Educational organization advocates for advanced biofuel as energy security, military flexibility, economic develpmnt, pollution control, climate change solution
It is priced as a spread to gasoil futures. Gasoil followed crude up. So SAF followed crude up, even though nothing in SAFโs actual supply chain or feedstock costs had changed. [...] The production side is decoupled. The pricing side is not.
... One vehicle platform, many fuel options: that is the real efficiency gain". -- ๐๐ถ๐ด๐ฉ๐ข๐ฏ ๐๐ช๐ต๐ณ๐ข, ๐๐ช๐ณ๐ฆ๐ค๐ต๐ฐ๐ณ, ๐๐ณ๐ช๐ฏ๐ต๐ฆ๐ณ & ๐๐ถ๐ฃ๐ญ๐ช๐ด๐ฉ๐ฆ๐ณ ๐ฐ๐ง ๐๐ฉ๐ฆ ๐๐ช๐ฐ๐ฏ๐ฆ๐ฆ๐ณ
Speaker Mike Johnson (R-La.) and House Majority Leader Steve Scalise (R-La.) voted against the bill, while House Majority Whip Tom Emmer (R-Minn.) voted in favor.
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#E15#Bioethanol#Ethanol#SciencePolicy#Legislation
The vote was 218-203, with 122 Republicans, 95 Democrats and 1 independent voting in favor, and 90 Republicans and 113 Democrats opposing the bill. It also split the votes of Republican leadership.
๐ง๐ต๐ฒ ๐ฃ๐ฎ๐ฟ๐ฎ๐น๐น๐ฎ๐ ๐ผ๐ณ ๐ข๐ถ๐น ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ๐
๐ฃ๐บ ๐๐ช๐ฎ ๐๐ข๐ฏ๐ฆ (๐๐ช๐ฐ๐ง๐ถ๐ฆ๐ญ๐ด ๐๐ช๐จ๐ฆ๐ด๐ต)
In astronomy, parallax describes how an object appears to shift depending on the observerโs position. Oil prices behave similarly. When prices are low, the world appears stable.
Not completely, of course. Oil remains deeply embedded in transportation, agriculture, petrochemicals, and global trade. But a gallon containing 85% domestically produced ethanol contains less embedded geopolitical exposure than a gallon containing 10%. That matters.