Great news on the energy front - biofuels go bye bye

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The beginning of the end of a big swindle - from Reuters:

Exclusive: EPA gives giant refiner a 'hardship' waiver from regulation
The Environmental Protection Agency has exempted one of the nation’s largest oil refining companies, Andeavor, from complying with U.S. biofuels regulations - a waiver historically reserved for tiny operations in danger of going belly up, two sources familiar with the matter told Reuters.

The exemption, which applies to the three smallest of Andeavor’s ten refineries, marks the first evidence of the EPA freeing a highly profitable multi-billion dollar company from the costly mandates of the U.S. Renewable Fuel Standard. The law requires refiners to blend biofuels such as ethanol into gasoline or purchase credits from those who do such blending.

The decision, which has not been previously reported, raises the question of whether other big and profitable oil firms with small refineries - such as Exxon Mobil Corp, Chevron Corp and Phillips 66 -  also have or could receive the waivers, which are granted by the EPA in secret.

Good - the inclusion of corn-derived Ethanol in our gasoline is nothing about the environment, it is pure pork to the US corn growers. Modern automobiles have been formulated to tolerate this but small engines - lawnmowers, string trimmer, generators, etc.... - do not and the ethanol greatly reduces engine life. There is simply no need to use this and it benefits a very small but very politcally powerful section of agribusiness. Time to wean them off the government teat.

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About this Entry

This page contains a single entry by DaveH published on April 3, 2018 7:45 PM.

About that coal problem was the previous entry in this blog.

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