From that bastion of unbiased "reporting", the Associated Press:
"The legislation would require ethanol production for motor fuels to grow to at least 36 billion gallons a year by 2022, a sevenfold increase over the amount of ethanol processed last year.
It calls for boosting auto fuel economy to a fleet average of 35 MPG by 2020, a 40% increase over current requirements for cars, SUVs, vans & pickup trucks.
The legislation also calls for:
Price gouging provisions that make it unlawful to charge an 'unconscionably excessive' price for oil products, including gasoline."
Gee, a few questions come to mind:
1 - How much more will YOU be willing to pay for food as more and more of the nation's agricultural capacity goes to producing corn for ethanol?
2 - Wow - 35 MPG by 2020; now THAT'S a great victory, Harry!
3 - After bazillions of Senate "investigations" why have The Evil Oil Companies NEVER been shown to have engaged in "price-gouging" or "market manipulation"?
2007-06-22
04:30:01
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5 answers
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asked by
Anonymous
in
Other - Politics & Government