Fuel Oil News

Fuel Oil News July 2015

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FUELS EIA N E W S 10 JULY 2015 | FUEL OIL NEWS | www.fueloilnews.com RENEWABLE ENERGY GROUP STATEMENT ON EPA PROPOSED RENEWABLE FUEL VOLUMES Renewable Energy Group, Inc. President and CEO Daniel J. Oh issued the follow- ing statement after EPA's release of the proposed rule for Renewable Volume Obligations biomass-based diesel for 2014-2017 and overall advanced biofuels for 2014-2016: "We are positive about today's EPA announcement related to proposed bio- mass-based diesel volumes for 2014-2017 and overall advanced biofuels for 2014- 2016. This proposal reduces uncertainty and points towards continuing growth for the near future and beyond. We are very appreciative of our champions on Capitol Hill and within the administra- tion who worked tirelessly over the last several months to move RVO numbers upward to where they are now. It is com- plicated to manage policy and politics and we believe the numbers show that federal policy is heading in the right direction. This is a significant improvement over the original 1.28 billion gallon 2014 D4 proposal. Considering a potential 20% RIN carry-over, the proposed RVO sug- gests biomass-based diesel usage levels at over 2 billion gallons per year." "We believe this proposal leaves room to grow D4 (biomass-based die- sel category) and D5 (general advanced biofuel category) final RVOs as REG and our industry continue to deliver increas- ing amounts of high-quality, cleaner and lower carbon advanced biofuel. When the EPA and OMB next look towards mar- ket performance, they should have every reason to believe that the biomass-based diesel category will continue to grow and support ever greater usage throughout the country." BIODIESEL IS GETTING US WHERE WE NEED TO GO America's advanced biofuel, biodiesel, is an alternative energy success story. It's powering vehicles from coast to coast and replacing more than 1 billion gallons of petroleum every year. And to celebrate biodiesel's benefits that touch cities and towns, fields and farms, water and air, a new advertising campaign demonstrates how it is fueling America as a low-carbon, renewable energy source. "Biodiesel shows that forward-look- ing energy initiatives work to promote new ideas and innovation that deliver results," said Joe Jobe, National Biodiesel Board CEO. "We have a lot to be proud of and want to showcase to leaders in Washington and around the nation the environmental, economic, and energy benefits biodiesel brings right to their communities." The National Biodiesel Board unveiled the advertising campaign today. The 30 second commercial will air on national television networks, as well as on select local broadcast outlets and cable news programs throughout the summer. The digital campaign includes banner advertising and a 15 second version of the television commercial presented as a pre- roll to programming on news platforms and as openers to videos on YouTube. Radio and print focused on target areas will round out the comprehensive cam- paign, anchored by a re-launched website (www.americasadvancedbiofuel.com) that provides videos featuring how bio- diesel is making a difference in from coast to coast. Produced by Northern Virginia- based PCI, a leading provider of creative communications services for Fortune 500 corporations, national associations, and federal agencies, the campaign rec- ognizes biodiesel's role as an important transportation fuel - an advanced biofuel impacting people in every walk of life, throughout the country. The television ads focus on biodiesel in motion, fueling various vehicles in a wide range of settings across the nation. The online and radio ads echo the theme of biodiesel at work today from coast- to-coast. The print ads showcase several personal success stories with biodiesel. In addition to offering basic biodiesel infor- mation, the microsite dives in to feature unique stories in video form from bio- diesel users, suppliers and distributors. It lets them tell their unique biodiesel story and shows biodiesel is an effective, renew- able alternative. Though the ad campaign is solely focused on providing information about biodiesel, it complements NBB's exten- sive efforts to support biodiesel growth through the Renewable Fuel Standard. A f t e r y e a r s o f d e l a y s , t h e E P A h a s announced it will propose new RFS vol- umes by June 1. Funding for the campaign is pro- vided by the United Soybean Board, State Soybean Checkoff Boards, U.S. Canola Association, and the National Biodiesel Board. SCULLY OFFERS NOZZLE TRADE-IN PROGRAM It's been a tough winter, and oil deliv- ery trucks and equipment have taken a beating. This time of year is a great time to replace and upgrade worn-out equip- ment. To reward customer loyalty and celebrate 80 years serving the oil indus- try, Scully Signal Company is offering a Nozzle Trade-in Program. Through July 15, trade in any existing complete Scully or competitive nozzle for a special dis- count off of a new Scully delivery nozzle. For more details, contact your local Scully authorized repair shop, sales@scully.com, or go to the Scully website at www.scully. com. NUSTAR AND CHS TO EXPAND PIPELINE AND TERMINAL INFRASTRUCTURE IN UPPER MIDWEST U.S. N u S t a r E n e r g y L . P . a n d C H S I n c . announced today that the companies are pursuing a strategic alliance to develop

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