US raises ethanol fuel standard for 2009
The federal government is raising the target for the amount of ethanol used in the US petrol supply to 11.1 billion gallons.
The US Environmental Protection Agency (EPA) has set its 2009 Renewable Fuels Standard at 10.21%, equating to 11.1 billion gallons of ethanol.
The 2008 RFS was 7.76%, or an approximate 9 billion gallons.
The US Energy Independence and Security Act of 2007 formed a target of 36 billion gallons of ethanol to be used annually in transportation fuels by 2022.
According to the Federal Trade Commission there are 160 companies involved in ethanol production in the US as of September, up 57 from last Q3 year. The largest producers account for about 11% of US ethanol production compared with 16% in 2007.
The US Environmental Protection Agency (EPA) has set its 2009 Renewable Fuels Standard at 10.21%, equating to 11.1 billion gallons of ethanol.
The 2008 RFS was 7.76%, or an approximate 9 billion gallons.
The US Energy Independence and Security Act of 2007 formed a target of 36 billion gallons of ethanol to be used annually in transportation fuels by 2022.
According to the Federal Trade Commission there are 160 companies involved in ethanol production in the US as of September, up 57 from last Q3 year. The largest producers account for about 11% of US ethanol production compared with 16% in 2007.
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