Open Fuel Standard Act (H.R. 2493) which would require 30 percent of new automobiles in 2015, 50 percent in 2016, and 50 percent in each subsequent year, to operate on nonpetroleum fuels in addition to or instead of petroleum based fuels. The bill also features original co-sponsors Reps. Steve Israel (D-NY-03), Allyson Schwartz (D-PA-13), Tom Cole (R-OK-04), Collin Peterson (D-MN-07) and Del. Madeleine Bordallo (D-Guam).
bill allows the full array of existing technologies – including flex
fuel, natural gas, hydrogen, ethanol, methanol, biodiesel, plug-in
electric drive, and fuel cell – as well as a catch-all for new
technologies. This requirement would provide certainty to investors
encouraging the production of alternative fuels and fueling stations and
to have a variety of pumps supplying those alternative fuels.
Engel said, “Our economy and our national security are threatened by
our dependence on foreign oil. An Open Fuel Standard will help us to get
off our oil addiction. For several years, I have championed bipartisan
legislation to apply an Open Fuel Standard to all vehicles sold in
America – not just those in the federal fleet. I believe achieving
energy independence for our nation is of the utmost importance. We are
reliant upon too many foreign governments, many of whom are far from
friendly, for our oil supply. Our transportation sector is by far the
biggest reason we send $600 billion per year to hostile nations to pay
for oil at ever-increasing prices. Only through technology changes in
our transportation sector will we make a substantial impact on our oil
dependence.” Rep. Engel is a senior member of the House Energy and
Rep. Ros-Lehtinen said, “An open
fuel competition in our transportation sector is one of the easiest ways
we can bolster our national security. Instead of providing billions of
dollars to regimes antagonistic to the United States, taxpayers can
reinvest their money into the American economy and jobs by supporting
all of the booming fuel industries here at home. The Open Fuel Standard
Act will allow all fuels, including traditional gasoline, to compete for
the American consumer, lowering the price of fuel, and strengthening
our energy and national security.”
Americans send $600 billion overseas to buy oil mostly to power our
transportation economy, which is 95% dependent on gasoline and diesel
fuel. The Open Fuel Standard is an immediate and effective way to
strengthen national security, lower the cost of fuel, and requires no
expenditure from the federal government. Providing new cars with
flexible fuel capability would cost around $100 per car and provide huge
dividends to the consumer.
Rep. Engel has added the
Open Fuel Standard as an amendment to 10 appropriations bills over the
last three years to conform with President Obama’s 2011 Memorandum on
Federal Fleet Performance, to require all new light duty vehicles in the
federal fleet to be alternate fuel vehicles, such as hybrid, electric,
natural gas, or biofuel, by December 31, 2015.
Israel said, “An open fuel standard will decrease our dependence on
foreign oil while also lowering the cost of fuel for American consumers.
We must reduce our reliance on foreign oil, and an open fuel standard
is the perfect place to start. I encourage my colleagues to pass this
common-sense, bipartisan bill.”
Rep. Schwartz said,
"The bipartisan Open Fuel Standard Act is simply common sense. It will
decrease our dependence on oil produced by unstable, politically
volatile countries, while driving economic growth and protecting our
Rep. Cole said, “We live in a nation
teeming with great minds and innovators. For years, we’ve overlooked
development and potential use of alternative fuels and instead retained
an unhealthy dependence on foreign oil. I am pleased that this
legislation encourages the use of alternatives, including natural gas.
Oklahoma energy companies have made great strides in discovering,
drilling and refining the rich supply of natural gas across the country,
and their innovation will do much to move our country away from our
dependence on non-domestic sources of energy.”
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Thursday, June 27, 2013
Saturday, June 22, 2013
"What we see today is the complete absence of any kind of coherent plan for the future of energy, including the future of transportation fuels," said John Hofmeister, the former president of Shell Oil who retired from the company in 2008.
"We are just harming ourselves economically by staying on the course we're on," added Hofmeister, who currently heads the energy policy non-profit advocacy group Citizens for Affordable Energy. In addition, he sits on the advisory board for Fuel Freedom Foundation and serves on the United States Energy Security Council.
The former Shell executive contends that making alternative – or "substitute" – transportation fuels such as compressed natural gas (CNG), liquefied natural gas (LNG), ethanol and methanol more widely available to motorists would unleash a new wave of entrepreneurship, technological innovation and job creation throughout the United States. Moreover, he said that such a scenario would provide consumers a buffer against the price volatility of crude oil.
Hofmeister, who articulates his views on energy policy in the 2010 book “Why We Hate the Oil Companies”, does not oppose the continued use of the conventional oil-based fuels gasoline and diesel; rather, he simply advocates giving consumers more fuel choices. Using a supermarket analogy, he pointed out that shoppers can select different products according to their tastes and budgets. He asserts that motorists, likewise, should have more options when fueling their vehicles.
"You can choose high-end, medium-end or low-end groceries," Hofmeister said. "What we lack in terms of transportation fuels is preference, and I think there's something wrong with that."
Read the rest of the article here.