Oil companies fined 6.8 million by EPA
In 2011 EPA fines oil companies 6.8 million to blend this cellulosic additive in the bio-fuel, but this chemical does not exist for commercial sale.
2012 oil companies will be fined again for not blending 6.6 million gallons of gas and 8.65 million gallons with wood chips.
Guess who actually pays for this? YOU
The oil companies will pass the cost along to the consumer just like taxes, fees, fines etc..
Alaskan Airlines is spending 17 bucks a gallon and Lufthansa is using 40 tons of bio-fuel now at an undisclosed cost.
Navy spending 26 bucks a gallon normally 3 bucks a gallon
Air Force spending 58 bucks per gallon normally $3.60 cents
Refiners association argues they are finding new resources are being discovered every day, but heavy restrictions are keeping production down.
EPA spokesperson claims the 8.65 million gallons was “reasonably attainable”. Then why couldn’t oil companies buy it?
Why are they being forced to buy it and get fined?