Renewable Fuel Standards (RFS) Costing Consumers $Billions : Progressive Ideology

Our government has no intention of changing the demand for the blending of Ethanol with gasoline as works well for Mr Obama's ideology of completely turning the county away from fossil fuels even if it means the disintegration of the countries founding principles of individual freedom to chose.

And worse, anyone that choses to stand against Mr Obama's ideology of an all powerful government will be attacked by all agencies that are under his control which means every agency is the government. Remember the IRS attacking the Conservative's seeking special tax status?

Do you understand what it means to become an enemy of the state?

The Cost of the Renewable Fuel Standard to Motorists
Source: Robert Bryce, "The Hidden Corn Ethanol Tax," Manhattan Institute, March 2015.

March 16, 2015

Crude oil prices are dropping and Congress now wants a 15-cent increase in the federal gasoline tax, which currently stands at 18.4 cents per gallon. This increase would be in addition to the Renewable Fuel Standard (RFS), a hidden tax that Congress could repeal. Lawmakers argue the gas tax has not kept pace with inflation and in order to keep the Highway Trust Fund in the black, increased revenues are needed.

A recent study from the Manhattan Institute found:

• The RFS has been in effect since 2007 and requires fuel retailers to blend corn ethanol into the gasoline they sell.
• American motor­ists pay more than $10 billion per year in extra fuel costs above what they would have paid if they had purchased gasoline alone.
• Ethanol-blended gasoline has lower energy density than pure gasoline, which means ethanol adulterated fuel renders poor fuel efficiency
• Ethanol-blended gasoline has lower energy density than pure gasoline, which means ethanol adulterated fuel renders poor fuel efficiency compared to its non-adulterated counterpart.

Congress has imposed a de facto fuel tax on American motorists by forcing them to consume fuel that is more expensive than gasoline on an energy-equivalent basis. Furthermore, by not eliminating the Renewable Fuel Standard, Congress' regulations prevent ethanol producers from competing in the motor fuel market.