EPA 4 Gallon Minimum and US Corn Crisis Mean Profits for the US Government

The Environmental Protection Agency (EPA) under directives from the Obama administration has demanded a 4 gallon minimum when purchasing gasoline with ethanol (E15 and E10). Simultaneously, Obama is pushing E15 in an attempt to sway the marketplace.

In a letter to the American Motorcyclist Association , the EPA explained: “[The] EPA requires that retail stations that own or operate blender pumps either dispense E15 from a dedicated hose and nozzle if able or, in the case of E15 and E10 being dispensed from the same hose, require that at least four gallons of fuel be purchased to prevent vehicles and engines with smaller fuel tanks from being exposed to gasoline-ethanol blended fuels containing greater than 10 volume percent ethanol.”

At stations selling E15, there will be a mandatory 4 gallon minimum purchase despite the blend of ethanol and gasoline the customer chooses.

Cars manufactured in 2001 and beyond use E15. Although US gasoline contains only 10% ethanol, the US government has ignored the fact that ethanol will damage older vehicles and causes a hazardin small motor-vehicles like boats, lawnmowers and motorcycles.

The American Petroleum Institute estimates that 5 million vehicles would be harmed by using E15 fuel.

The mandate of a 4 gallon purchase is blatant interference of the US government in the free choice of American consumers as well as places federal controls on controls the marketplace. Some vehicles with small engines will not accept a total four gallons; leaving the customer forced to purchase gasoline they cannot use.

Last week, Republicans on the House Committee on Science, Space, and Technology wrote a letteraddressed to Lisa Jackson, chief administrator of the EPA, stating their disapproval of the sale of gasoline containing 15% ethanol. The letter stated: “The EPA has no business telling Americans how much fuel they must purchase. Furthermore, EPA’s first-ever fuel purchase requirement appears to have been made outside the normal rulemaking process, seems antithetical to free markets, and highlights the flaws in the agency’s hasty decision to grant partial waivers for E15 prior to comprehensive scientific evaluation and assessment.”

Just before Tropical Storm Isaac hit the Gulf Coast, oil speculation based on future production in the Gulf of Mexico had fallen 24%, says the Bureau of Safety and Environmental Enforcement.

Eighty percent of oil production came to a halt off shore in the Gulf of Mexico as refineries braced for impact and will remain closed throughout the incident which has forced a great reduction of fuel supplies. The White House has released a statement confirming that the Strategic Petroleum Reserve (SPR) will be tapped into in the near future.

The US Energy Department announced that the Obama administration is “loaning 1 million barrels of oil to Marathon Petroleum” due to Isaac. Steven Chu, former BP executive and current Energy Secretary, said: “Today’s announcement is part of the broader federal effort to respond to those impacted by Hurricane Isaac. This emergency loan from the Strategic Petroleum Reserve will help ensure Marathon’s refining operations have the crude oil they need to continue operating.”

This “loan” will be extracted from the SPR. To stimulate the petrol global economy, consuming nations had anticipated that emergency reserves would be needed to fill in the difference to the profits that were lost due to Isaac.

The US investment in ethanol is a drain on the world’s food stores; which allocates massive amounts of food to the production of this plant-based fuel for cars instead of for human consumption.

In April, before the drought crisis in America began to take its toll on US corn crops, Purdue and Stanford published a study that predicted with precise accuracy that man-made climate change would affect corn yields to the extent that a rise in food prices would be inevitable. They obtained their funding from US Department of Energy’s Office of Science.

The study explains with eerie accuracy that due to man-made climate change “there could be quite a substantial increase in yield volatility, and that’s due to the increased frequency and intensity of the high temperatures throughout the Corn Belt.”

2012-09-24 12:53:31

Source: http://www.thedailysheeple.com/epa-4-gallon-minimum-and-us-corn-crisis-mean-profits-for-the-us-government_092012