Over a Barrel Blog
It’s “Energy Week,” and the Trump administration has been touting U.S. potential to achieve international dominance thanks to American-made sources for power generation and transportation fuel.
For nearly a decade now, most gasoline sold in the U.S. has contained 10 percent ethanol. This allowed us to do away with toxic additives like BTEX and reduce our dependence on foreign oil.
Could the Middle East’s dispute involving Qatar and several of its neighbors lead to higher prices at a pump near you? Absolutely.
Our over-reliance on oil has dangerous consequences. When you pay at the pump, your hard-earned cash isn’t just going to oil companies — it also fills the pockets of terrorists and hostile regimes that harbor dangerous ideologies.
In a country soon to have a population of 325 million, it’s easy to assume that a single person can’t possibly make a difference. But great movements spread from person to person. Eventually, lonely voices become a chorus demanding change. This is what’s happening with fuel choice.
Fuel choice has always suffered from the age-old chicken and egg problem: Businesses don’t want to provide alternative fuels, and the vehicles that can run them, unless there’s a demonstrable demand. Meanwhile, consumers won’t (or can’t) show businesses there’s a demand for these vehicles and fuels until they’re readily available.
The road to fuel choice leads through the halls of power in Washington, D.C., and state capitol domes. Breaking the oil monopoly will require a combination of federal and state policies; widely available fuels and the cars to run them; and, finally, an educated and willing consumer base.
Fuel choice is at the heart of our mission: All we’ve ever wanted is for drivers to be able to choose the fuel that’s right for their vehicles and their budgets. It’s a basic right we’ve never had, because oil has a stranglehold on the transportation fuels market in America.
It’s more than you think.
How is that possible? Let’s break it down.