RUEFUL STANDARDS

摘要

It’s safe to say Harold Hamm,chairman and CEO of Continental Resources Inc.,is not the world’s biggest fan of ethanol.It’s particularly bad for lawnmowers and boat motors.”Do not put it in a marine engine,”Hamm said.More than any other time in the past century,oil and gas companies face challenges from a fuel federally mandated by the Renewable Fuel Standard.Hamm sees the debate over ethanol as much ado about nothing and defends Trump’s decisions,which have caused heated disagreements.In May,the Environmental Protection Agency(EPA)finalized regulatory changes to allow gasoline blended with up to 15% ethanol,as well as the ability to sell it year-round.While the corn-based fuel will be available,Hamm said there are no obligations for gas stations to sell it.The ethanol used now is the result of the government’s role in the free market,Hamm said.”Really what drives that 10% [ethanol blend] are those mandates.Those go off,those are set to start reducing and that’s happening,”he said.”I think beginning this year,that reduction starts occurring.”