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| Here is an article that explains and charts why ethanol is secure with 10% of our fuel supply, it is the cheapest, cleanest, and most concentrated octane booster available.
http://ethanolproducer.com/articles/13028/economists-ethanol-retain...
I think BTX is around 25% in E0 and up to 40% in E0 premium.
The oil company demand for ethanol blew away the first 2005 mandates and they had to greatly raise them in 2007 but even then the oil company demand outpaced those higher mandates albeit things slowed down as we approached their desired sweet spot of 10% which coincidently (or perhaps not so coincidently) about matches the maxed out ethanol mandate of 15 billion gallons per year.
The CBO had a study done that came to the same conclusion.
>>>>>>CBO expects that roughly the same amount of corn ethanol would be used in 2017 if fuel suppliers had to meet requirements equal to EPA’s proposed 2014 volumes or if lawmakers repealed the RFS, because suppliers would probably find it cost-effective to use a roughly 10 percent blend of corn ethanol in gasoline in 2017 even in the absence of the RFS. Therefore, food prices would also be about the same under the 2014 volumes scenario and the repeal scenario.
By contrast, corn ethanol use in 2017 would be about 15 percent (or 2 billion gallons) higher under the EISA volumes scenario. CBO estimates that the resulting increase in the demand for corn would raise the average price of corn by about 6 percent. However, because corn and food made with corn account for only a small fraction of total U.S. spending on food, that total spending would increase by about one-quarter of one percent.<<<<<<<
PS If all else fails, it is now relatively easy to turn ethanol into gasoline, diesel, and jet fuel etc:
http://ethanolproducer.com/articles/12882/doe-ethanol-to-hydrocarbo...
Oil was >$100/ barrel in the first half of 2014 which was not long ago, though it would not work economically to convert ethanol to gasoline right now, it does mean there is no future(would be like grinding filet minion into hamburger though). We used to import oil from Mexico, now we export them oil, the North Sea has drastically lost production, and the largest oil field in the world is now pumping >98% water in Saudi Arabia. The Saudi's are >>not<< trying to take over Yemen and drill in the ocean because their reserves are plentiful.
Edited by Fletch 2/6/2016 08:31
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E & E continued.
