June 8, 2007
Henry Payne salutes congressional efforts to keep Americans from wasting too much money on gas.
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If all you guys were using hydrogen or driving hybrids like me, we would not have all of these problems ;)
Governmental meddling in the marketplace and politically expedient fuel mandates?
The Ethanol Mandate is a means of keeping gas prices high without looking like it; it forces some amount, usually 10%, of gasoline to be ethanol. The process of doing this is expensive, it also reduces the energy content of a gallon of fuel, forcing consumers to buy more for the same, rasing demand, thus raising prices.
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