The amount of ethanol used in motor fuel would triple under provisions of a national energy policy bill (S. 1766) introduced last week by Senate Majority Leader Tom Daschle (D-SD) and Energy Committee Chairman Jeff Bingaman (D-NM). The measure would require the Environmental Protection Agency to mandate that increasing amounts of renewable fuels, primarily ethanol, be blended into gasoline sold in the United States over a 10-year period, starting in 2003. About 1.7 billion gallons of ethanol will be added to gasoline this year, according to industry sources. That number will increase to 5 billion gallons in 2012 under the Dashle-Bingaman bill.

Originally posted on Fleet Financials