
Data collection was performed from January to May 2011, and the analyses took place before, during and after a sharp fluctuation in ethanol prices — owing to macroeconomic factors such as the international price of sugar (Brazilian ethanol is made from sugarcane)-- leading consumers to switch motor fuels in São Paulo City.
When ethanol prices at the pump rise for whatever reason, it becomes economically advantageous for drivers of dual - fuel vehicles to fill up with gasoline.
However, the health of the entire population pays a high price: substitution of gasoline for ethanol leads to a 30 % increase in the atmospheric concentration of ultrafine particulate matter, which consists of particles with a diameter of less than 50 nanometers (nm).
Farmers make the fuel by chemically treating corn kernels to isolate the sugars and then feeding the sugars to yeast, which digests them and secretes ethanol.Not only do the corn husks and stalks go to waste, but ethanol production has driven up the price of the corn that is used for food by reducing its availability.
As attorney general, Pruitt in 2013 filed a friend of the court brief with the U.S. Supreme Court in which he argued the EPA ignored the risks that gasoline with more than 10 percent ethanol can pose to cars» fuel systems as well as the RFS requirement's possible effect on food prices.
At the same time, the steep price of gasoline — and corn — means that next - generation ethanol can be profitable even if its price doesn't reach what Khosla Ventures» Kaul calls the «holy grail» of $ 1 a gallon.
A Northwestern University study by an economist and a chemist reports that when fuel prices drove residents of São Paulo, Brazil, to mostly switch from ethanol to gasoline in their flexible - fuel vehicles, local ozone levels dropped 20 percent.
Khanna says that a price on carbon would be one way to equalize the cost of using gasoline and ethanol for consumers when filling up their tank.
The price of pure ethanol at the pump is so high that in most states it is cheaper to fill up flexible - fuel cars with petrol blends that contain about 20 % ethanol.
It has promised the industry that petrol prices will go up next year, and that the blend of ethanol will rise from 20 % to 25 %, the maximum allowed by law.
A recent report from the U.S. Department of Energy's Oak Ridge National Laboratories states that high - octane mid-level ethanol blends deliver optimal performance, often at a price below regular unleaded.
Comfortable but agile, its low maintenance Automatic transmission and its dependable Gas / Ethanol V8 5.3 L / 323 engine have lots of pep for an inexpensive price.
Interesting features of this model are Powerful and efficient engine selection, V6 can run on E85 ethanol blend, and sharp styling inside and out Our Pricing is for Retail Customers only.
Comfortable but easy - moving, its tried - and - true Automatic transmission and its dependable Gas / Ethanol V8 5.4 L / 330 engine have lots of pep for a value price.
Security system that sets off the vehicle alarm system if the vehicle is jacked up or towed - designed to protect 20» / 22» SPO upsize wheels, ENGINE, VORTEC 5.3 L V8 SFI FLEXFUEL: with Active Fuel Management, capable of running on unleaded or up to 85 ethanol (with gas - 320 hp [239 kW] @ 5400 rpm, 335 lb - ft of torque [454 N - m] @ 4000 rpm, with E85 ethanol - 326 hp [243 kW] @ 5300 rpm, 348 lb - ft of torque [472 N - m] @ 4400 rpm), aluminum block (STD), AUDIO SYSTEM WITH NAVIGATION All prices include all applicable rebates and incentives.
We are one global market at present, and energy and food prices are interlinked through the energy and fertilizer costs of farmers, and through stupid ideas like corn - based ethanol.
This should provide an incentive for shifting to a new generation of fuels like cellulosic ethanol that will reduce concerns about food prices and the environment.
Today, the House Energy and Commerce Committee should be holding a hearing on advancing America's, and the world's, energy future by initiating a sustained quest to break the economic shackles imposed by enduring dependence on oil (that doesn't involve using 40 percent of our corn crop to produce ethanol in a world facing food price spikes).
The denial of market forces in the US by all politicians, in favor of market farces like ethanol subsidies, in a way emphasis the effectiveness of prices as one instrument.
I saw your support for cellulosic ethanol, but no statement on the logic (or lack thereof) of the United States diverting some 40 percent of its corn crop to fuel while world grain prices soar.
Cruz creditably withstood the perennial temptation — among Republicans and Democrats alike — to bow down to Big Corn and the federal mandate for ethanol that has been such a boon to Iowa corn farmers and bane if you care about food prices, greenhouse gas emissions, herbicide use or the loss of wild vegetation in the Midwest that is an important food source for monarchs and habitat for other wildlife.
