How Mandating Ethanol Use Makes Your Big Mac More Expensive
- 12/10/2013
- AEA
- Facts, News, Products and Power, Renewable Fuel Standard, Threats
Have you noticed the price of beef, chicken, and eggs going up in recent years? This is what happens when federal laws require turning food into fuel. The Renewable Fuel Standard (RFS) requires refiners to blend ethanol into the nation’s fuel supply. Because the only domestic source of cost-effective ethanol is corn-based ethanol, this means […]