...why do oil companies use more ethonal than required by the rfs?
I just explained that... because government pays/credits/subsidizes/incentives them to do so.
Government simply moved the subsidy to a different tributary of the river... smoke and mirrors to make the claim they've stopped subsidizing the ethanol industry... but it still dumps into the same damn river.
Government can directly subsidize ethanol artificially making it cheaper than it is, or they can subsidize the users of ethanol (oil companies and fuel suppliers) artificially making it cheaper than it is. The result is the same... the ethanol industry stays afloat via the taxpayer dollar. More ethanol gets used, the taxpayer funds it at one end with subsidies, and at the other end he pays more for gas that he must burn more of to receive the same energy output.
You're taking the screwing at both ends... and you're smiling about it while you wash it down with the Kool-Aid.
And you're still ignoring the fact that the RFS is what makes the whole shell-game work in the first place... as is the Reformulated Gasoline Standard.
If the RFS and RFG didn't exist oil companies/fuel suppliers wouldn't use any oxygenates, including ethanol... unless, of course Government increased the subsidies ten-fold or more to offset the expense with a realized profit proportional to the expense. Renewable and reformulated gasoline standards are a Government forced expense to them (and it ain't a small one neither)... purchasing, storage, infrastructure, man hours, shipping, maintenance, etc., etc., etc. Like I said, the taxpayer is taking it at both ends... the taxpayer funds the subsidies at one end, and at the other end pays for the added expenses subsidies don't cover at the pump.
It's a friggin' shell-game... smoke 'n' mirrors... ain't no magic in it... and it's costing us, and the economy, billions and billions.
All of it perpetrated by special interest and corrupt Government... it's plain theft that a minority get rich and/or gain power from.
And, as far as the jobs "created" by the ethanol industry... what happens to those jobs when this house-of-cards comes tumbling down?? It flat ain't possible for Government to "create" jobs... Government does not "produce", it expends... it-is-what-it-is.
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