California Governor Newsom Signs AB30 Approving 15% Ethanol Blend that Increases Ethanol Market by more than 600 million Gallons Per Year [Yahoo! Finance]
Aemetis, Inc (AMTX)
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Source: Yahoo! Finance
biofuels company, announced today that California Governor Gavin Newsom signed Assembly Bill 30 (AB30), which immediately allows 15% ethanol blending in gasoline and expands the potential California market for ethanol by 50% by increasing from an E10 to E15 blend. According to a UC Berkeley/Naval Academy study, a 15% ethanol blend could decrease gasoline prices at the pump by $2.7 billion per year and save consumers about 20 cents per gallon. “E15 approval in California is a smart move to help families save money at the pump and advance the state's renewable energy and environmental goals,” stated Eric McAfee, Chairman and CEO of Aemetis and a Board member of the Renewable Fuels Association (RFA). “E15 increases the amount of lower cost, high octane renewable fuel while reducing emissions from conventional gasoline.” “Thanks to Gov. Newsom's leadership and decisive action, California is on the road to lower gas prices and a cleaner future for families across the state,” stated RFA
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AMTX
News
- Aemetis Receives Authority to Construct Air Permits for MVR Project at California Ethanol PlantGlobeNewswire
- Aemetis (NASDAQ:AMTX) had its price target lowered by analysts at Ascendiant Capital Markets from $21.00 to $20.00. They now have a "buy" rating on the stock.MarketBeat
- Aemetis Reports Third Quarter 2025 Financial Results [Yahoo! Finance]Yahoo! Finance
- Aemetis Reports Third Quarter 2025 Financial ResultsGlobeNewswire
- Aemetis to Review Third Quarter 2025 Financial Results on November 6, 2025GlobeNewswire
AMTX
Earnings
- 11/6/25 - Miss
AMTX
Sec Filings
- 11/7/25 - Form 10-Q
- 11/6/25 - Form 8-K
- 10/21/25 - Form 8-K
- AMTX's page on the SEC website