Source: American Ethanol Racing
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Balancing America's Need for Food and Fuel. http://www.foodandfuelamerica.com
The Center for Agricultural and Rural Development (CARD) released on May 15 a study by economists at the University of Wisconsin and Iowa State University examining the impact of increased ethanol consumption on wholesale gasoline prices. The study, authored by Professors Dermot Hayes and Xiaodong Du, is an update to a 2009 peer-reviewed paper published in the journal Energy Policy.To enable widespread use of E15, the Obama Administration has set a goal to help fueling station owners install 10,000 blender pumps over the next 5 years. In addition, both through the Recovery Act and the 2008 Farm Bill, the U.S. Department of Energy (DOE) and U.S. Department of Agriculture have provided grants, loans and loan guarantees to spur American ingenuity on the next generation of biofuels.
Today’s action follows an extensive technical review required by law. Registration is a prerequisite to introducing E15 into the marketplace. Before it can be sold, manufactures must first take additional measures to help ensure retail stations and other gasoline distributors understand and implement labeling rules and other E15-related requirements. EPA is not requiring the use or sale of E15.
Ethanol is considered a renewable fuel because it is generally produced from plant products or wastes and not from fossil fuels. Ethanol is blended with gasoline for use in most areas across the country. After extensive vehicle testing by DOE and other organizations, EPA issued two partial waivers raising the allowable ethanol volume to 15 percent for use in model year 2001 and newer cars and light trucks.
E15 is not permitted for use in motor vehicles built prior to 2001 model year and in off-road vehicles and equipment such as boats and lawn and garden equipment. Gas pumps dispensing E15 will be clearly labeled so consumers can make the right choice."
NASCAR announced this week that it has accumulated more than one million miles of driving this season in the Sprint Cup, Nationwide and Camping World Truck series using Sunoco Green E15 as fuel. The release of the report is particularly timely because this week, the Environmental Protection Agency, and environmental officials and Americans nationwide are celebrating National Pollution Prevention Week. According to the EPA, pollution prevention is the cornerstone of sustainability.
"Before NASCAR switched its fuel to Sunoco Green E15 at the start of the 2011 racing season, there was extensive analysis and deep consideration about the decision," said Mike Lynch, managing director of Green Innovation for NASCAR. "Successfully transitioning to the new fuel and surpassing a million miles, all on America's toughest proving ground, is a validation of Sunoco Green E15 as a high-performance racing fuel and is part of our overall effort to go green.
NASCAR is proud to use this American-made product because it creates American jobs while also reducing harmful emissions."