The Environmental Protection Agency wants to raise the amount of biofuels in America’s gasoline once again, but an energy industry executive says the move could severely damage most of the vehicles in the U.S., reduce the amount of energy per gallon and add to the national economic uncertainty. The Obama EPA recently unveiled its proposal for the 2017 Renewable Fuel Standard. The administration says the call for additional biofuels is part of its ongoing effort to reduce dependence upon fossil fuels and develop cleaner burning energy sources.
But that’s not how the energy industry sees it at all. “The new rule continues to push us toward breaching the blend wall. That is our big concern here, and that is reaching above 10 percent ethanol in the fuel mix,” warned American Petroleum Institute Downstream Group Director Frank Macchiarola. FULL REPORT