The E-Xchange — Ethanol
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 isn’t about the interests of the American consumer. It’s about money, market share, and snuffing out competition.
Why would James Thorpe want Congress to repeal the RFS? If he opened his wallet, he would realize that it is the single most effective energy policy in our nation’s history!
The markets were abuzz last week with a rumor about EPA’s pending 2014 RVO proposal that suggested the agency was mulling the idea of cutting the “renewable fuel” portion from 14.4 billion gallons to 13.0 billion. Here's an examination of the likely impacts of “Big Oil’s dream scenario.”
EPA’s proposed rule establishing 2014 RVOs under the RFS is expected to be published soon. Many believe the 2014 RVO will, for the first time ever, require obligated parties to move beyond the status quo and blend volumes of renewable fuel above the so-called “E10 blend wall.”
The National Renewable Energy Laboratory (NREL) has carefully completed reviewing 43 studies on the effects of E15 on engine durability, emissions, and other factors and issued a report finding that the available literature “…did not show meaningful differences between E15 and E10 in any performance category.”