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Low oil prices mean greater competition for Nebraska farmers - KETV Omaha

January 23, 2015


Jan. 23, 2015 - by Dave Roberts

OMAHA, Neb. —For many visiting the Midlands Auto Show this year, fuel efficiency is taking a back seat to luxury and comfort.

The cost to fill a gas tank may be less of a financial burden, but low oil prices mean greater competition for the ethanol industry and Nebraska farmers.

“Overall, the ethanol industry has to make an adjustment as well,” said Todd Becker, president and chief executive officer of Omaha-based Green Plains.

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Sheetz Announces E15 Availability Coming Soon - Growth Energy

January 20, 2015


Article by Growth Energy - Jan. 20, 2015

WASHINGTON, DC — In response to the announcement today by Sheetz, a leading convenience store and fuel retailer located throughout Pennsylvania, West Virginia, Maryland, Virginia, Ohio and North Carolina, that they will begin to offer E15 in North Carolina starting this year, Tom Buis, CEO of Growth Energy, issued the following statement:

“On behalf of Growth Energy and all of its members, I would like to extend my sincere congratulations to Sheetz on their recent announcement that they will begin offering E15 at 60 stations throughout North Carolina this year. Sheetz is a well-known leader in the fuel retail business and their decision to offer E15 shows they are in tune with an ever changing marketplace where consumers are demanding higher performance, lower cost renewable fuels grown right here at home."

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U.S. ethanol makers at record rate despite rare gasoline premium

December 5, 2014


Article by Michael Hirtzer - Dec. 2, 2014

Dec 2 (Reuters) - U.S. ethanol production is likely to continue at a record rate despite its rare premium to gasoline as cheap corn, high biofuel prices and even cool weather provide ideal conditions and strong profit margins.

"There's no sign that says we should slow production. The mentality is that everyone is running," said Todd Becker, chief executive of Green Plains Inc, the fourth-largest U.S. ethanol producer behind Archer Daniels Midland Co, POET LLC and Valero Energy Corp.

"The industry runs much better in the cold than the heat because we don't have to cool the plants down. This is the plants' sweet spot," Becker said.

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Ethanol maker Green Plains says rail transport not keeping up as more embrace E15 - Omaha World Herald

October 31, 2014


Article by Russell Hubbard - Oct. 30, 2014

Green Plains Inc., whose shares have climbed 80 percent this year, told investors Wednesday that higher blends of ethanol are making it into the nation’s gas supply but that congested rail networks make it hard to get it out there.

“The last couple of weeks or so, we are seeing a significant degradation of service on several carriers,” Green Plains Chief Executive Todd Becker said on a conference call, discussing rail service and third-quarter earnings.

At the same time, gasoline blended to form a fuel that is 15 percent ethanol, called E15, is growing in popularity, Becker said.

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