East Central South Dakota | The RINS were established as a mechanism to gain market access to a market monopolized by big oil. 50 percent of the gasoline canopies at the time were owned by big oil. Big oil is not going to displace their own product with billions of dollars invested in infrastructure with ethanol. The consumer cannot chose to use ethanol if it is not provided as a choice. The economic hardship was not determined by the quality or competitiveness of the product, but by the scale of the refinery and its geographic location. Haters will always hate ethanol and nothing I can say will change that. Just remember whether we like it or not the consumer is driving the energy market to above ground generation. Below ground carbon fuels are on the way out.
Just a little humor, glad to hear your Prime Minister Justin Pierre James Trudeau has tested negative for the CORVID-19 virus. He is suffering from menstrual cramps and a yeast infection. |
CEO of American Coalition for Ethanol says 2B gallons will be lost
