Federal Manadates Don’t Meet Capacity Mr. Congressman

I was discussing with one of my associates the other day that federal mandates for ethanol usage don’t come anywhere close to capacity and my friend quipped, “Now you can run for congress.”

When reviewing the numbers, I think he’s right. One has to really question what congress is doing when our federal mandates are more than 2 billion gallons below capacity. Is Congress really trying to reduce our dependence on foreign oil? Can’t Congress put some pressure on the EPA to accelerate the mandates for ethanol or are we being careful not to upset the OPEC cart?

Todd Sullivan had this to say at Seeking Alpha:

That means the “mandate” could have been raised another 20% to 30% and current capacity could have easily handled it.”

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