Tag Archives: ethanol

Eight years have passed since the Renewable Fuel Standard, or RFS, was first enacted; today, legislators are examining the effects of this landmark law. The ongoing debate often centers on corn ethanol and its effects on corn prices, the amount of renewable fuel that can be blended with conventional gasoline, and the oil savings and environmental benefits. Critics argue that …

  The public and media were outraged recently after a suggestion that petrol (gas) stations could be closed from 8 p.m. to 8 a.m. to curb consumption. Oil import is the heaviest burden on India’s foreign exchange, at $144 billion last year. The situation could get worse, given the potential for an increase in crude prices with further destabilization in …