There are reports that House Majority Leader Eric Cantor may introduce legislation to reform the ethanol mandate. Cantor’s comments were made during a meeting with top oil industry executives and lobbyists from organizations, including Valero, Phillips 66, Chevron, and ExxonMobil.
In Fort Smith on Tuesday for a private lunch at First National Bank, Rep. Steve Womack, R-Rogers, said he is working to revise the Environmental Protection Agency measure with a coalition of Democrats and Republicans.
The blend wall is the threshold at which the RFS requires more ethanol to be blended into US gasoline than the quantity necessary to dose essentially all of it with the maximum 10% ethanol content for which most cars on the road were designed.
As the amount of biofuel blended with U.S gasoline supplies increases, many vintage vehicles could be feeling the long-term effects. Modern gasoline blends are far different than those used in the era of classic cars and motorcycles.
The EPA could suspend the requirement but has done nothing except raise the permitted maximum concentration to 15 percent starting in 2015 for 2001 and later models. This is pouring salt in the wound. Auto manufacturers have warned they will not honor warranties if there’s any damage.
This week, the House Committee on Energy and Commerce held an extensive hearing on the effects of the Renewable Fuel Standard. Over the course of two days and three panels, diverse stakeholders testified on the many pitfalls of the ethanol mandates.
The Energy and Commerce Committee of the US House of Representatives has been holding hearings this week on the Renewable Fuel Standard (RFS). These hearings are timely, since at least two bills have been introduced to reform or repeal the RFS.
The federal requirement to blend corn ethanol into gasoline is polluting America’s air and water, contributing to climate change, hurting consumers and hindering the development of cleaner biofuels.
Yesterday, the head of the ethanol lobby Bob Dinneen testified in front of the House Energy and Commerce Committee on the Renewable Fuel Standard. Dineen admits that ethanol mandates were intended to raise the price of corn, costing consumers but lining corn growers' pockets.
In a House of Representatives Energy and Commerce committee hearing on July 23 on the Renewable Fuel Standard, representatives of the Ethanol Lobby said that cellulosic biofuels are “just around the corner.” RFA’s President and CEO Bob Dinneen has been saying this for years:
Refiners may be forced to exceed 10 percent ethanol in their fuels next year in order to meet congressionally mandated renewable-fuel standards, according the Environmental Protection Agency.
The House of Representatives Committee on Energy and Commerce is issuing a series of white papers as the first step in reviewing the Renewable Fuel Standard (RFS). Each white paper poses a series of questions on the pitfalls of the RFS to stakeholders in affected sectors. Read the comments on the white papers: