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Also, since the beginning of 2015 (71 weeks), the ethanol blend rate has exceeded 9.7% 25 times (more than one-third of the time). The blend rate even exceeded (gasp) 10.0% twice during that span. The average blend rate since the beginning of 2015 has been 9.57%.
For a more balanced view, here is the Renewable Fuels Association's May 11 statement on the bill: WASHINGTON — On Tuesday, biofuel critics Rep. Bill Flores (R-Texas), Peter Welch (D-Vt.), Bob Goodlatte (R-Va.) and Jim Costa (D-Calif.) introduced legislation that would cap ethanol blends in the U.S. transportation pool to no more than 9.7 percent by volume. Renewable Fuels Association President and CEO Bob Dinneen had the following statement: “Passage of this bill would represent a complete capitulation to the oil industry that steadfastly refuses to provide consumers higher octane, lower cost alternative fuels at the pump. They whine about a so-called blend wall even as they continue to build it themselves by denying consumer access to E15 and E85. The RFS was made necessary by oil company intransigence. It was intended to break the stranglehold oil companies have on the motor fuel market by forcing access. This bill would gut the RFS and send America’s energy and climate change policy back decades. Americans want choices at the pump, they want to see lower carbon fuels, they want to spend less on motor fuel, and they want to stimulate investments in new technologies and new fuels to drive our economy in a low carbon world. This bill would sacrifice all of that at the altar of Big Oil, and that is why it will never pass.”
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May 17, 2016