Tony thoroughly put a lot of crap on top of really interesting information. So, there I repeat it
On Friday, EPA announced additional biofuel blending mandates not just for 2022, but also retroactive mandates that will force refiners to make up for 2020 and 2021 volumes that were previously suspended due to the COVID-19 pandemic.
"Together, these actions reflect the Biden administration's commitment to reset and strengthen the RFS (U.S. Renewable Fuel Standard), bolster our nation's energy security and support homegrown biofuel alternatives to oil for transportation fuel," EPA spokesperson Tim Carroll said. How the move provides any benefit to the nation’s energy security is a real mystery, and Mr. Carroll wasn’t providing details.
The EPA edict will not just raise the cost of refining and distribution of gas and diesel - and thus result in even higher prices at the pump - it will also take millions more tons of corn out of the food supply during a time of growing global food shortages. As such, it is a policy action that prioritizes the making of biofuel that many believe serves no useful environmental or economic purpose over efforts to prevent starvation in developing nations.
The source is https://www.forbes.com/sites/davidb...s-war-on-oil-and-gas-expands/?sh=66bae7b02988.
And yet there is more US oil production under Biden than Trump.Fucking idiot.