... Consequently, refiners are up against a «blend wall» as the mandate forces them to
purchase more ethanol than they can safely put into gasoline.»
Not exact matches
• Since 2007, the RFS, which requires fuel retailers to blend corn
ethanol into the gasoline they sell, has saddled American motorists with
more than $ 10 billion per year in extra fuel costs above what they would have paid if they had
purchased gasoline alone.
Therefore, food producers, which compete directly with
ethanol producers in the upstream market for
purchasing corn, will have to pay
more for corn.