EPA Sets Biofuel Supply Requirements to Decrease Fossil Fuel Reliance

Oil and gas industry say the agency is trying to make a ‘broken’ system work

The Environmental Protection Agency will require oil refiners to blend 16.55 billion gallons of renewable fuels into the nation’s gasoline supply this year as part of its efforts to spur new fuel technology and decrease fossil fuel dependence.

End of Ethanol

Critics take aim at tax breaks for ethanol subsidies

Once heralded as the key to kicking America’s foreign oil addiction by Republicans and Democrats alike, ethanol’s political fortunes have faded and the industry’s future is unclear amid a growing chorus of critics.