Tag Archives | oil prices

Has the Ethanol Boom Run Out of Gas?

VeraSun files for bankruptcy! News Flash: VeraSun, one of the largest ethanol producers announces filing for bankruptcy protection. From the Los Angles Times: VeraSun Energy Corp., the second-largest U.S. ethanol producer, filed for bankruptcy protection after making bad hedging bets on corn, a raw material used to make the fuel. The petition for Chapter 11 […]

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The Impossible Dream? 50% Cellulosic Ethanol

Picture Credit: Anemergencystop Is the U.S. Falling behind on Meeting its 2022 Goal of 50% Mandated Cellulose Ethanol (biofuels)? The government has ordered (mandated) that 36 billion gallons of biofuel be blended into the fuel supply by 2022. Of that, 16 billion must be cellulosic ethanol. No more than 15 billion can be corn ethanol, […]

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To Drill or Not To Drill? USA Oil Dilemma

(Map for drilling in Alaska) Experts are now saying that gasoline prices might be $3.50 per gallon by Labor Day. From FT.com: Oil prices continued their correction this week as the debate about the influence of speculators in energy markets reached a new pitch. The US Senate yesterday failed to agree on proposals to limit […]

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