I am the SkunKhunter. I hunt down SkunK stocks. Those are stocks that have been beat down past any reasonable justification. I try to ride the stock up as market forces eventually right the ship of PPS. A SkunK is not a herd animal. He is a scavenger who knows that arriving before the herd means big profits and clean shoes. This is the journey of the GreenShift Corporation. Updated weekly between COB Friday and Sunday evening. (Disclaimers on Bottom of Site)
Wednesday, October 10, 2012
Trash into Treasure
Corn Oil to biodiesel mentioned on FOX news. See Here
NEW YORK (DTN) -- The California Advanced Energy Coalition on Wednesday proposed immediate action by the California Air Resources Board, asking CARB to adjust its fuel regulations to accommodate increased amounts of low-cost, clean-burning fuels on the market.
In a news release, the group said implementing a recent ruling by the U.S. Environmental Protection Agency allowing ethanol-blended gasoline at the ratio of 15%, or E15, into the market place, CARB could reduce California gasoline prices immediately, as wholesale ethanol is selling at more than $1.00 gallon below the price of gasoline.
An emergency update of the CARB compliance model to include levels of ethanol up to 15% would mitigate the need for such waivers in the future, while increasing the supply of the lowest-cost fuel in the market, and enhancing California's air quality, the group said.
In spite of the EPA's approval for E15 nationwide in all vehicles built since 2001, as well as California LCFS approved regulation that anticipates more than 25% ethanol fuel supply, current California gasoline regulations cap ethanol blending at 10%.
According to the EPA and Department of Energy, E15 gasoline has been the most tested fuel in history. Before approving E15, the DOE conducted six years of testing at a cost in excess $42 million, operating engines for a distance equal to six trips to the moon. Since the EPA ruling, both Ford and GM have included E15 as an approved fuel for use in all new cars.
"We believe with focus and urgency, dictated by chronically high gasoline prices, California's regulations should be immediately amended to allow for increased ethanol, in a manner that enhances air quality and lowers gasoline prices," said Eric McAfee, chairman and CEO of Aemetis, Inc., an advanced biofuel producer in Cupertino, Calif. "We fully support California's LCFS and the policy of increasing the supply of low-cost, low-carbon fuels into the marketplace. The testing data has been done. What is now needed is to add the EPA's new data to California's compliance model, which is a statistical task."
When at full capacity, California biofuels plants produce about 200 million gallons of lower-carbon ethanol. However, the current ceiling of ethanol blending at 10% effectively mandates 90% petroleum use in California, which has contributed to the state's biofuels plants operating well below capacity in spite of producing a low-carbon fuel that can immediately reduce gas prices.
"Clearly, gasoline regulations need to be updated with the LCFS state policy of adding new fuels into the market," said Neil Koehler, CEO of Pacific Ethanol, based in Sacramento, Calif.
He added, "Ethanol is the most readily available alternative to gasoline, and is significantly cheaper than the gasoline components it replaces. The Brown administration should do everything possible to quickly increase the supply of this proven low carbon fuel, and align California's regulations with the EPA. We believe that ethanol can continue to be a key compliance fuel if allowed into the market at levels above 10%."
A recent study by Ford Motor Co. showed the need for a 30% ethanol blend in gasoline in order to meet future fuel economy and clean air requirements in high-efficiency engines. Ethanol contains about 11% octane and 30% oxygen, which allows refiners to use lower-cost petroleum while still meeting strict federal and California air quality and performance requirements.
"Why should California drivers pay more than $1.00 per gallon above the cost of a readily available, renewable, clean fuel produced in California?" asked Lyle Schlyer, CEO of Calgren Renewables, based in Pixley, Calif.
Calgren's ownership group includes California fuel blenders.
On Sunday, Gov. Jerry Brown approved a waiver requested by the California Independent Oil Marketers Association to allow the production and sale of offseason gasoline in California due to recent shortages and rising prices.
Nobody talking to himself over on ihub. No one wants to play his little game of "say something so I can cut you down, berate you and tell you how stupid you are".
When REGI, PEIX, REX or any of the myriad of proposed clients for GERS actually signs a license with GERS, please let us know.
