Tag Archives: eisa

Las Vegas Biofuels Fraud Revealed in latest EISA Scam

Two men were indicted by a federal grand jury in Las Vegas for offenses involving the badly audited federal renewable fuels program that passed out taxpayer money for the production of biodiesel among other things. Continue reading

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President Obama Calls for $2 Billion Energy Security Trust Using Fossil Fuel Development Taxes to Wean U.S. from Oil and Gas

Leaving aside the controversy over President George W. Bush’s plan to do so under the flawed Energy Independence and Security Act of 2007, which mandates ethanol that apparently is now adding $1 per gallon to the price of gasoline, the question remains is this just Washington politics from an Administration whose approval rating is dropping or sound national policy? Continue reading

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Court of Appeals Throws Out EPA Cellulosic Mandate for Refiners

While the enabling legislation was noble at least in its publicly stated intent – the U.S. sends over $1,000,000 a minute to oil exporting nations, many of whom are hostile to us – it was in the end a sordid tale of special interests feeding at the public trough. Worse, the legislation dictated the types and amounts of fuel to be used to gain energy independence – in effect a dreaded and ineffective design standard – instead of a performance standard that sets broad goals and lets industry and the marketplace work out the issues. Continue reading

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Food Fight over Ethanol as Special Interest Groups Trade Charges

Two special interest groups are sparing in public over the cost implications of a long-standing federal energy policy that mandates the use of ethanol and ever increasing amounts of bio-fuels in an attempt to free the United States from importing oil sold by terrorist supporting nations. In 2012 about 9% of all transportation fuel used will be from so-called renewable sources. Continue reading

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Study Claims E15 Ethanol Gas Will Damage New Car Engines

At the heart of the controversy are the costs of installing E15 pumps at gas stations, which already are selling fuel with E10, as well as warranty costs at automakers, where typically powertrains are now covered for 100,000 miles. The problem for automakers and consumers comes from a regulation that applies to existing vehicles on the road, instead of a phase-in for future vehicles. While automakers are now building some vehicles that can safely run of blends containing up to 85% ethanol, CRC said the decision to move to E15 was “premature and irresponsible,” since millions of existing auto engines cannot. Continue reading

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