Gasoline vs Ethanol: A Supreme Court Showdown

RP Weekly Recap | April 26 – 29

Summary

A long-running clash between gasoline and ethanol producers came to a head in front of the U.S. Supreme Court on Tuesday, in a case that questions whether or not refiners can obtain exemptions from blending ethanol in gasoline and diesel under the Renewable Fuel Standard. With billions of gallons of ethanol and other fuels hanging in the balance, the case has the potential to rock the biofuels industry and the farmers who grow the necessary feedstocks or sink the small refineries needed to supply the nation’s fuel needs. Check out this story and more in this week’s recap of all things happening in oil and gas!


COVID-19 Updates

COVID-19 Statistics

  • Number of Cases (Worldwide): 150,699,821 (up from 144,979,282 last week)
  • Number of Cases (USA): 32,301,639 (up from 31,950,831 last week)
  • Statistics courtesy of Johns Hopkins

Financial & Economic Updates

U.S. Oil Market News

Global Market News


Employment Updates


United States Rig Count

  • Up 2 from last week for a total of 440
  • Up 7.2% from one year ago
  • Statistics courtesy of Baker Hughes

RARE PETRO Updates

Content UpdatesNews PulsePodcast

  • Episode Fifteen of The Industry Leader Spotlight Podcast is available now! Be sure to check out our interview with Debra Hall, President and CEO of Elementale Enterprises! 

  • A new episode of the Periodical Podcast is available now! Be sure to check out our discussion covering California Senate Bill 467 that attempted to upend and ultimately eliminate the oil and gas industry in the Golden State. 

  • This week’s Periodical dives into California Senate Bill 467 that was intended to bring an end to oil and gas development in the Golden State but failed to advance in the state legislature. Now to keep up with his promise to move away from fossil fuels and combat climate change, California Governor Gavin Newsom has tasked state agencies to develop a plan to phase out oil and gas extraction by mid-century.

  • Episode Three of our newest segment, Hydrocarbon History is available now! Join us as we explore the history of oil and gas to see what we might learn from the mistakes and successes of others. In the second episode, Tavis explores the historical significance of one of the most beloved energy sources of all time: Whales. 

  • Episode 11 (Tackling the Data Monster Pt. 2) of the Modern Mobile Oilfield is available now! This series is a collaborative effort between world renowned author Geoffrey Cann and RP host Tavis Killian that will expand on topics covered in the book “Bits, Bytes, and Barrels”. This new segment is aimed at energy professionals at any level who are looking to better understand the future of a digital oilfield, and potentially implement these technologies into their company’s workflow. Be sure to watch or listen on all available platforms!


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