Would that they had invested more in efficient cars, and more important I would add, spent less of their politcal capital fighting fuel economy standards (as well as studies that even hinted at supporting such an approach) or supporting expensive ethanol and other alternatives to keep the myth of a low price at the pump, in turn to keep Hummers Humming.
To the «hatchet job» inference (# 177), I listened with my ears and nobody else's to the May 6th «Fresh Air» interview, when Gore moved from an ethanol / food price debate, to his joke about some minister's absurd believe that Katrina was New Orleans» punishment for a gay pride parade, to his clear inference that Myanmar and, previously, Bangladesh, are part of an emerging consensus that the trend towards more Category 5 and stronger storms appears to be linked to AGW, specifically the heating of the upper oceans, driving convection energy, etc..
The ethanol program has already raised corn prices, making it hard for poor consumers of corn to eat.
Still, it's clear that a combination of pressures to cut the deficit, concerns about food prices and clearer information about the dubious merits of most existing methods of producing ethanol has overcome the political heft of farm states.
We have noted previously that demand for ethanol feedstocks has driven up the price of beer in Germany, tortillas in Mexico and pasta in Italy; Yesterday the Italians demonstrated that they have had enought of high prices and went on strike.Consumer
You then take that ethanol and burn it into an internal combustion engine that is maybe 20 - 30 % efficient, and you end up with a tremendous amount of wasted energy... And you've used up farmland that could instead have grown food for human consumption, increasing food prices by reducing supply.
Ethanol makers experienced improved financial performance because of changes out of their control - as in the case of natural gas prices falling drastically in response to increased fracking for natural gas production - but lost money because of increased corn prices caused by escalating Chinese grain demand.
And the run - up in commodity prices has more to do with the emergence of the economies of India and China than with anything related to ethanol policy.
If I produced corn ethanol, and the price of oil went up, I'd charge a lot more for my ethanol to maximize profitability while my competitor's prices were high, which, in a nutshell is why ethanol does little to protect consumers from oil price spikes.
Adding more ethanol will also increase the complexity of America's refining infrastructure, which is already straining to meet demand, thus raising pump prices.
But the ethanol boosters are ignoring some unpleasant facts: Ethanol won't significantly reduce our oil imports; adding more ethanol to our gas tanks adds further complexity to our motor - fuel supply chain, which will lead to further price hikes at the pump; and, most important (and most astonishing), it may take more energy to produce a gallon of ethanol than it actually coethanol boosters are ignoring some unpleasant facts: Ethanol won't significantly reduce our oil imports; adding more ethanol to our gas tanks adds further complexity to our motor - fuel supply chain, which will lead to further price hikes at the pump; and, most important (and most astonishing), it may take more energy to produce a gallon of ethanol than it actually coEthanol won't significantly reduce our oil imports; adding more ethanol to our gas tanks adds further complexity to our motor - fuel supply chain, which will lead to further price hikes at the pump; and, most important (and most astonishing), it may take more energy to produce a gallon of ethanol than it actually coethanol to our gas tanks adds further complexity to our motor - fuel supply chain, which will lead to further price hikes at the pump; and, most important (and most astonishing), it may take more energy to produce a gallon of ethanol than it actually coethanol than it actually contains.
Let's reword all this and say that we want to improve energy efficiency and reduce waste and real pollution wherever we can, we want to move away from ever scarcer and costlier fossil fuels, particularly those that have to be imported from a price - fixing cartel of nations that are generally hostile to us and we want to develop new domestic sources of energy, be that shale oil and gas, new biofuels (not silly corn - to - ethanol schemes) and other renewable energy sources, etc..
In this case, they point to the role of speculators and ethanol in world food prices.
As of mid-2007, growth in investment in ethanol and biodiesel was losing momentum as feedstock prices rose for both ethanol distilleries and biodiesel refineries and as soaring grain prices sounded alarm bells for food consumers everywhere.
While higher commodity prices and cooperatively owned ethanol refineries could be a boon to independent farmers, unregulated ethanol industry growth will further concentrate agribusiness, threatening the livelihood of rural communities.
The rise in corn prices has already abated, partly in response to lower oil prices due to a multitude of factors including, in a small way, corn ethanol.
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