Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
    
   
   
   
   
   
   
   
   

Agricultural News


Philadelphia Energy Solutions Bankruptcy Settlement Granted by Delware's Federal Bankruptcy Court

Thu, 05 Apr 2018 11:38:24 CDT

Philadelphia Energy Solutions Bankruptcy Settlement Granted by Delware's Federal Bankruptcy Court The following is a statement from North Dakota farmer Kevin Skunes, president of the National Corn Growers Association (NCGA), on yesterday’s Philadelphia Energy Solutions (PES) Bankruptcy Settlement, granted by a federal Bankruptcy Court in Delaware.


“The National Corn Growers Association (NCGA) is extremely disappointed in the bankruptcy court’s ruling, allowing PES to waive the majority of its obligation under the RFS. This settlement is not acceptable and completely undermines the Renewable Fuel Standard (RFS). This settlement negotiated is just another example of how the Agency is willing to dismantle the RFS. This settlement rewards corporations, such as the $12 billion Carlyle Group, which should be liable for PES’ RFS obligations, at the expense of farmers. Farmers are entering their fifth year of low prices and net farm losses and can’t afford reducing demand for ethanol, as corn is the primary feedstock used in the production of conventional biofuel. As EPA’s actions continue to chip away at the RFS, farmers continue to ask President Trump to remember his promise to rural America and farmers and to keep the integrity of the RFS.”


Source - National Corn Growers Association




   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Corteva Agriscience Launches LANDVisor — State-of-the-Art Digital Technology for Ranchers and Land Managers  Fri, 22 Nov 2019 11:36:41 CST
  • Atop the RON Rural Soapbox - Former Secretary John Block  Fri, 22 Nov 2019 08:51:03 CST
  • Ed Elfmann of the American Bankers Assocition Weighs in on the Current State of Ag Lending   Thu, 21 Nov 2019 22:12:56 CST
  • Steers Calves Higher- Yearlings Mixed at Thursday Sale in Woodward, Oklahoma  Thu, 21 Nov 2019 21:54:08 CST
  • Getting a USMCA Vote in the House in 2019 Looking More and More Unlikely  Thu, 21 Nov 2019 17:23:58 CST
  • Congressman Lucas on Passing of Former State Representative Elmer Maddux  Thu, 21 Nov 2019 16:55:51 CST
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Thirsday, November 21, 2019  Thu, 21 Nov 2019 16:52:10 CST
  • Oklahoma Beef Council Kicks Off Second Year of Partnership with Steven Adams with the Academy of Smashing Steaks Promotion  Thu, 21 Nov 2019 13:13:45 CST

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit P&K Equipment Tulsa Farm Show AFR Insurance Stillwater Milling KIS FUTURES, INC. Oklahoma Cattlemen's Association

    Our Road to Rural Prosperity sponsors!

    Banc First OPSRC ORWA TPAOO TPAOO

    Search OklahomaFarmReport.com


       
       
    © 2008-2019 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.