Big Oil has developed a laundry list of excuses for refusing to embrace the RFS, but let's be honest. Its crusade against the RFS isnít about the interests of the American consumer. Itís about money, market share, and snuffing out competition.
U.S. ethanol exports totaled 49.8 million gallons (mg) in August, a 42% increase over Julyís total of 35.1 mg. Meanwhile, U.S. ethanol imports scaled to 78.4 mg, meaning the United States was a net importer for the third straight month.