IMHO - The article is kind of a mis-leading rant about very little.
The RFS standard came into being in 2005 and outlined the minimum gallons of ethanol required to be blended into gasoline each year. It also projected increased requirements in future years. The EPA was authorized to levy fines against refiners who did not comply. In 2007 it was expanded to include bio-diesel blend requirements with a goal of some 36 billion gallons bio-fuels by year 2022. There have been adjustments along the way and the EPA has wavied requirements in the event supplies were interrupted or not yet invented, as in the case of cellulosic ethanol.
Since 2005 our gasoline useage did not increase at the rate anticipated and today there is not enough gasoline sold to blend the required bio-fuels with - the so called "blend wall". The revision referred to in the article has more to do with adjusting the blend requirements to current gasoline useage than any change in policy.
Since ethanol has become available the refiners can reduce costs by: 1) producing 84/91 octane gasoline (refining in octane costs money) and 2) blending the two gasoline grades and adding 10% ethanol (ethanol is cheaper than gasoline) to make the higher octane grades. As long as ethanol remains cheaper than gasoline I would not expect ethanol to go away even if the RFS was eliminated.
I have never been a fan of the RFS mandate and would like to see all pumps labeled as to fuel type and priced accordingly. For those that prefer non-ethanol gasoline, let them have a choice. For those that prefer E-10, let them have a choice.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - The Ferguson System Principal An implement cutting through the soil at a certain depth say eight inches requires a certain force or draft to pull it. Obviously that draft will increase if the implement runs deeper than eight inches, and decrease if it runs shallower. Why not use that draft fact to control the depth of work automatically? The draft forces are
... [Read Article]
Latest Ad:
1965 International Harvester McCormick Farmall cub tractor 2,500. Two owner tractor. My grandfather bought new in 1966, then we inherited it. Have all the paperwork original manual and all maintenance records. It starts and moves. Comes with underbelly mower, plough, and some other attachments.
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.