In response to:

The Renewable Fuel Standards Boondoggle

geotay Wrote: Dec 06, 2012 2:44 PM
Who says it was "created with the best of intentions"? If it were and it turned out so bad, why didn't they cut it off?

Although it was created with the best of intentions, the federal government’s Renewable Fuel Standard (RFS) program has become one of the worst and most costly boondoggles ever foisted on the American public.

Its goal was to reduce American dependence on foreign oil and incentivize the fledging renewable fuel industry. But in the hands of the Obama Administration’s Environmental Protection Agency (EPA), it has become a nightmarish mess of out-of-control mandates, over-the-top bureaucracy, and out-and-out fraud.

The RFS was launched in 2005 to ensure that renewable fuels were blended into the nation’s motor vehicle fuel supply. In 2007, RFS2 raised...