Results tagged exxon

The Daily Caller: GOP may attach ethanol mandate reform to debt ceiling package

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.

Bloomberg: Biofuel Makers Seek to Ease Mandates to Avert Congress

Makers of some renewable fuels are asking the federal government to ease quotas for use of their products in a bid to head off a congressional overhaul of a program that refiners say is driving up costs at the pump.

RedState: Great Achievements in Central Planning: The Renewable Fuel Standard

In 2005, Congress imposed the RFS on America. The RFS mandates yearly increases in the amount of ethanol that is used in motor fuel, on an increasing schedule, through 2022. Problem is, nobody anticipated a crummy economy, high gasoline prices and shrinking consumption of motor fuel.