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Call to Action for a Truly Sustainable Renewable Future
August 8, 2013 – 5:07 pm | No Comment

-Include high octane/high ethanol Regular Grade fuel in EPA Tier 3 regulations.
-Use a dedicated, self-reducing non-renewable carbon user fee to fund renewable energy R&D.
-Start an Apollo-type program to bring New Ideas to sustainable biofuel and …

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Home » Business News/Analysis, Federal Regulation, Illinois, Opinions, Policy

Letter to Editor: Protect Illinois Farmers from Crude Manipulation

Submitted by on February 8, 2017 – 6:28 pmNo Comment

by Jim Talent (Americans for Energy Security and Innovation/Belleville News-Democrat)  When Illinois farmers sell wheat, rye or oats on the open market, they can rightly expect that supply and demand will set the price, with no interference from foreign cartels or big grocery chains quietly pulling cereal off the shelf. The same isn’t true for the state’s largest crop, corn. That’s because corn is a major feedstock for the production of ethanol, and ethanol remains the single greatest threat to those who seek to monopolize consumer options at the gas pump.

Oil ministers at the Organization of the Petroleum Exporting Countries (OPEC) recently joined Russia in a renewed effort to cut global energy supplies and push up the price of fuel. These efforts have been aided by oil interests at home who work to keep higher ethanol blends off the market, protecting the profits of fossil fuel producers.

Ethanol represents a cleaner option than gasoline, with carbon footprint at least 43 percent smaller than gasoline according to new data from the U.S. Department of Agriculture (USDA). It also costs less and increases the octane content of fuel, delivering greater performance for drivers. With all these advantages, farmers should be doing just fine. Instead, they’ve had to fight for the right to sell every gallon of homegrown fuel.

Fortunately for Illinois, the11-year-old Renewable Fuel Standard (RFS) ensures that producers in agricultural states can’t be cut out of the free market. The bipartisan policy allows homegrown biofuels to supply a growing share of our energy needs, enough to displace 527 million barrels of oil in 2015 alone. Biofuels are now added to 97 percent of U.S. fuel in blends ranging from 10 percent to 85 percent ethanol. The RFS has been the most successful energy policy working to protect competition and reduce U.S. reliance on oil.  READ MORE and MORE (Investors.com)

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