The California Air Resources Board (CARB) recently issued standards that will lead to refiners putting 10% ethanol in their gasoline, up from 5.7% in most of the state. As a result, one of the nation’s largest oil companies – Tesoro – is suddenly so concerned about pollution and food costs that they’ve filed as lawsuit against CARB, saying they don’t know if CARB gave enough consideration to how that change might impact air quality and food price.
Really, Tesoro? Really? A representative of the oil industry – the industry that invented pollution – is now suddenly concerned that using less of their filthy fuel will cause more air quality problems? The industry responsible for the overwhelming majority of food cost increases (and the overwhelming majority of all inflation, for that matter) is suddenly worried about how much people are spending at the grocery store?
You’re kidding, Tesoro… right? Someone in your San Antonio office there wrote this up as a joke, and it accidently got filed in the courthouse… right? If this lawsuit were an actual suit, it wouldn’t have enough fabric to make a Speedo.
Tesoro spokespeople say they expect a ruling in 30 to 60 days. It should take 30 to 60 seconds – unless CARB wants to evaluate how much impact Tesoro’s oil and gas and diesel fuel is having on air quality and food prices. Then maybe they would rule that Tesoro is right, and that 10% ethanol isn’t the right number… It isn’t nearly enough.
Posted by RL, 10/3/08