ReplyDeleteCalgren/PEIX: Allow E15 To Reduce Gas Prices
ReplyDeleteNEW YORK (DTN) -- The California Advanced Energy Coalition on Wednesday proposed immediate action by the California Air Resources Board, asking CARB to adjust its fuel regulations to accommodate increased amounts of low-cost, clean-burning fuels on the market.
In a news release, the group said implementing a recent ruling by the U.S. Environmental Protection Agency allowing ethanol-blended gasoline at the ratio of 15%, or E15, into the market place, CARB could reduce California gasoline prices immediately, as wholesale ethanol is selling at more than $1.00 gallon below the price of gasoline.
An emergency update of the CARB compliance model to include levels of ethanol up to 15% would mitigate the need for such waivers in the future, while increasing the supply of the lowest-cost fuel in the market, and enhancing California's air quality, the group said.
In spite of the EPA's approval for E15 nationwide in all vehicles built since 2001, as well as California LCFS approved regulation that anticipates more than 25% ethanol fuel supply, current California gasoline regulations cap ethanol blending at 10%.
According to the EPA and Department of Energy, E15 gasoline has been the most tested fuel in history. Before approving E15, the DOE conducted six years of testing at a cost in excess $42 million, operating engines for a distance equal to six trips to the moon. Since the EPA ruling, both Ford and GM have included E15 as an approved fuel for use in all new cars.
"We believe with focus and urgency, dictated by chronically high gasoline prices, California's regulations should be immediately amended to allow for increased ethanol, in a manner that enhances air quality and lowers gasoline prices," said Eric McAfee, chairman and CEO of Aemetis, Inc., an advanced biofuel producer in Cupertino, Calif. "We fully support California's LCFS and the policy of increasing the supply of low-cost, low-carbon fuels into the marketplace. The testing data has been done. What is now needed is to add the EPA's new data to California's compliance model, which is a statistical task."
When at full capacity, California biofuels plants produce about 200 million gallons of lower-carbon ethanol. However, the current ceiling of ethanol blending at 10% effectively mandates 90% petroleum use in California, which has contributed to the state's biofuels plants operating well below capacity in spite of producing a low-carbon fuel that can immediately reduce gas prices.
ReplyDelete"Clearly, gasoline regulations need to be updated with the LCFS state policy of adding new fuels into the market," said Neil Koehler, CEO of Pacific Ethanol, based in Sacramento, Calif.
He added, "Ethanol is the most readily available alternative to gasoline, and is significantly cheaper than the gasoline components it replaces. The Brown administration should do everything possible to quickly increase the supply of this proven low carbon fuel, and align California's regulations with the EPA. We believe that ethanol can continue to be a key compliance fuel if allowed into the market at levels above 10%."
A recent study by Ford Motor Co. showed the need for a 30% ethanol blend in gasoline in order to meet future fuel economy and clean air requirements in high-efficiency engines. Ethanol contains about 11% octane and 30% oxygen, which allows refiners to use lower-cost petroleum while still meeting strict federal and California air quality and performance requirements.
"Why should California drivers pay more than $1.00 per gallon above the cost of a readily available, renewable, clean fuel produced in California?" asked Lyle Schlyer, CEO of Calgren Renewables, based in Pixley, Calif.
Calgren's ownership group includes California fuel blenders.
On Sunday, Gov. Jerry Brown approved a waiver requested by the California Independent Oil Marketers Association to allow the production and sale of offseason gasoline in California due to recent shortages and rising prices.
http://www.dtnprogressivefarmer.com/dtnag/common/link.do?symbolicName=/free/news/template1&product=/ag/news/renewablefuels/news&vendorReference=0702BAC8&paneContentId=35&paneParentId=0&pagination_num=1
Good Luck To All!$!$!$!$!$!$
Fill me up before you gogo,
ReplyDeletenever I will let you gogo.
Thanks Slash
ReplyDeletePE 6
ReplyDeleteNobody talking to himself over on ihub. No one wants to play his little game of "say something so I can cut you down, berate you and tell you how stupid you are".
ReplyDelete