Saturday, January 14, 2012

A Fine for Not Using a Biofuel That Doesn’t Exist

You know the Dims have REALLY jumped the shark when even the New York Times calls them out for their regulatory insanity!

Quoting [gasp] The New York Times:
“When the companies that supply motor fuel close the books on 2011, they will pay about $6.8 million in penalties to the Treasury because they failed to mix a special type of biofuel into their gasoline and diesel as required by law…

But there was none to be had. Outside a handful of laboratories and workshops, the ingredient, cellulosic biofuel, does not exist.

In 2012, the oil companies expect to pay even higher penalties for failing to blend in the fuel, which is made from wood chips or the inedible parts of plants like corncobs. Refiners were required to blend 6.6 million gallons into gasoline and diesel in 2011 and face a quota of 8.65 million gallons this year.”
Click the image & read the rest:
Click the image & read the rest
Want some reality-based solutions?
Develop our vast domestic resources
Stop being so gullible on the topic of climate change.
Don’t fall for the lies spread by fracking hysteria mongers.

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