Ethanol in High Demand in North Dakota - KXNet.com - Bismarck/Minot/Williston/Dickinson-KXNEWS,ND

Ethanol in High Demand in North Dakota

Posted:

It's a product that's become popular at the pump.
Ethanol has become big business across North Dakota, which is now the home to 4 ethanol plants, and a future one being built.

You would think that a corn price that's now roughly half of what it was this fall, would create big profits in the Ethanol industry.
But, according to Jeff Zueger at Blue Flint Ethanol in Underwood, that's not the case.
(Jeff Zueger / Blue Flint Ethanol) "Profitability isn't so much about corn pricing, more so supply and demand. So we need to have strong market demand for our products. And the spread between gasoline and ethanol. We have had as strong relationship of lower prices ethanol compared to gasoline.
Blue Flint Ethanol produces 65 million gallons of ethanol a year.
That's 190-thousand gallons a day.
It takes roughly 23 million bushels of corn a year to make all that product.
Zueger says the hardest part is getting that corn here.
He says it's tough to compete with the oil industry for trains.
(Jeff Zueger / Blue Flint Ethanol) "One of the other things that has really set profitably the last six months of so is the availability of corn. As we transition from last year's corn crop which was really a challenge corn crop. Those who had readily access to corn had more opportunity to be profitable. Now that we have a strong production year and a great harvest throughout the United States, we are going to have a lot more corn carry out this next year."
(Sarah Gustin / sgustin@kxnet.com) "One product that's helped increase ethanol demand is a blend that was released this fall, E-15."
(Jeff Zueger / Blue Flint Ethanol) "Month after month we are seeing increased demand for the product. It's 20 cents cheaper per gallon that gasoline and that's really driving consumer choice. It takes time to move a new product in the market."
Currently, E-15 is only available at Petro Serve Pumps in West Fargo, Fargo and Bismarck.
Zueger says he excited for the product to become available at more pumps across the state.

Zueger says one threat to the ethanol industry is the EPA is proposing lowering the volume required in the Renewable Fuels Standard.
The EPA is taking public comment until January 28th.
Zueger encourages you to contact our representatives in D.C. as well as the EPA to make sure there is a choice at the pump.

 

  • Bismarck/Mandan NewsMore>>

  • Boy Scouts Clean Construction Sites for Community Service

    Boy Scouts Clean Construction Sites for Community Service

    Friday, April 18 2014 8:21 PM EDT2014-04-19 00:21:26 GMT
    Boy Scouts know when they sign up they'll be doing some community service. So, when a couple of crews signed up to collect trash at some local construction sites, it was expected. What they didn't expect,
    Ethan Porter and Scout crews 123 from Bismarck and 54 from Mandan brought about 30 people to clean up garbage near some construction sites.
  • Killdeer Residents Speak About Oil Boom Effects

    Killdeer Residents Speak About Oil Boom Effects

    Friday, April 18 2014 7:08 PM EDT2014-04-18 23:08:27 GMT
    A day after the Dyad shutdown, Killdeer residents share the impact of the oil boom on their community. The oil business brings all types to this once quiet town. Everything is affected... from restaurants
    A day after the Dyad shutdown, Killdeer residents share the impact of the oil boom on their community. The oil business brings all types to this once quiet town. Everything is affected... from restaurants
  • Dyad Environmental Statement on Health Dept. Order

    Dyad Environmental Statement on Health Dept. Order

    Friday, April 18 2014 6:44 PM EDT2014-04-18 22:44:51 GMT
    "Dyad Environmental is a new company, who began processing TENORM less than 30 days after posting a $1.25M bond, and spending two years obtaining appropriate permits and licenses.
    "Dyad Environmental is a new company, who began processing TENORM less than 30 days after posting a $1.25M bond, and spending two years obtaining appropriate permits and licenses.
  • AgricultureMore>>

  • Money Awarded for More Grape Wines in ND

    Money Awarded for More Grape Wines in ND

    Friday, April 18 2014 11:10 AM EDT2014-04-18 15:10:16 GMT
    Whether you like it sweet or dry...More local wines could soon be hitting the shelves. 80-thousand dollars in research grants have been awarded to support and promote the state's grape and wine industry. These
    Whether you like it sweet or dry...More local wines could soon be hitting the shelves. 80-thousand dollars in research grants have been awarded to support and promote the state's grape and wine industry. These
  • Net Farm Incomes

    Net Farm Incomes

    Monday, April 14 2014 11:48 AM EDT2014-04-14 15:48:37 GMT
    2012 was a banner year for farmers. Wheat reached 20 dollars a bushel. Corn more than 7 dollars a bushel. 2013 wasn't as glorious. Ag Reporter Sarah Gustin explains. The numbers are in.. After tallying
    2012 was a banner year for farmers. Wheat reached 20 dollars a bushel. Corn more than 7 dollars a bushel. 2013 wasn't as glorious. Ag Reporter Sarah Gustin explains. The numbers are in.. After tallying
  • Land Enhancement Grants

    Land Enhancement Grants

Quick Clicks
Closings/Delays
View list
Calendar
What's happening?
Lottery Results
Feeling lucky?
Viewer Photos
Submit yours!
Road Report
Current conditions
TV Listings
See what's on
Gas Prices
Check near you
E-Mail Newsletter
Signup now

Most Popular

Stories
Videos
loading...
Powered by WorldNow
General information or questions:
kxinfo@kxnet.com

News:
Bismarck:
Phone: 701-223-9197
News Fax: 701-223-1985

News:
Minot:
Phone: 701-852-2104
News Fax: 701-838-1050
All content © Copyright 2000 - 2014 WorldNow and KXNET. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.