Why Are FFV Club Members So Important?
Why do FFVs owners and new FFV buyers hold the key to America’s
energy future?
The nation’s renewable fuel standard (RFS) was expanded
in the Energy
Independence and Security Act of 2007
to require gasoline refiners/blenders to use 36 billion gallons
of renewable fuels by 2022.
By the end of 2008 United States will be able to produce and
use about 10 billion gallons of ethanol. It is unlikely gasoline
refiners can blend ethanol at a 10% level into every gallon of
the 150 billion gallons of gasoline sold in the United States.
Therefore only 12-13 billion gallons of ethanol can be consumed
each year at a 10% volume level. That means FFVs owners will
soon play a critical role in the growth and continued success
of the nation’s renewable fuel standard and the federal
ethanol program. The continued success of this law and standard
is critical to the continued evolution of new and advanced vehicle
and renewable fuel technologies. If we don’t get it right
this time, it may take an even longer time to prove again that
Americans care enough to act.
Why do you want the U.S. to get past 15 billion gallons of ethanol
production? The first 8 billion gallons of ethanol blended into
gasoline already saved you 50 cents per gallon on gasoline and
saved the world $619 billion on crude oil – just this year.
The Energy Independence and Security Act of 2007 capitalizes
on the ability of renewable fuels to reduce foreign oil dependence
and greenhouse gas emissions and provide meaningful economic
opportunity across the country. This places America firmly on
a path towards even greater energy stability and sustainability – and
the freedom of vehicle and fuel choice.
According to a January 2008 study, the economic impact of a 36
billion gallon RFS will:
- Add more than $1.7 trillion to the Gross Domestic Product
between 2008 and 2022;
- Generate an additional $436 billion of household income for
all Americans during the same time period;
- Support the creation of as many as 1.1 million new jobs in
all sectors of the economy; and,
- Generate $209 billion in new Federal tax receipts.
And you hold the FFV key to America’s economic, environmental
and energy security treasure chest. Someone needs to use more
ethanol in their car to protect this landmark legislation. Is
it going to be you? Are you going to change the world or continue
hoping someone else will? Are you tired of just complaining?
JOIN THE CLUB!
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