The Naked Truth about Big Oil and the RFS
Jul 29, 2013
The addition of cellulosic production at an ethanol plant in Galva, Iowa is another example of the evolution taking place in biofuels production. Traditional corn to ethanol plants serve as bridges to second generation ethanol production that will use multiple raw materials and help diversify our fuel supply. While critics try to dismantle and discredit the Renewable Fuels Standard, the evidence supporting its success continues to mount. Not only is our dependence on foreign oil being reduced but so too is our dependence on corn alone to make ethanol. Along with corn stalks we are also seeing development of fuel production from wood chips to garbage. No wonder Big Oil is fighting so hard to stop E 15 and the RFS. They can see the threat to their monopoly and are trying to cut it off before the public realizes what's possible. Without the threat of a reduced food supply the oil industry will have trouble convincing people to buy only their products. Already seeing corn prices drop with the RFS still in place, no wonder Big Oil and Big Food are getting desperate. Their cries of wolf and the sky is falling are starting to sound more and more hollow. Gas and food prices continue to rise regardless of corn prices or ethanol. While trying to protect an empire we are starting to see the emperor has no clothes!