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Ethanol: A victim of change as gasoline sales have flat lined

from Green Car Reports

Eight years ago, ethanol was going to let the U.S. grow its own vehicle fuel, reduce its use of gasoline made from imported oil and boost energy security. How much have you heard about those themes lately? Not much, we'd wager. A lot has changed since the 2007 passage of the Energy Independence and Security Act, which set volume requirements for biofuels to be blended into U.S. fuel supplies. A high-level look at the current state of ethanol suggests that it has fallen victim to several forces that have combined to reduce the need for the volumes specified almost seven years ago. more


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