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 - Usin Your Implements: Bucket Loader - by Curtis Von Fange. Introduction: Dad was raised during the depression years of the thirties. As a kid he worked part time on a farm in Kansas doing many of the manual chores. Some of the more successful farmers of that day had a new time saving device called a tractor. It increased the farm productivity and, in general, made life easier because more work could be done with this 'mechanical beast'. My dad dreamed that some day he would have his own tractor with every implement he could get. When he rea
... [Read Article]
Latest Ad:
2022 John Deere 5045E, 4wd, front end loader and 3rd function with grapple. 120 hrs, 55k new, must sell
[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.
