Saturday, October 13, 2012

THE GREAT ETHANOL SCAM ..? AGENCY to the G 20 to RECOGNIZE that CURRENT BIOFUEL MANDATES are UNSUSTAINABLE ”

Current government energy policies are a definition of insanity.

“Strong policy should not be based on prayers for good weather, especially when the stakes are so high. From the U.S. Environmental Protection Agency to the G20, it is time to recognize that current biofuel mandates are unsustainable,”
“Gasoline prices could be decreased instantly by President Obama if he wanted to do so. Republicans have not yet picked up on this issue.”
“Abolishing the ethanol mandate requiring ethanol to be blended with gasoline at the pump or waiving the Renewable Fuel Standard (RFS) would:
  1. lower gasoline prices by millions of dollars;
  2. result in billions of miles of free travel annually;
  3. prevent millions of tons of additional carbon dioxide from being emitted into the air; and
  4. improve national security and the energy picture since it is impossible for US ethanol to ever replace foreign oil imports.”
“The following is reference data for skeptics. Gasoline prices can be lowered instantly by either abolishing the ethanol mandate which requires that ethanol be blended with gasoline at the pump or waiving the RFS. This would eliminate the millions of dollars in waivers which refineries are required to purchase because there is no cellulosic ethanol production, thereby decreasing the price of gasoline.”
“The 2012 RFS for cellulosic ethanol is 8.65 million gallons. Cellulosic ethanol production through August 2012 has been only 20,069 gallons, a shortage of 8.63 million gallons requiring $0.78 per gallon waivers.”

Given the enormous oil reserves in America, both domestic and offshore, there is no reason why they should not be extracted, but the environmental movement in combination with the Environmental Protection Agency, the Interior and Energy Departments, has restricted access to our own oil.
The ethanol mandates are not just robbing Americans at the gas pump, they are endangering the cost of food prices worldwide
Given the enormous oil reserves in America, both domestic and offshore, there is no reason why they should not be extracted, but the environmental movement in combination with the Environmental Protection Agency, the Interior and Energy Departments, has restricted access to our own oil.
The ethanol mandates are not just robbing Americans at the gas pump, they are endangering the cost of food prices worldwide
Current government energy policies are a definition of insanity..

The Great Ethanol Scam:  CLICK  FOR  MORE..


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