The OilSpot News by DTN
Monday, April 27, 2009 VOLUME 7 ISSUE 349  



DOT says Vehicle Mileage in February Slip 0.9% from Year Prior
ConocoPhillips Q1 Earnings Down 80% on Year with Drop in Oil
TEPPCO, Enterprise Exit Texas Offshore Oil Port, Pipeline Partnership
The Pantry’s Chairman, CEO Sodini to Retire Sept. 30
AE Biofuels, Pearson Sign Agreement on Ethanol Supply
Private Equity Raises $9 Billion to Invest in Energy Portfolios


US Retail Gasoline Average Inches Up 0.8cts to $2.059 Gal
On-Highway US Diesel Average DN 0.8cts to $2.221 Gal
US Propane Stockpiles Up 600,000 Bbl Week-ended April 17


California Adopts Controversial Low Carbon Standards Regulation
Action on Iowa Biodiesel Mandate Delayed to January 2010
Idaho House Votes Down Senate Amendments to Gas Tax Bill
Costco Agrees to Install Temperature Regulating Pumps
ULI: Gas Taxes Must Increase to Improve US Infrastructure
House Bill to Limit Gasoline Imports to Iran Introduced
EPA to OK moving Detroit-Ann Arbor Region Out of RFG Zone


Economic Indicators


Weekly Rack Postings

Wholesalers want to Blend In
Tennessee Bill Requires Suppliers to Provide Unblended Fuel

Tennessee State Capitol in Nashville

The Tennessee General Assembly is working through a bill that would require refiners and major product suppliers to provide unblended gasoline and diesel fuel to the state in order for wholesalers in Tennessee to blend ethanol and biodiesel into the fuel, officials said.

The bill, sponsored in the state Senate by Sen. Jamie Woodson, the speaker pro tempore, passed April 16 with one dissenting vote, and is now working its way through the state House of Representatives.

The House Commerce Committee considers the measure this week with the bill now expected to be enacted into law by the end of May, said Lee Harrell, an aide to Woodson.


[FULL STORY]
 

Oregon Looks to Ease RFS
Bill would Loosen 10% Ethanol Requirement while Mandating Biodiesel

Oregon legislators are attempting to make changes to a law passed two years ago that mandated ethanol in the state in a way that will allow the sale of premium gasoline without an ethanol blend, while also mandating biodiesel.

In 2007, Oregon passed a Renewable Fuel Standard that mandated blending 10 percent of ethanol into all gasoline sold in the state. The law didn’t allow for any exceptions, with the state ushering in the mandate in three phases in 2008 on Jan. 15, April 15, and Sept. 16. The 10 percent mandate took effect in the city of Portland, which had been blending ethanol during the winter months for years under the Environmental Protection Agency’s State Winter Oxygenated Fuel Program, on Nov. 1, 2007.

However, opponents of ethanol have been trying hard to repeal the law. In recent months, local politicians allied with the ethanol opponents have mounted efforts to reign-in on the state’s RFS program though the legislature.


[FULL STORY]
 



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