Post-Mortem for the Ethanol Tax Credit

    A couple of weeks back, my boss asked a question that I could not immediately answer: The ethanol tax credit expired on December 31. The price of ethanol should have gone up afterward. Did it? How much has that affected the price of gasoline? I turned to my friends at the American Petroleum Institute for help. Their surprising answer, in part: API declined to answer | Read More »

    US Biodiesel Refiners On Hold Pending Tax Credit Renewal

    US biodiesel operating rates plunge near zero 6 Jan 2010 , Houston : Operating rates for the US biodiesel industry is [sic] approaching “zero percent” as Congress waits on a vote to extend a blending tax credit that would help producers make sales, sources said on Tuesday. Biodiesel refining in the country ground to a halt after the Senate said it would not vote on | Read More »