The standard that congress established in 2007 was for gasoline to contain an average of 10% ethanol. That was back when things were booming. Back then, gasoline use for 2013 was projected to be 160 billion gallons. That would mean 16 billion gallons of ethanol. With the great recession continuing, and motor vehicles getting ever better mpg, and people driving less, the expected use of gasoline in 2013 will be 130 billion gallons. Requiring 13 billion gallons of ethanol under the established standard. However, the way it's written up, refineries are required to use 16 billion gallons of ethanol in 2013. Some sort of compromise is likely to be worked out. Requiring less ethanol.
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Today's Featured Article - On the Road with Dave Gohl: Auction Musings - by Dave Gohl. I was thinking the other day about all the auctions I've been to in the last few years. There've been many. Some have been very good, some have been well, disappointing to say the least. But no matter how good or bad auctions may be, we always seem to stay until the item we've come for or are interested in is on the block. I've been to some auctions near and far. I think the furthest has been the Two Cylinder 7 in the Amana Colonies last year. Lots of stuff, lots of people. I've also atten
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