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Five members of Chicago’s City Council have proposed an ordinance to require all self-serve gas stations within the city to offer mid-grade E15 at their pumps. This mandate will harm the small business owners that operate many of these gas stations and it will likely lead to more damaged engines as consumers use E15 in […]
Last week the Congressional Budget Office (CBO) produced a report on the feasibility of complying with the Renewable Fuel Standard (RFS), a federal mandate that requires minimum volumes of renewable fuels to be blended into transportation fuels. The original volume mandated by the Energy Independence and Security Act of 2007 (EISA) for 2014 is 18.15 […]
On Monday, March 3, the Environmental Protection Agency (EPA) announced its Tier 3 regulations requiring U.S. refineries to further reduce their sulfur emissions from 30 parts per million to 10 parts per million beginning in 2017. EPA claims that to further reduce sulfur emissions would only increase gasoline prices by a fraction of a cent, […]
On the sixth anniversary of the expansion of the Renewable Fuel Standard (RFS) in 2007, the Renewable Fuels Association (RFA) issued a “celebratory” document explaining why they were so thrilled with the mandates on American refiners. The funny thing is, we don’t need to consult outside sources to see what’s wrong with the RFS or […]
As we have explained on these pages before, the Renewable Fuel Standard (RFS) amounts to a massive subsidy for the ethanol industry. By forcing refiners to purchase and blend rising volumes of biofuels, regardless of whether it makes economic sense, the RFS provides ethanol producers guaranteed demand for their product. To protect their mandate, the […]
A recent story in the LA Times explains that government officials at various levels are keen on putting little black boxes in everyone’s vehicle. Civil liberties groups are concerned—and rightly so—about Big Brother being able to track everyone’s movements. Yet even the official reason is ominous: It will allow the government to tally a citizen’s […]
In a letter to EPA Administrator Gina McCarthy, members of Congress are urging the EPA to reduce the required biofuel volumes under the Renewable Fuel Standard (RFS) for 2014. The letter, signed by more than 150 members from both parties, correctly points out that the RFS is a flawed policy, based on faulty assumptions, that […]
A recent Bloomberg article underscores the government distortions in the fuel and food sectors. The piece discusses the rising price of ethanol because of expected supply problems: Ethanol’s discount to gasoline narrowed to a four-month low on speculation that the slowest pace of corn planting since 1986 will make it difficult to replenish supplies. The […]
Freedom of expression is now freedom of coercion. Sierra Club(3/31/13) reports: “As the effects of climate change cause hardship for families across America, we need better coverage if we want people to connect the dots and demand real action to curb global warming pollution… That’s why we’re launching a petition to the executive producers of ABC, […]
We had to recheck the calendar to make sure it wasn’t April 1st.Washington Free Beacon (3/28/13) reports: “After bankruptcy, a buyout by a Chinese firm, and more than a hundred million dollars in taxpayer money, the lithium-ion battery maker A123 Systems, Inc., is getting a new name: B456 Systems, Inc… A123, which produces batteries used in […]