In a recent op-ed
for The Hill, Ron Lamberty of the American Coalition for Ethanol likens
the federal ethanol mandate to “A Christmas Story,” a classic American
film about a boy who wants Santa to give him a Red Ryder BB gun for
Christmas.
The analogy isn’t far from the truth. In 2005, Congress gifted Big
Ethanol its version of Ralphie’s Red Ryder BB gun—a federal mandate that
requires Americans to purchase their products.
Indeed, the Renewable Fuel Standard (RFS) has been a gift that keeps
on giving for ethanol producers. The RFS requires oil refiners to blend
increasing volumes of ethanol into gasoline, with the goal of blending
36 billion gallons by 2020. The mandate gives ethanol producers
guaranteed, rising market share through repeat customers. Moreover, the
RFS forces refiners to sell the ethanol industry’s products.
READ MORE: http://www.productsandpower.org/2013/10/21/rfs-a-christmas-story-for-big-ethanol/
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