Okay, officially color me confused. My hand to God, I honestly thought the Obama Administration was in favor of green energy. (You in the back, yes you with the retirement package from Solyndra, quit laughing or leave the room.).
After all, wasn’t this the president who had touted the benefits of running your sub-sub compact on fuel derived from algae just a few short months ago?
Yes it was. And despite the fact that I stand behind the job growth inherent in, and affordability of traditional fuels, like any reasonable person I support keeping the options box full when it comes to energy, and that includes biofuels.
And a president who is courting the granola vote should be in favor of biofuels which are the epitome of renewable resources, since all one has to do is plant more. It doesn’t get much greener than that. Think of the convenience: Your next tank of gas could be sprouting right now next to your green beans.
Or maybe not.
The Administration and its pitbull, the Environmental Protection Agency have not exactly been friendly to the biofuels industry. That may seem odd on spec, but then again this is the same president who took credit for natural gas production by private companies on private land, so it only seems fitting that the same president could tout the benefits of super high-test algae on one hand, while cutting the roots out of the biofuels industry with the other.
According to George Landrith, President of Frontiers of Freedom and biofuels advocate, the EPA is planning new and intrusive regulations and policies on companies developing biofuels, as opposed to allowing entrepreneurs who have a vested interest in creating a quality product at an attractive price find innovative ways to solve the present fuel crisis.
And it may be unrelated, (somehow, I doubt it) but while many favor non-food biofuels made from wood products, grasses and algae; Landrith notes that the EPA is considering a 50% increase in ethanol mandates and also alleges that some ethanol producers have been hard at work lobbying the government to increase ethanol requirements in gasoline from 10 to 15% and thus increase the demand for their product.
That, notes Landrith, would not sit well with vehicle engines, but would in fact provide ethanol providers with “a little walkin’ around money.”
It would appear that be it electric cars or biofuels, this administration is more interested in Cash, Command and Control than it is in providing real energy solutions.
I would pity the poor fuel fools who believe him, were the rest of us not being dragged behind this electric car of an administration headed straight for an economic runaway ramp.
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for July 24th, 2014 | John Ransom
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for July 23rd, 2014 | John Ransom