All Cars Should Run On E100
by Joanna Schroeder (DomesticFuel) Last year, after President Obama gave his speech about increasing the CAFE requirements – in an effort to save 1.8 billion barrels of oil over a 15-year period– a few ethanol advocates took their frustration to the streets and formed the E100 Ethanol Group.
Why? Because as Don Siefkes, Executive Director of the organization points out, “Twenty gallons of gasoline per barrel means 36 billion gallons of gas saved over 15 years or 2.4 billion gallons of gasoline per year. We use 140 billion gallons of gasoline per year so we would save only 1.7 percent of our gasoline usage and it is going to cost $25-$50 billion to achieve this meager savings. We felt it ridiculous to spend so much for so little and decided to form our group and see what we could do.” READ MORE