Phillips 66 CEO Greg Garland said the RFS was “unworkable”. Bob Dinneen says that’s just silly talk. The RFS is a proven success having stimulated investment, created jobs, and significantly lowered our dependence on foreign oil.
Oil companies have suggested that increased prices for conventional ethanol RINs (Renewable Identification Numbers) are leading to higher gasoline prices at the pump. Some have even deceptively claimed RINs are adding as much as $0.10 per gallon to the retail price of gasoline. This assertion is completely absurd and is easily disproven with a series of very simple calculations. Truth be told, ethanol continues to sell at a discount to gasoline and continues to offer savings at the pump, even when the impact of higher RIN prices is considered.
Once again, despite the facts, the Wall Street Journal, sides with Big Oil and its monopoly against ethanol, Big Oil’s direct competitor. This time the issue is about the purchase of special credits called RIN’s and Big Oil’s latest scapegoat for higher gasoline prices.
Oil companies have suggested the recent increase in RIN prices is due to the arrival of the E10 “Blend Wall” and the supposed inability of obligated parties to meet RFS obligations. The truth is, the E10 “Blend Wall” was erected by the oil companies themselves. Here are the facts.
API’s study claims to prove that 15 percent ethanol blends (E15) will damage your automobile’s engine. The only thing one can glean about E15 from the API study is if you test E15 in a vehicle that has been recalled then you just might have some problems.
Posted in E15
Bob Dinneen, President and CEO of the Renewable Fuels Association (RFA), appeared in a joint interview today with Bob Darbelnet, President and CEO of the American Automobile Association (AAA), on CNBC's “Closing Bell”. Mr. Dinneen rebuked recent comments made by the auto club, which insisted that E15 damages vehicles.
As E15 (85 volume percent gasoline, 15 volume percent ethanol) is poised to enter the marketplace, many consumers have questions about the use of E15 in their vehicles. The RFA has put together this FAQ document to best answer consumers questions.
The U.S. Environmental Protection Agency (EPA) approved the use of E15 (15% ethanol, 85% gasoline) for use in model year 2001 and newer vehicles. Now that E15 is being sold for use beyond flex-fuel vehicles, consumers have questions about using E15 their own vehicles. The RFA has compiled and Automobile Fact Sheet for E15 use.
Rep. Jim Sensenbrenner’s recent editorial, “Ethanol Leaves Consumers Stranded” exposes itself for what it is…political petroleum pandering. Contrary to Rep. Sensenbrenner's attacks on E15, the E15 testing done by the DOE is the most extensive fuel testing done to date on ethanol blends.
A new year ushers in a new era for ethanol in the U.S. New markets domestically and internationally are opening up just as new technologies for ethanol production begin commercial construction at new biorefineries around the country. What 2012 will ultimately hold for American ethanol production remains to be seen, but that shouldn’t stop us from positing some guesses.
2011 was a momentous year for America’s ethanol industry both domestically and internationally. From new markets to new technologies to a new policy framework, the events of 2011 will shape the future of America’s renewable fuel industry.
Recent claims from some marine engine manufacturers that E15 ethanol blends will ruin marine engines are meant solely to incite fear and not meaningful discussion. A meaningful discussion would note that E15 is illegal for use in marine engines, that the testing being cited is not comprehensive, and that the ethanol industry has repeatedly extended olive branches to work on the concerns boaters and others have raised.