You can’t just sell gas anymore.
Most people don’t realize it, but what they’re pumping into their car’s tank isn’t actually gasoline, properly speaking. It’s gasoline mixed with ethanol alcohol – the ratio currently set at 10 percent ethanol and 90 percent gas (E10).
“Diesel” often isn’t exactly diesel, either.
There is a law called the Renewable Fuel Standard. It requires the “blending” of oceans of corn con ethanol and biodiesel boondoggle into the general fuel supply – ostensibly, to reduce America’s dependence on foreign (and non-renewable) oil.
Like so much that government does, it sounds good – but what it actually does isn’t so good.
The RFS has raised refining and distribution costs as well as the cost to motorists, who not only pay more for the Uncle-adulterated fuel but also for the fuel systems in their vehicles, which have had to be modified to be compatible with the not-quite-gas (and sort-of diesel) fuels the government is pushing.
These adulterated fuels are also – ironically – less efficient. A gallon of pure gas will take you farther than a gallon of 90 percent gas and 10 percent ethanol because the gallon of gas contains more energy than a gallon of E10.
As is almost reflexively true of everything the government mandates, we get less – and pay more for it.
But that doesn’t mean someone’s not making a buck – as is also usually true when government intervenes in the market.