article

End the Ethanol ripoff

[WHAT]

1. ] by Robert Bryce @nytimes.com - Robert looks at the US gov mandated program to include Ethanol In gasoline.

[WHY]

1. ] federally mandated program to blend ethanol into gasoline is a ripoff

[WHY NOT]

1. ] renewable
2. ] homegrown
3. ] Cleaner

[WHERE]

1. ] http://www.nytimes.com/2015/03/10/opinion/end-the-ethanol-rip-off.html?_r=0

[WHEN]

1. ]

[EXAMPLE]

1. ] Federal law currently requires fuel retailers to blend about 13 billion gallons of corn ethanol per year into the gasoline they sell to the public, making the gas more expensive.
2. ] To get the same amount of energy contained in a gallon of gasoline, a motorist must buy about 1.5 gallons of ethanol.
3. ] Since 1982, officials in Nebraska have been monitoring monthly and annual wholesale, or "Rack," prices for ethanol and gasoline at fuel depots in Omaha. In December 2014, the rack price of a gallon of ethanol was $2.40, while a gallon of unleaded gasoline was $1.73.
4. ] Since 1982, the price of an energy-equivalent amount of ethanol has, on average, been about 2.4 times the price of gasoline.
5. ] For eight full years between 1986 and 1998, ethanol cost at least three times more than an energy-equivalent amount of gasoline.
6. ] In the last session of Congress, 169 members of the House of Representatives sent a letter to Gina McCarthy, the administrator of the Environmental Protection Agency, urging her to reduce the amount of ethanol blended into gasoline supplies because the mandates could cause "Economic and environmental harm." Nothing came of it.

[HOW-TO]

1. ]

[REFERENCE]

1. ]

 

Details

ID: 4377

NAME: End-the-Ethanol-ripoff

DESCRIPTION: by Robert Bryce @nytimes.com - Robert looks at the US gov mandated program to include Ethanol In gasoline.

AUTHOR: article.author/s

EDITOR: article.editor/s

PUBLISHER: article.publisher/s

STATUS: Write

PRIORITY: 0

OWNER ID: 75

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