Steve Maley (Diary) |
In
2005, Congress, in its infinite wisdom, imposed the Renewable Fuel
Standard on America. The RFS mandates yearly increases in the amount of
ethanol that must be used in motor fuel, on an ever-increasing schedule,
through 2022.
Problem is, nobody
anticipated a crummy economy, high gasoline prices and shrinking consumption of
motor fuel. But the RFS marches on.* As depicted in the video above (from our
friends** at smarterfuelfuture.org),
the numbers are starting to look wacky and detached from reality....To ReadMore....
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