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World Biofuels
Symposium
November 13-15, 2005
Beijing, China
2nd Annual Canadian Renewable Fuels Summit
December 13-15, 2005
Toronto, Ontario, Canada
Hosted by:
Candadian Renewable Fuels
Association
National Biodiesel
Conference & Expo 2006
February 5-8, 2006
San Diego, California
Organizer:
National Biodiesel Board
11th Annual
National Ethanol Conference: "Policy & Marketing"
February 20-22, 2006
Las Vegas, Nevada, USA
Sponsored by:
Renewable Fuels Association
22nd
Annual International Fuel Ethanol Workshop & Expo
June 20-23, 2006
Milwaukee, Wisconsin, USA
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Posted on
May 21, 2001Topics: 1) Bush may reject Calif. fuel plea - Iowa governor 2) Gasoline Prices to Fall by July 4 as Refiners Boost Production Bush may reject Calif. fuel plea - Iowa governor
President George W. Bush signalled during a visit to Iowa on Thursday that his administration may turn down a request from state of California for an exemption from rules requiring it to use certain additives in fuel, Iowa Governor Tom Vilsack said.
Vilsack, a Democrat and a strong supporter of using ethanol made from Iowa corn as a fuel additive, met privately with Republican Bush and his Environmental Protection Agency Administrator Christie Todd Whitman during a presidential visit to Nevada, Iowa to promote his energy plan.
Vilsack, speaking to reporters late Thursday, said he raised the issue of California's request in his meeting with Bush and Whitman. He quoted Whitman as responding: "You will not be disappointed and upset with us once this all works out."
Gasoline Prices to Fall by July 4 as Refiners Boost Production
Gasoline futures already may have touched their highs for the year, as surging production by the nation's refineries bolstered inventories in time for motorists to fill their tanks for the May 25-28 Memorial Day holiday.
Things were different just a few weeks ago. Prices on the New York Mercantile Exchange surged to $1.163 a gallon on April 30, a record in the contract's 17-year history, as U.S. supplies stayed below year-earlier levels and refiners were recovering from their lowest production rates in a year.
``Gasoline supplies could easily continue to grow through the summer,'' said Tim Evans, senior energy analyst at IFR Pegasus in New York. ``We rallied last month on refinery outages and in the end, we still built stocks.''
By the July 4th holiday, gasoline futures will probably fall to 95 cents a gallon on the Nymex, according to a Bloomberg survey of 13 analysts and traders. Gasoline today traded at $1.069.
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