Adding Ethanol To Gasoline May Boost Global Oil Use: Study - Green Car Reports
Gasoline consumption is on the rise, and that could in turn increase demand for ethanol--temporarily synchronizing the goals of oil producers and biofuel advocates. DON'T MISS: Bills To Kill Renewable Fuel Law, Ban E15 Ethanol Fuel Likely Doomed. A study from the University of California-Berkeley (cited by HybridCars in covering the Reuters article) points out that while increasing the percentage of ethanol in the U. S. fuel supply would lower gas consumed in this country, it could raise... Under the Renewable Fuels Standard passed by Congress in 2007, a given amount of ethanol must be blended with gasoline. So when gasoline consumption goes up, so does ethanol consumption. Gasoline demand is expected to climb 1. 5 percent this year, enough to accommodate small increases in the ethanol quota without hitting the so-called "blend wall. This is a cap of around 10 percent ethanol for the total gasoline and diesel supply recognized by most refiners. Source: www.greencarreports.com
