The Bakken Magazine reports “Crude produced from tight shale formations generates greenhouse gas emissions similar to conventional oil production methods, according to two scientific studies released by the U.S. Department of Energy’s (DOE) Argonne National Laboratory.” Read the article here.
News
Gevo, Inc. has announced that following the recent completion of successful compatibility tests, the company will collaborate with ValvTect, a leading supplier of marine fuel additives, in bringing renewable isobutanol fuel blends to ValvTect branded marinas. Read the NASDAQ press release here.
Neste, the leading producer of renewable diesel and Boeing, the world’s largest aircraft manufacturer will work together to promote and accelerate the commercialization of renewable aviation fuel. The companies will work toward American Society for Testing and Materials (ASTM) fuel standard approval allowing the commercial use of high freezing point renewable aviation fuel by airlines.
Earlier this year, the Obama administration and EPA proposed reducing the amount of ethanol that’s mandated from 22.25 billion gallons in 2016 to 17.4 billion gallons. The proposal is expected to be finalized Nov. 30. This is an interesting Watchdog.org article summarizing the current debate over the benefits and costs of the Renewable Fuel Program.
On Friday, the U.S. Environmental Protection Agency (EPA) sent its final rule establishing renewable volume obligations (RVOs) for 2014-2016 to the Office of Management and Budget (OMB). OMB review and approval is generally the last step in the regulatory process before a regulation is published—and the final regulation is anticipated within the month. Read the