Energy
Jul 31

U.S. Court Decision May Boost Biofuels, Hit Refiners

NEW YORK, July 28 (Reuters) – The U.S. government may have to require more biofuels to be blended into the country’s fuel supply after a court ruled on Friday that the mandates must be reconsidered, a decision that boosted renewable fuel credits to seven-month highs on financial markets. The decision sank stock prices of independent ...
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Energy
Jul 6

U.S. Proposes Cutting Total Biofuels Requirements in 2018

By Chris Prentice, Jarrett Renshaw and David Shepardson NEW YORK, July 5 (Reuters) – The U.S. government on Wednesday proposed to reduce the volume of biofuel required to be used in gasoline and diesel fuel next year as it signaled the first step toward a potential broader overhaul of its biofuels program. The U.S. Environmental ...
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Energy
Jun 26

Analyst: Lock In Energy Prices

Energy prices have been declining since peaking in December, with August crude oil futures peaking near $57 and now trading under $44 per barrel. This decline of $13 (or near 23%) suggests that longer-term opportunities to lock in fuel and energy needs is becoming increasingly important. Over the last five years, the energy market has ...
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