Insights and Stories of Stephanie Kelly

Oct. 10, 2019 at 4:08 pm CDT

New York | Reuters — Diesel prices in the U.S. Midwest have sunk to a three-year seasonal low as farmers in the region face adverse weather conditions, further complicating an already delayed harvest season, traders and farmers said. Diesel demand typically rises during harvest season because farming equipment and trucks […]

By Stephanie Kelly

Oct. 4, 2019 at 7:00 pm CDT

Washington/New York | Reuters — The Trump administration on Friday unveiled a plan to boost U.S. biofuels consumption starting next year to help struggling farmers, a move that cheered the agriculture industry but triggered a backlash from Big Oil. The plan would require an unspecified increase in the amount of […]

By Humeyra Pamuk, Stephanie Kelly

Sep. 16, 2019 at 7:27 pm CDT

New York | Reuters — U.S. President Donald Trump has tentatively approved a plan to increase the amount of biofuels that oil refiners are required to blend each year to compensate for exemptions handed out to small refiners by the Environmental Protection Agency, two sources familiar with the matter said. […]

By Jarrett Renshaw, Stephanie Kelly

Aug. 29, 2019 at 6:44 pm CDT

Washington/South Sioux City | Reuters — President Donald Trump said on Thursday his administration is planning a “giant package” related to ethanol that would please U.S. farmers angry that many more oil refiners have been freed from obligations to use the corn-based fuel. Clashes between farmers and the oil industry […]

By David Alexander, Humeyra Pamuk, Stephanie Kelly

Jul. 29, 2019 at 12:14 pm CDT

New York | Reuters – The U.S. ethanol industry is about to break under the weight of the Trump Administration’s trade war with China and the surge in the number of small refineries exempted from the nation’s biofuel laws, said Todd Becker, CEO of Green Plains. The U.S. ethanol industry […]

By Jarrett Renshaw, Stephanie Kelly