The U.S. Environmental Protection Agency is considering upping the ethanol requirement in gasoline this summer — a move that threatens to ignite a new fuel war.
“The dialogue should be to repeal the renewable targets and let the market decide,” Charles Drevna, president of the American Fuel and Petrochemical Manufacturers, said at a conference last week.
Opposing requirements to blend more corn-based ethanol and other renewables into their fuels, the petroleum industry says government dictates increase production costs and hike consumer prices.
Oil companies say if they are forced to sell gasoline with the proposed 15 percent ethanol content – up from the current 10 percent – they’ll take their product elsewhere.http://www.humanevents.com/2013/06/20/pushback-builds-against-epa-ethanol-mandates/
“The dialogue should be to repeal the renewable targets and let the market decide,” Charles Drevna, president of the American Fuel and Petrochemical Manufacturers, said at a conference last week.
Opposing requirements to blend more corn-based ethanol and other renewables into their fuels, the petroleum industry says government dictates increase production costs and hike consumer prices.
Oil companies say if they are forced to sell gasoline with the proposed 15 percent ethanol content – up from the current 10 percent – they’ll take their product elsewhere.http://www.humanevents.com/2013/06/20/pushback-builds-against-epa-ethanol-mandates/
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