Oil and Gas Ethanol

  • wisconsin-corn-farm2-200.jpg

    Following record droughts across the United States the benefits of the ethanol subsidy were once again hotly debated and biofuels in general found themselves generating quite a few unflattering headlines.

  • An underdeveloped ear of corn lays amongst corn plants damaged by extreme heat and drought conditions in a field in Carmi, Illinois.

    The latest numbers from the USDA firm up the outlook for this year's corn crop, and the final numbers may not be as bad as some feared.

  • ethanol_corn_gas_can_200.jpg

    Calls are growing to suspend the federal ethanol production mandate next year, as the worst drought in more than half a century has devastated the corn crop in the U.S. The question is whether a waiver of the Renewable Fuel Standard will actually bring down sky-high corn prices.

  • Crop Failure due to Drought

    The extreme heat wilting crop harvests across the U.S. is exerting a “big” toll on input prices, the chief executive of Sunny Delight told CNBC Wednesday, issuing a call for the government to suspend mandates that divert corn into biofuels.

  • ethanol_corn_gas_can_200.jpg

    As a result of a Congressional mandate passed in 2005 and expanded in 2007, over 40 percent of this year’s greatly depleted corn crop will be diverted from food and livestock, and instead be sold at the gas pump. We are trading our precious, fertile acres of farmland for a small dent in our oil usage. We are prioritizing our goal to reduce oil dependence over providing food to people.

  • ethanol_corn_gas_can_200.jpg

    Green Plains Renewable Energy CEO Todd Becker talks about the challenges facing the ethanol industry.

  • The chief executives of the Big Three auto makers told President Bush they will work with the administration to cut oil consumption by 20% over the next ten years, CNBC's Scott Cohn reported.

  • ** RETRANSMISSION FOR POINTS NEEDING ** A handful of corn is shown before it is processed at the Tall Corn Ethanol plant, Wednesday, May 24, 2006, in Coon Rapids, Iowa. Ethanol production in the United States is growing so rapidly that for the first time, farmers expect to sell as much corn this year to ethanol plants as they sell overseas. Inside the ethanol plant, corn is ground and mixed with water to make mash. It is heated and mixed with enzymes to convert starch into sugar and fermented wi

    John Quealy, vice president and energy technology analyst at Canaccord Adams, told CNBC’s “Power Lunch” that the immediate outlook for corn-based ethanol stocks is weak. “We think the risk/reward for corn ethanol is relatively flat given where food prices are right now per bushel as well as ethanol prices per gallon," he said.

  • green_ceo_200.jpg

    Chief Execs of the Big Three automakers headed to the White House today to discuss the latest advances in alternative fuel technology with President Bush. Their focus: Bush’s support for alternative fuel vehicles and his plan to cut gas consumption by 20% in ten years.

  • Biofuels are fine -- but people still have to eat. Two analysts joined "Morning Call" to discuss investing in commodities through traditional as well as trendy strategies.

  • They both get up at the crack of dawn but what else do farmers and hedge fund managers have in common? Well, they'll both be closely watching the USDA crop report tomorrow, which will tell how many acres of corn and soybeans farmers expect to plant this season. Considering corn prices have soared 77% in the last year, how can you make money in the “farmer’s market?”

  • ** APN ADVANCE FOR SUNDAY SEPT. 17 **  Wind turbines are seen in Dronten, the Netherlands, July 27, 2006. The Dutch have used windmills for centuries to pump water out of their low-lying country, and old-fashioned wooden mills are closely linked with their international image. But in the face of a large and growing lobby against the windmill's modern electricity-generating counterpart, the wind turbine, the country has now started moving them offshore and out of sight. (AP Photo/ Peter Dejong)

    Watch the sunrise for 10 years -- and you just might make a fortune. So says Tim Guinness, manager of the Guinness Atkinson Global Energy Fund -- and as of a year ago, manager of the firm's new Alternative Energy Fund.

  • See what analysts had to say today about the market on CNBC.

  • Cramer’s new book, Mad Money: Watch TV, Get Rich, was written for one reason: to layout 20 important rules that help individual investors beat the big institutional money managers on the Street. Tonight, we highlight five just for you.

  • Green_Invests_Here_badge2_small.jpg

    Sen. John Thune told CNBC’s “Squawk Box” that expansion of cellulosic ethanol will ease dependence on corn-based ethanol and help lessen the nation’s dependence on foreign oil, especially from the Middle East.“We’ve gotten very good at corn-based ethanol and it’s been a very successful story here in South Dakota and across the Midwest,” Thune, a South Dakota Republican, said Wednesday. “Cellulosic ethanol should expand dramatically the number of states that can participate in producing renewable energy.”

  • Corn may get all the press, but "the other ethanol" -- sugar -- is just one of the alternatives recommended by Jim Bower and Jeanette Young. The two traders joined "Power Lunch" to tout the "soft commodities" they favor. Young, an independent orange trader at the New York Board of Trade, "particularly" likes coffee. She told CNBC's Sue Herera that she is "thinking about" the approaching South American winter; as long as coffee doesn't drop below $108.30, she'll be bullish.

  • Tyson

    Timothy Ramey, senior research analyst at D.A. Davidson & Co., told CNBC’s “Squawk on the Street” that the Tyson Foods-ConocoPhillips deal to produce biodiesel from animal fat will plump Tyson’s bottom line.

  • Brazilian President Luiz Inacio Lula da Silva, the leader of the continent's largest economy who has moved closer to U.S. President George W. Bush over ethanol output, swiped at Hugo Chavez, rejecting his fellow leftist's criticism of their plan.

  • Take a visit to BioTown, USA, find out what toymaker Mattel is doing and hear why Corporate America is going green for the wrong reasons.

  • A new study says that ethanol may do more harm than good. On “Morning Call,” the study’s author, Mark Jacobson, associate professor of civil and environmental engineering at Stanford University, joined Brooke Coleman, director of the Renewable Energy Action Project, to debate whether ethanol could be more harmful to your health and to the planet than gasoline.