The Briefing Room
General Category => National/Breaking News => Topic started by: flowers on November 15, 2013, 08:52:51 pm
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http://www.washingtontimes.com/news/2013/nov/15/first-epa-cuts-ethanol-standard/
In a move likely to anger corn farmers and their congressional representatives, the Obama administration Friday proposed the first-ever cut in the amount of corn-based ethanol and other biofuels that must be mixed into the nation’s gasoline, with the Environmental Protection Agency concluding that the mandate set by Congress just six years ago is proving difficult and perhaps impossible for gas producers to meet.
The move could spark a fight from corn growers and those who have argued the ethanol mix was key to reducing the nation’s dependence on foreign oil suppliers.
The EPA proposal would require refiners to blend about 15.2 billion gallons of renewable fuels such as ethanol into the nation’s gasoline supply — a decline of nearly 17 percent from the level set in the 2007 law. That law gave regulators the flexibility to cut the standard if market or production conditions dictated a change.
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:thumbsup:
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This whole ethanol thing was farce from the very beginning. It is the same farce as Obamacare, global warming, and Obama praising vets on Veteran's Day. All lies and deceit. :smokin:
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and Obama praising vets on Veteran's Day. All lies and deceit. :smokin:
A neighbor lady was painting my finger nails this week. Somehow that topic came up. She is in her late 70's. She was pissed about obama laying a wreath on veterans day. I mean pissed.
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http://www.washingtontimes.com/news/2013/nov/15/first-epa-cuts-ethanol-standard/
Save the corn for whiskey and tortillas!
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Save the corn for whiskey and tortillas!
*girl beer* :amen:
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About time.
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I have been in private industry my whole career. I am a capitalist. I have also been through ethanol facilities and I can tell you, they are built in a way private industry would never build an operation. Borderline opulent. Why? Government subsidies.
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So it's staying at 10%?