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Saturday, July 21, 2012

Obama's Gone Mad

This is happening in the United States of America:
EPA: Thou Shalt Purchase Fuel That Doesn't Exist
By W.A. Beatty, American Thinker

[T]he phrase "Well, here's another nice mess you've gotten me into!" pretty well sums up EPA director Lisa Jackson's decision to enforce the EPA rule that mandates that oil refiners blend cellulosic ethanol into gasoline, diesel, and jet fuel, among other products.

The nice (or fine) mess? Cellulosic ethanol does not exist commercially! It exists in small quantities in labs, but there is simply no way for oil refiners to honor the EPA mandate. But did that little problem cause Jackson to change her decision? Nooooo, to quote John Belushi on SNL.

The EPA fined refiners a $6.8-million penalty for not following its edict. The American Petroleum Institute (API) and the American Fuel and Petrochemical Manufacturers (AFPM) in February 2011, and, in January 2012, appealed the fine and asked Jackson to review her decision. She refused to reverse her decision, then had the gall (and bad taste) to close her refusal letter with "We thank you for your interest in these issues."

"EPA's decision is arbitrary and capricious. We fail to understand how EPA can maintain a requirement to purchase a type of fuel that simply doesn't exist," said Charles Drevna, president of AFPM.

That $6.8-million fine, if oil companies are doing their job (and they had better, since I am a stock holder), will be passed on to consumers -- that's you and me. So, ultimately, we will pay $6.8 million to the EPA because of Jackson's stupidity. [link]
Can it get any more bizarre?

Can these people in Washington get any more out of touch?