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Research Analyst
Fuel Freedom Foundation
It seems like every week another major automaker announces it will “electrify” its vehicle lineup. In just the past few months, Mercedez-Benz, Ford, Audi, Maserati, GM, BMW, and more have committed to electrification by adding more electric vehicle (EV) options to their fleet. What makes these announcements particularly intriguing is that many of the automakers are following the electrification model of Volvo. They’re not just offering a few brand-new vehicles that run solely on electricity. They’re building plug-in hybrid models that can use both gasoline and electricity, and hyper-efficient models that run solely on gasoline but utilize an electric motor… [more]
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Research Analyst
Fuel Freedom Foundation
In the wake of Hurricane Harvey, the average price of a gallon of gasoline nationwide spiked by 25 cents, with some states seeing an increase of as much as 42 cents per gallon. This is the largest increase in a single week since the 49-cent jump following Hurricane Katrina in 2005. The fact that the entire nation’s fuel infrastructure can be disrupted by a localized single event is deeply concerning. In fact, our economy is disproportionately reliant on oil —10 of the previous 11 U.S recessions were preceded by a spike in oil prices (and subsequently gasoline). Indeed, as Michael… [more]
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In November, 2013, EPA announced a highly contentious proposal that lowered the 2014 Renewable Fuel Standard targets below their 2013 levels. These targets apply to the amount of renewable fuels that are blended into the nation’s gasoline supply. A year later, EPA abandoned the proposal after significant push back from the renewable fuel industry, agreeing to reconsider the 2014 targets. EPA has yet to reissue the proposal. The American Petroleum Institute (API) and the American Fuel and Petrochemical Manufacturers (AFPM) filed a lawsuit over the delay, contending that they are left guessing how much ethanol they were required to use last… [more]
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Managing Director, Industrial & Environmental Section
Biotechnology Industry Organization
A recent editorial in the Wall Street Journal, co-signed by Rep. Patrick Meehan (R-Pa.), argues that growing renewable fuel obligations under the federal Renewable Fuel Standard (RFS) have come into direct conflict with declining U.S. demand for transportation fuel. The editorial asserts that current fuel distribution infrastructure and automobile engine guidelines limit the amount of ethanol that can be blended into gasoline to 10 percent, creating a “blend wall” beyond which further blending of ethanol becomes economically unreasonable. Meanwhile, in response to high fuel prices, consumers have radically curbed their driving habits and sought out new cars that meet more… [more]
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