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De Omnibus Dubitandum - Lux Veritas

Sunday, September 1, 2013

The Renewable Fuel Standard signed into law by President George. W. Bush

August 28, 2013

The Renewable Fuel Standard signed into law by President George. W. Bush has rightly been chastised by the oil industry, which requires refineries to add (or blend) massive quantities of biofuels into gasoline. The predictable results have been disastrous. Consider just a few of the consequences: The ethanol mandate means that nearly 50% of the country's corn harvest goes toward biofuels, which artificially drives up inflation in the food market. Additionally, a lackluster 5% of autos are under warranty for concentrations of ethanol higher than 10%, leaving "Big Oil" to buy ethanol it can't blend into gasoline just to meet EPA requirements. In short, the fantasies that ecofascists dreamed up while expanding the law over the years have devolved into failed expectations -- but at least it makes them feel good about "saving the planet."

Given the odious effects of the mandate, legislators on both sides of the aisle have taken steps toward repealing the law. And Big Ethanol isn't happy about the interest in shutting it down. Growth Energy, a corn ethanol group, is launching an advertising campaign set to air on major networks, blasting Big Oil. "While Big Oil may be one of the largest and well-funded industries on the planet," the group said in a statement, "they are not entitled to use their influence to control Congress to maintain unbridled control over the transportation fuels marketplace." Cute, considering that's exactly what these hypocrites have done to implement draconian biofuel mandates.……..Editor's Note: This was part of a commentary summarizing recent events from the Patriot Post titled, Leading From Behind in Syria, and appeared in full here.

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