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The 5 Countries That Could Push Oil Prices Up

Green Car Congress

Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. An unexpected disruption could occur at any moment, as has happened in the past, leading to a sudden and sharp jump in prices. by Nick Cunningham for Oilprice.com.

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EIA: China processed record amounts of crude oil in 2021 but exported less gasoline and diesel

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China’s crude oil processing has also declined because relatively high crude oil prices are making importing crude oil more expensive. They were not granted a second batch of export quotas until August, and those quotas were relatively low.

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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

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The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil. by Brian J.

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Researchers show mixotrophic fermentation process improves carbon conversion, boosting yields and reducing CO2

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The production costs for most chemicals via microbial fermentation are currently high compared to oil-derived products primarily because of operating costs associated with feedstock and feedstock processing. One way to mitigate high feedstock cost is to maximize conversion into the bioproduct of interest. Jones, Alan G. Fast, Ellinor D.

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Researchers Sequence Genome of Sugarcane Ethanol Yeast; Potential for Cellulosic Ethanol

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When oil prices rose to new highs in the 1970s, Brazil invested in ethanol created from the its sugar cane crops. The study was funded by two grants from the National Institutes of Health, a BRASKEM/FAPESP grant, and support from ETH Bioenergia, a Brazilian company that produces ethanol and sugar from sugar cane.

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ICCT suggests minor changes to Fed tax policy to cut higher investment risk of 2nd-gen biofuels and advance the industry

Green Car Congress

In addition, the industry faces barriers from the impending “blend wall” of 10% ethanol in gasoline and uncertainty regarding policies and oil prices. Environmental Protection Agency drastically lowering the amount of cellulosic biofuel that must be blended into gasoline and diesel each year.

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RedRock Biofuels to supply 3M gallons/year of renewable jet fuel to FedEx through 2024

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Red Rock’s first refinery, funded in part by a $70-million Title III DPA grant from the U.S. FedEx joins Southwest Airlines, which signed a purchase agreement with RedRock in November 2014 for about 3 million gallons per year, in purchasing Red Rock’s total planned available volume of jet fuel. Earlier post.).

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