ETHANOL INDUSTRY ADMITS E15 WILL CAUSE DAMAGEApril 15, 2012
You have to love the irony. Congressman John Shimkus (R-Collinsville, IL) has introduced legislation “… to prevent lawsuits related to problems with E15 …”.
Hmmmmm, isn’t the headquarters of ADM in Illinois? Ah yes, Corporate Headquarters. Archer Daniels Midland Company 4666 Faries Parkway Decatur, IL 62526. Now it all makes sense.
OK, perhaps it is a bit more complicated. It is true that ADM has donated to congressman Shimkus, but what is more interesting is who congressman Shimkus’ major donors are, the oil and gas industries. Keep in mind that the gasoline producers have stated publicly that they will not produce E15 unless they are immune from damage lawsuits, but they are required to blend more and more ethanol every year until 2022 so it would behoove them to produce E15 to meet their ever increasing quotas. Thus this new legislation will benefit both ADM and big oil. Of course the consumer will continue to get screwed by both big ethanol and big oil.
Luckily you don’t have to buy any E15. The whole silly project is voluntary from start to finish. So why would you buy a product that will decrease your mileage, void your warranty and damage your car? Really makes you wonder what they are smoking over at the ethanol lobby and the EPA.