Federal regulations can be maddening, but none more so than a current
one that demands oil refiners use millions of gallons of a substance,
cellulosic ethanol, that does not exist.
"As ludicrous as that
sounds, it's fact," says Charles Drevna, who represents refiners. "If it
weren't so frustrating and infuriating, it would be comical."
And
Tom Pyle of the Institute of Energy Research says, "the cellulosic
biofuel program is the embodiment of government gone wild."
Refiners
are at their wit's end because the government set out requirements to
blend cellulosic ethanol back in 2005, assuming that someone would make
it. Seven years later, no one has.
"None, not one drop of
cellulosic ethanol has been produced commercially. It's a phantom fuel,"
says Pyle. "It doesn't exist in the market place."
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