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New US Biofuels Target Poses Risks And Rewards For Fuel Marketers And Refiners

Storage and transportation logistics - dealing with infrastructure hurdles and headaches.
by Staff Writers
Rockville MD (SPX) Feb 27, 2008
Faced with skyrocketing crude oil and petroleum product prices, the U.S. has adopted its most aggressive plan yet for the increased use of ethanol and biodiesel. The job of implementing these new federal blending targets falls to refiners, importers, biofuels producers and fuel marketers who are now working through how they can comply with the new law and maintain a profit.

Hear from leading experts and executives from the refining, ethanol and biodiesel industries at the 4th Annual OPIS Ethanol and Biodiesel Supply Summit, March 16-18, 2008 at the Washington, D.C. Renaissance Hotel

Oil Price Information Service has gathered top executives from the ethanol, biodiesel, refining and energy supply sectors to address key issues posed by the new Renewable Fuels Standard, including Alberto Guimaraes, President Petrobras America Inc.; Red Cavaney, President, American Petroleum Institute; officials from VeraSun, General Motors, Marathon Oil Corp., the Environmental Protection Agency, the Department of Energy, the Department of Transportation; and many more.

Some of the topics addressed at the 4th Annual OPIS Ethanol and Biodiesel Supply Summit include:

- The 36 billion gallon/year Renewable Fuels Standard - how will it be achieved?

- The "food vs. fuel" controversy and its impact on biofuels legislation.

- Ethanol supply and demand forecasts for two, five and 10 years ahead.

- Storage and transportation logistics - dealing with infrastructure hurdles and headaches.

- How compliance tracking numbers called RINs (Renewable Identification Numbers), are dramatically shifting market economics.

- How marketers are using ethanol and biodiesel tax and blending credits to their advantage, including growing sales of 85% ethanol motor fuels.

- Expansion markets for ethanol and biodiesel, particularly California and Florida

- Ethanol's import tariff and its impact on future price and supply.

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Germany may drop biofuel boost
Berlin (UPI) Feb 24, 2008
Germany may drop plans to double the amount of biofuels in gasoline after warnings that more than a million cars aren't biofuel compatible.

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