ethanol

Conestoga Energy Partners; www.conestogaenergy.com/bonanza-bioenergy

The Environmental Protection Agency said last Friday that it won’t release rules for how much ethanol oil refiners have to mix in to our gasoline supply this year.

The ethanol rules, called the Renewable Fuel Standard (RFS), are meant to prop up the U.S. biofuels industry by creating demand for ethanol. Without the rules, both oil companies and the biofuel sector will be left in the dark as to what the demand for ethanol will be.

EPA prepares for an earful on Renewable Fuel Standard

Dec 11, 2013
Grant Gerlock/Harvest Public Media

Both supporters and opponents of ethanol have had a lot to say since the EPA announced a proposal to cut the Renewable Fuel Standard, the rules that force oil companies to buy and use certain levels of ethanol. But they’re just warming up. The agency’s first hearing on the proposal is Thursday in Arlington, Va., and advocates from both sides will line up for a chance to give regulators a piece of their minds.

Grant Gerlock/Harvest Public Media

Ilya Protopopov stopped at a U-Stop station in Lincoln, Neb., on his way to the track to fuel up his truck and a few dirt bikes. His fuel of choice, 91 octane unleaded, was selling for $4.01 per gallon.

“I used to complain about $1.50 gas, now it’s over $4,” Protopopov said. “Pretty steep.”

But on the same pump there was another fuel selling for under $3. E85 was going for $2.53.