27 Aug '11, 11pm

BP Fails to Meet E10 Bio-fuel Quota, Passes the Fail On to Customers

BP Fails to Meet E10 Bio-fuel Quota, Passes the Fail On to Customers

E10, of course, is a blend of gasoline that includes approx. 10% bio-ethanol in the mix, which we in the US have been driving on for several years. BP, being a company that exists (essentially) to drill for oil, has a vested interest in making sure biofuels don’t “go big”, so it should come as no surprise that the company didn’t push to meet its E10 goals. What was surprising to me, however, is that BP has (pretty openly!) come forward and simply said that they don’t want to bear the cost of the fines leveled against them, and will shift the payment of its fines directly onto its customers at the pump!

Full article: http://gas2.org/2011/08/27/bp-fails-to-meet-e10-bio-fuel-...

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