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To: TJG who wrote (2641)6/6/1998 1:38:00 AM
From: Gary R. Owens  Respond to of 4142
 
<And under provisions of the 1990 Clean Air Act Amendments, the oil industry started selling a cleaner-burning motor fuel in selected metropolitan areas in 1995, including <c>Dallas and Houston and their surrounding areas.>

Hmmm, too bad we don' t have any connections in that area. LOL.
gary



To: TJG who wrote (2641)6/6/1998 2:40:00 AM
From: Ga Bard  Respond to of 4142
 
I believe DF-144 is going to get a lot of attention as soon as Exxon concludes the testing if not already.

GB



To: TJG who wrote (2641)6/6/1998 9:27:00 AM
From: Joe Copia  Read Replies (2) | Respond to of 4142
 
bold added for emphasis :)

Fuels for America's Future
exxon.com

Remarks by James J. Rouse
Vice President -- Washington Office, Exxon Corporation

Today, I want to tell you about an issue under discussion in this country that many people may not know about.

This issue is vitally important to all Americans, since it has to do
with how we'll meet our energy needs in the years ahead. How this issue is resolved will affect you, our economy, our environment, and even the way we live.

Since 1970, a number of laws and regulations have been developed to improve the quality of the air we breathe. These rules have been aimed at reducing air emissions from stationary sources, such as factories and manufacturing plants -- and mobile sources, such as cars and trucks.

Significant investments have been made to reduce these emissions, and there's been good progress in cleaning up the air.

As the nation seeks to make further improvements, it's especially
important that we do so in the most cost-effective way, using the
results of sound scientific analysis.........

..... Government Mandates and Subsidies For Alternative Fuels

And that brings us to the third broad issue for your consideration
-- the matter of government support for alternative fuels through
mandates and subsidies.

"Alternative fuels" include liquefied petroleum gas, compressed natural gas, liquefied natural gas, methanol, ethanol, and electricity.

The Energy Policy Act of 1992 requires federal, state, and some private fleets to purchase vehicles that run on such fuels.

It also sets a goal of replacing 10 percent of the nation's petroleum motor fuels with alternatives by the year 2000. That goal rises to 30 percent by the year 2010.

Despite its excellent emissions performance, and its ability to meet
emissions standards, reformulated gasoline is not considered an alternative fuel, simply because it's made from oil.

Thus, on the one hand, to comply with the Clean Air Act, refiners
have been making huge investments -- as much as $10 billion by some estimates -- to manufacture reformulated gasoline.


On the other hand, the Energy Policy Act takes away part of the market for the new fuel and undermines those investments.

Today, the federal government promotes alternative fuel use through subsidies and outright mandates. These federal subsidies are estimated to currently exceed $1 billion annually. On top of that, many states have similar policies.



To: TJG who wrote (2641)6/6/1998 2:06:00 PM
From: Jay Lowe  Respond to of 4142
 
Excepts of speech given by James J. Rouse Exxon VP

"Reformulated Gasoline: Most Cost Effective Way To Reduce Emissions

We've taken this one step further by comparing the total capital and operating costs and reduction in emissions for each of these fuels. We made these comparisons using long-range cost figures and assuming the alternative fuel vehicles would be mass-produced, and therefore relatively less expensive than they are today. For instance, we assumed that mass production could reduce the higher cost of natural gas vehicles by about two-thirds.

Even with that assumption, reformulated gasoline was found to reduce emissions at a cost lower than that of alternative fuels. In fact, it's generally several times less costly in reducing emissions than M85, E85, or electric vehicles."

"Government Mandates and Subsidies For Alternative Fuels
And that brings us to the third broad issue for your consideration -- the matter of government support for alternative fuels through mandates and subsidies.

"Alternative fuels" include liquefied petroleum gas, compressed natural gas, liquefied natural gas, methanol, ethanol, and electricity.

The Energy Policy Act of 1992 requires federal, state, and some private fleets to purchase vehicles that run on such fuels.

It also sets a goal of replacing 10 percent of the nation's petroleum motor fuels with alternatives by the year 2000. That goal rises to 30 percent by the year 2010.

Despite its excellent emissions performance, and its ability to meet emissions standards, reformulated gasoline is not considered an alternative fuel, simply because it's made from oil.

Thus, on the one hand, to comply with the Clean Air Act, refiners have been making huge investments -- as much as $10 billion by some estimates -- to manufacture reformulated gasoline.

On the other hand, the Energy Policy Act takes away part of the market for the new fuel and undermines those investments.

Today, the federal government promotes alternative fuel use through subsidies and outright mandates. These federal subsidies are estimated to currently exceed $1 billion annually. On top of that, many states have similar policies.

This is happening even though there's no proof that alternative fuels are better than reformulated gasoline in energy security, consumer convenience, vehicle costs, or cost-effectiveness in reducing emissions."