Register Now

Day 2 | Saturday, May 17, 2008

8:30 – 9:00 a.m.
Registration/Continental Breakfast
9:00 – 10:30 a.m.
Mastering Blending Economics, Markets and Your Biodiesel Message
Jeff Rouse, Alternative Fuels Manager, Carson Oil Co., Inc.
It’s no secret that making biodiesel blending economics work with current prices is a difficult task. However, with the help of state incentives, devoted “green” fleets and some innovative blending strategies, marketers are still making B2, B5 and even higher blends profitably. Learn directly from this veteran of the clean fuels marketing business exactly how you can make biodiesel blending work—even in a tough pricing environment.
10:30 – 11:15 a.m.
Successfully Managing Risk Part 1: Feedstocks and Co-Products
Will Babler, Principal,First Capital Risk Management, LLC
Will Babler
Rapidly increasing soybean oil and animal fat prices put the squeeze on plant economics, especially when diesel blendstock prices don’t rise as quickly as biodiesel prices have to in order to turn a profit. An effective hedging strategy is absolutely key for mitigating the volatility of input costs and ensuring long-term viability for producers. You’ll learn everything you need to know about crush margins and how they can work in your favor.

Bonus: Learn how to factor in the value of co-products such as glycerin and methanol when figuring out your plant’s profit and loss.
11:15 – 11:30 a.m.
Refreshment Break
11:30 a.m. – 12:15 p.m.
Successfully Managing Risk Part 2: Blendstocks
Will Babler, Principal, First Capital Risk Management, LLC
Hedging ultra-low-sulfur diesel has become more and more difficult as the product becomes less related to the NYMEX heating oil contract. You’ll learn the hidden cost factors that are brought to bear on purchasing and selling ULSD and how they are likely to affect blending economics for biodiesel.

Real-world scenarios will be offered, with classroom participation encouraged.
12:15 – 1:15 p.m.
Networking Luncheon
1:15 – 2:30 p.m.
Winning the Tax Credits Game
Ted Burke, President, Dennis K. Burke, Inc.
Ted Burke
When it comes to tax credits, the question of whether it’s worth it to become the “blender of record” is always at the forefront. Will the money gained in the $1/gal tax break outweigh the cost of filling out complex IRS paperwork? After this session from an IRS expert, there’ll be no more confusion over the record-keeping requirements of the tax system and who gets to keep the credit.

Bonus: You’ll get all the proper forms and step–by–step instruction on how to properly file for your tax credit.
2:30 – 3:15 p.m.
Profiting from and Complying with RIN Requirements
Jeff Hove, Regulatory Affairs Director, Petroleum Marketers & Convenience Stores of Iowa
A RIN (or Renewable Identification Number) is a 38-digit number and millions of them are generated every day. Keeping track of them is a federal obligation with thousands of dollars of fines in place for noncompliance. Reporting your RIN gathering and trading activity to the federal government can be a costly headache, in both paperwork and fines if you get it wrong. But as another quarterly deadline approaches, biodiesel RINs are suddenly becoming a hot commodity and obligated parties have paid as much as 5cts/gal for biofuel shipments that include ride-along RINs. In this must-attend session, you’ll learn how you can both comply with federal blending mandates and capitalize on this emerging market.

Bonus: You’ll learn why biodiesel credits are more valuable than ethanol credits and how you can use them to improve biodiesel economics.
3:15 – 4:30 p.m.
Expert Panel: Exploring the Future of Biodiesel
Mike McAdams, Exec. Director, Advanced Biofuels Coalition
Bob Gray, VP of Business Dev., World Energy
Biodiesel has seen great challenges and opportunities. In the U.S., the energy bill kept the $1/gal bio-based diesel blending credit “technology neutral,” leaving the door open for economic challenges from “renewable diesel,” a fuel that can skip some of the more costly processes of traditional biodiesel refining. The high cost of feedstocks poses another, perhaps greater, challenge to biodiesel’s future. However, exports to overseas markets
have never been stronger and tremendous new opportunities exist for producers.
Plus, exciting new technologies, such as algae-based biofuels and other
biogenetic engineering, promise to bring about a sea of change in
production economics.

In this final session, our expert panel will quantify each of these
challenges and opportunities and forecast the shape of the
market a year, five years and a decade down the road.
4:30 p.m.
Conference Adjourns

Register Now & SAVE Up to $50!

View Day 1