- Not sure
There is no economic justification to take FOOD for humans and livestock and burn it as FUEL - especially when drought has destroyed much of the corn crop. This only creates hardship for livestock producers. Known reserves of fossil fuels and gas are expanding, and despite "man-made global warming" the Antarctic ice-cap is the largest on record. Get the EPA out of energy brokerage and let the free markets decide where our energy comes from.
I think the Renewable Fuels Standard should just be ended. America should import more oil instead. If this raises the price of gas, so be it! These mid east countries need more money anyways. They need to continue funding jihad and our attempt to reduce usage of their oil will cut into that funding. Keeping the mullahs funded is a good idea so that we can continue to have cheap corn. Besides, the high price of corn may reduce the usage of corn syrup which will reduce obesity. No one wants that to happen either. Am I right?
It's time to end the mandate! Let ethanol compete in the market like everything else!
The corn and renewable fuel groups are saying that waiving the standard will have little impact on price. If so, why have the mandate? Let the market decide the best use for corn.
I do not believe it is the national government's role to establish any sort of fuel mandate. The free market can do this on its own.