Faced with skyrocketing crude oil and petroleum product prices, the U.S. has adopted its most aggressive plan yet for the increased use of ethanol and biodiesel. The job of implementing these new federal blending targets falls to refiners, importers, biofuels producers and fuel marketers who are now working through how they can comply with the new law and maintain a profit.
Hear from leading experts and executives from the refining, ethanol and biodiesel industries at the 4th Annual OPIS Ethanol & Biodiesel Supply Summit, March 16-18, 2008 at the Washington, D.C. Renaissance Hotel [http://www.opisnet.com/biosupply/].
Oil Price Information Service (OPIS: http://www.opisnet.com/) has gathered top executives from the ethanol, biodiesel, refining and energy supply sectors to address key issues posed by the new Renewable Fuels Standard, including Alberto Guimaraes, President Petrobras America Inc.; Red Cavaney, President, American Petroleum Institute; officials from VeraSun, General Motors, Marathon Oil Corp., the Environmental Protection Agency, the Department of Energy, the Department of Transportation; and many more.
Some of the topics addressed at the 4th Annual OPIS Ethanol & Biodiesel Supply Summit include:
* The 36 billion gallon/year Renewable Fuels Standard – how will it be achieved?
* The “food vs. fuel” controversy and its impact on biofuels legislation.
* Ethanol supply and demand forecasts for two, five and 10 years ahead.
* Storage and transportation logistics – dealing with infrastructure hurdles and headaches.
* How compliance tracking numbers called RINs (Renewable Identification Numbers), are dramatically shifting market economics.
* How marketers are using ethanol and biodiesel tax and blending credits to their advantage, including growing sales of 85% ethanol motor fuels.
* Expansion markets for ethanol and biodiesel, particularly California and Florida
* Ethanol’s import tariff and its impact on future price and supply.
* and much more.
About OPIS: OPIS [http://www.opisnet.com/], a UCG company based in Rockville, Md., is the most widely accepted U.S. fuel price benchmark for supply contracts and competitive positioning. OPIS thoroughly covers pricing, analysis and news for gasoline, diesel, ethanol, biodiesel, LP-gas, jet fuel, crude, propane, feedstocks, resid, and kerosene. Through its subsidiary, Axxis Software, it also provides leading-edge software solutions for petroleum marketers looking to automate price collection, data storage and repricing of dealer and commercial accounts