'Open Fuel Standard' Proponents Want More Flexible FFVs

Flexible fuel vehicles (FFVs), which in the United States can run on straight gasoline or a gasoline-biofuel blend containing up to 85 percent ethanol (E85), have become more commonplace on the country's roads over the past decade. For proponents of an "open fuel standard," however, the current fleet of FFVs is not flexible enough. Instead, they maintain that American motorists' transportation fuel options can and should be broader.
"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."
12345
View Full Article
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- Further OPEC+ Production Cuts Are Still on the Table
- India to Boost Renewables Capacity, Avoid New Coal Plants
- USA Steel Major Taps ExxonMobil for Carbon Capture
- Aramco Holds Talks with Turkish Firms on $50B Planned Projects
- Kinder Morgan to Expand Gas Capacity at Texas Gulf Coast Facility
- Chevron to Have Wastewater Pipeline for Permian Operation
- Hourly Pay for Shale Workers Tops $43
- ADNOC Drilling Beefs Up Hybrid Land Rig Fleet
- Oil Rises to Settle Above $71
- QatarEnergy to Supply Bangladesh with LNG under 15-Year Deal
- Which Generation Is Most in Demand in Oil, Gas Right Now?
- Exxon and Chevron Shareholders Reject Toughening Climate Goals
- Will the World Hit Net Zero by 2050?
- Exxon Bets New Ways to Frack Can Double Oil Pumped from Shale Wells
- Further OPEC+ Production Cuts Are Still on the Table
- NOAA Reveals Outlook for 2023 Atlantic Hurricane Season
- China Is Drilling a 10K Meter Deep Hole Into Earth's Crust
- Trade Sanctions on Russia Led to Rise in Dark Oil Ship Transfers: Report
- Eni Enters Deal on Powering Maritime Transport with Biofuels
- Commercial Buildings Could Revolutionize UK Solar Power
- Which Generation Is Most in Demand in Oil, Gas Right Now?
- Who Is the Most Prolific Private Oil and Gas Producer in the USA?
- USA EIA Slashes 2023 and 2024 Brent Oil Price Forecasts
- BMI Reveals Latest Brent Oil Price Forecasts
- OPEC+ Has Lots of Dry Powder for Further Cuts
- Could the Oil Price Crash in 2023?
- Is There a Danger That Oil and Gas Runs out of Financing?
- Invictus Strikes Oil, Gas in Zimbabwe
- BMI Projects Gasoline Price Through to 2026
- What Will World Oil Demand Be in 2023?