American Oil and Gas Reporter - January 2016 - 20

IndustryDigest
requires EPA to set annual requirements
for four biofuel categories. EPA says its
final 2014 and 2015 standards reflect
the actual amount of domestic biofuel
used in those years, and standards for
2016 (and 2017 for biodiesel) represent
significant growth over historical levels.
According to EPA, the final
renewable fuel volumes are:
* Cellulosic biofuel (in millions of
gallons): 2014/33.0, 2015/123.0,
2016/230.0, 2017/NA;
* Advanced biofuel (in billions of
gallons): 2014/2.67, 2015/2.88,
2016/3.61, 2017/NA;
* Renewable fuel (billions of gallons: 2014/16.28, 2015/16.93,
2016/18.11, 2017/NA; and
* Biomass-based diesel fuel (billions of gallons): 2014/1.63, 2015/1.73,
2016/1.90, 2017/2.00.
The agency points out all volumes
are ethanol-equivalent, except for
biomass-diesel, which is expressed as
physical gallons.
The final overall percentage
standards for renewable fuel are 9.19
percent in 2014, 9.52 percent in 2015,
and 10.10 percent in 2016, EPA says.
The American Petroleum Institute
and American Energy Alliance
criticized the agency's announcement.
API urges Congress to protect
consumers from high ethanol blend
levels. "EPA's final rule relies on
unrealistic increases in sales of higher
ethanol fuel blends, despite the fact that
most cars cannot use them," says API
President and Chief Executive Officer
Jack Gerard. "Motorists have largely
rejected these fuels."
API says the Congressional Budget
Office predicts consumers could see

increasing fuel prices if EPA tries to
require more than a 10.0 percent ethanol
blend in gasoline, adding it asked EPA
to set the final ethanol mandate at no
more than 9.7 percent to help avoid that
10.0 percent blend wall while meeting
strong consumer demand for ethanolfree gasoline.
AEA President Thomas Pyle says
EPA continues to prove it is incapable
of managing the RFS program, as the
agency has missed deadlines and set
unrealistic blend levels.
"RFS was ill-conceived from the getgo," Pyle states. "The mandate distorts
markets, raises gasoline prices, and
benefits a limited few at the expense of
all Americans." ❒

Registration Now Open
For Bakken Conference
BISMARCK, N.D.-Registration for
the 2016 Williston Basin Petroleum
Conference (WBPC) will open Jan. 26.
The event will be held May 24-26 at the
Bismarck Event Center in Bismarck.
The 2014 conference, with 530
exhibitors and 150 sponsors, attracted
more than 4,250 from 48 states and
Washington, six Canadian provinces,
and seven countries, the North Dakota
Petroleum Council says. The conference
alternates between North Dakota and
Saskatchewan, Canada, every other
year. Sponsors include NDPC, North
Dakota Department of Mineral
Resources, and the Saskatchewan
Ministry of the Economy.
"The Bakken is a world-class
resource, and even though we still are in
a low-price cycle, this formation holds
tremendous promise," says NDPC

President Ron Ness. "The WBPC was
started to share ideas and explore the
very technologies that have since
unlocked this shale formation. Now,
more than ever, industry experts are
focused on breakthroughs that will
make this prolific play profitable and
resilient, even in low-price cycles. We
are very excited to see and hear about
the new opportunities and innovations
that will move the Bakken forward."
Among the confirmed speakers is
Don Hrap, lower-48 president for
ConocoPhillips Co. Hrap leads the
development, operations and services
related to the company's exploration
and production business, NDPC says,
and will offer insights into the Bakken's
future.
In addition to technical talks and
presentations, NDPC says the
conference features more than 500
indoor and outdoor booths, making it
the largest Bakken expo in the nation.
"While we anticipate registration to
be down because of low oil prices, we
continue to receive incredible interest
and support for this event," Ness says.
"We are looking forward to welcoming
leaders from all over the nation and
world to Bismarck this spring."
For more information and to register,
call 701-955-5906 or visit
www.wbpcnd.org. ❒

Gas Storage Levels
Decrease By 244 Bcf
WASHINGTON-Underground
natural gas storage in the United States
stood at 3.756 trillion cubic feet on Dec.
25, 13.5 percent above the five year
average, according to the U.S. Energy

QDME
Quick Data Management Evaluation

Achieve Better Business Decisions with Clean, Quality Data
Evaluating: Data Sources * Data Quality * Completeness * Correctness * Confidence
Delivering: Prioritization * Business Benefits * Observations * Conclusions * Recommendations

www.istore.com * info@istore.com * +1.713.787.6798
20 THE AMERICAN OIL & GAS REPORTER



American Oil and Gas Reporter - January 2016

Table of Contents for the Digital Edition of American Oil and Gas Reporter - January 2016

Contents
American Oil and Gas Reporter - January 2016 - Cover1
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American Oil and Gas Reporter - January 2016 - Contents
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