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| Up to 2006 the EPA only required 5.5% ethanol (or equivalent oxygenate) to meet the oxygenate requirement. After 2006 there is no legal requirement that oxygenate be blended because they assumed that all gasoline would contain 10% ethanol. There are gasolines made & legally sold that don't contain any ethanol due to this loophole.
Supposedly, as long as the oil company sells enough E10 or equivalent to meet their RINs requirements they can sell a portion of non-ethanol gasoline.
That's why the RINs enforcement was so important. The RINs was the mechanism to make them meet the goal. | |
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So they took Our best customer China from us and now our next best customer ethanol??
