Campaigning in Iowa, Republican hopeful Ted Cruz speaks out against the RFS, but thinks a free market full of E25 is just peachy.
Renewable Fuel Standard
With the 2016 US presidential election already getting rolling, the debate over the Renewable Fuel Standard could play role in farming-intense states. Iowa Governor Terry Branstad, a supporter of the mandate, thinks candidates who don't support the RFS could be at a disadvantage there for the very important caucuses.
The federal government mandates that a certain amount of ethanol be blended with gasoline. The price of corn-based ethanol hasn't been affected by the same anchor-drop in price as petroleum fuel, however, and along with that, the complicated mechanics of its pricing and trade are said to be what is keeping the price of gas from falling even further.
The Environmental Protection Agency (EPA) is not going to decide just yet how much biofuel to add to the national fuel supply in the future. Last year, the EPA said, for the first time ever, that it might reduce the biofuel component in American gas, but is now saying that the 2014 standards rule will be "significantly delayed."
November's coming up, so that must mean some election-season lobbying is on the way. One of the subjects being debated in the US right now is the how much renewable fuel must be included in the US gas supply. And advocates are already taking to the digital airwaves to make their point.
Earlier, we mentioned the Renewable Fuels Association's report that most major oil companies are blocking the ethanol blends E15 and E85 from their gas stations. According to the RFA, "Distribution contracts routinely include provisions that make it difficult, needlessly expensive, or simply impossible for a retailer to offer consumers choices like E15 or E85." The report has the attention of two senators who want the Federal Trade Commission to look into the matter of Big Oil engaging in anti-c
Like a tractor harvesting an Iowa cornfield, biofuel advocates aren't using a ton of subtlety in their approach to take down Big Oil. The coalition Fuels America used April 22, i.e. Earth Day, to kick off a campaign for higher renewable fuel mandates. And, while that corn field may be a lovely shade of maize, the advocates are talking green, as in the money oil companies are pulling out of Americans' pocketbooks by insisting on reuced use of biofuels.
A public meeting room was packed recently as the US Environmental Protection listened to comments about its recent Renewable Fuel Standard (RFS) decision. About 300 people packed the room, and the two sides were clearly marked. Some people were biofuel producers or Iowa farmers wearing "Don't Mess with RFS" buttons; others wore "Save my Engine" t-shirts handed out by Energy Citizens, a group funded by American Petroleum Institute.