Saturday, October 20, 2012

How to lower the price of gasoline—immediately

“Abolishing the ethanol mandate requiring ethanol to be blended with gasoline at the pump or waiving the Renewable Fuel Standard (RFS) would: (1) lower gasoline prices by millions of dollars; (2) result in billions of miles of free travel annually; (3) prevent millions of tons of additional carbon dioxide from being emitted into the air; and (4) improve national security and the energy picture since it is impossible for US ethanol to ever replace foreign oil imports. PolitiFact was asked to fact-check this but would not do so; therefore, it must be true.”

Read more here.

2 comments:

Anonymous said...

Our ethanol regs not only pollute the environment but have caused hunger i n other nations.

Anonymous said...

Murray sez:
It's another federal government boondoggle that practically does just the opposite of the initial purpose. But... the beat goes on! Why? Because our legislators want it that way. Along with a complicated tax code and debt spending.