The Edmond Sun

Local News

October 31, 2013

Ease of government regulation dropped gas prices significantly

EDMOND — Congressman James Lankford was asked Thursday if there is momentum to remove federal subsidies for the production of corn ethanol in the U.S.

Lankford spoke Thursday to students and guests of the Herbert W. Armstrong College, located north of Waterloo Road off of Bryant Avenue.

“We literally are burning our food up,” said Lankford, R-Edmond.

The use of corn and other biomass to make ethanol suitable for mixing with gasoline began as a way to promote energy independence, Lankford said. One problem with regulation is that a standard was set in 2007 for the number of gallons to be used in the U.S., based on the projected use of gasoline, said Lankford, chairman of the House Oversight Committee’s Subcommittee on Energy Policy.

When the recession came, people started driving less and consuming less gasoline. More fuel-efficient cars are in use today, Lankford said. However, the requirement to boost ethanol production did not change, Lankford said.

“What happens is gas prices continue to go up, not because gasoline is going up, but because you can’t burn enough ethanol,” he explained.

The requirement to produce more ethanol continued to climb due to federal regulation. The trade-in value of Renewable Identification Numbers (RINs) or ethanol credits, went from half-a-cent to more than $1 for a RIN, Lankford said.

“It’s crazy. This is supposed to help us and it’s killing our economy; it’s choking us out,” Lankford said.

The free market is a better way to drive energy independence, Lankford said. People will grow corn only if it makes economic sense. It doesn’t yet, he added.

Lankford pointed out that gas prices dropped a month ago from about $3.50 a gallon to nearer $3 a gallon. Two things changed the market, he said.

“One is we shifted to a winter blend. The EPA gives us more latitude on it,” Lankford said. “And the second thing was, we actually got a waiver from the administration to do a waiver on the amount of ethanol that would be used.” Lankford’s subcommittee was instrumental in pushing the Obama administration for the waiver, he said.

“They did that waiver and in about three days, the price of gasoline dropped about 40 cents purely because of government regulations,” Lankford said.

This illustrates how much federal government regulations can impact the lives of Americans, Lankford said. A long-term remedy is not in sight as the U.S. Senate has no interest in modifying federal subsidies for the production of ethanol, Lankford said.

“I’ve got a bill that I’m actually a co-sponsor of to repeal that entire fuel manufacturer mandate — all of it — to say there’s no reason to do that. Let the market drive it,” Lankford said.

Although federal law requires the manufacturing of 1 billion gallons of cellulosic ethanol, a biofuel made from wood, grasses or plants, only 6 million gallons were manufactured in the U.S., Lankford said.

“You cannot legislate innovation,” Lankford said. “You can’t make a law to invent something and suddenly the market is going to run and create that.”

President Barack Obama has said his Strategy for American Innovation will harness the ingenuity of the American people for economic growth.

“What we can do — what America does better than anyone else — is spark the creativity and imagination of our people,” Obama said in 2011.

In November, the White House set new fuel standards to increase fuel economy to the equivalent of 54.4 miles per gallon for cars and light-duty trucks by model year 2025, according to

The Obama Administration today finalized groundbreaking standards that will increase fuel economy to the equivalent of 54.5 mpg for cars and light-duty trucks by model year 2025. When combined with previous standards set by this Administration, this move will nearly double the fuel efficiency of those vehicles compared to new vehicles currently on our roads. In total, the Administration’s national program to improve fuel economy and reduce greenhouse gas emissions will save consumers more than $1.7 trillion at the gas pump and reduce U.S. oil consumption by 12 billion barrels.

 “These fuel standards represent the single most important step we’ve ever taken to reduce our dependence on foreign oil,” said President Obama. “This historic agreement builds on the progress we’ve already made to save families money at the pump and cut our oil consumption.” | 341-2121

Text Only
Local News
  • Boston 1 Arcadia man, 80, prepares for 111th marathon

    A year ago, Arcadia resident Tom Briggs was well into the Boston Marathon course when he heard runners nearby talking about an incident up ahead.

    April 19, 2014 3 Photos

  • Anne Josette Hill Police seek teen last seen in Edmond-north OKC area

    The family of a missing teenage girl made a plea to the public Friday to help them find the Casady honors student.

    April 19, 2014 2 Photos

  • 4-19 Calendar

    For information about Edmond senior programs, stop by and pick up a monthly calendar, check out the website at or call 216-7600. Lunch is served at 11:30 a.m. and reservations are needed a day in advance by 11 a.m. For lunch reservations, call 330-6293 from 9 a.m. to 1 p.m.

    April 19, 2014

  • UCO plans Earth Day Fair

    The University of Central Oklahoma invites the community to celebrate sustainability with its Earth Day Fair from 10 a.m. to 6 p.m. April 22 in locations throughout Central’s campus.
    The fair kicks off at 10 a.m. around Broncho Lake with exhibitions from local businesses, state agencies and student organizations. Visitors will have the opportunity to learn about its environmental mission and message.

    April 19, 2014

  • UCO School of Music closes semester with concert series

    The University of Central Oklahoma School of Music will wrap up its instrumental performance season with three concerts featuring Central students April 29 through May 1 at Mitchell Hall Theater located on the UCO campus.    

    April 19, 2014

  • Fine Arts 1 Auction benefits Fine Arts Institute

    The Spring Sampler dinner and auction event April 12 at Oak Tree Country Club benefitted the Fine Arts Institute of Edmond.

    April 18, 2014 4 Photos

  • Kaiser joins Thunder ownership group

    Tulsa businessman George B. Kaiser has been approved by the NBA Board of Governors as a new partner in The Professional Basketball Club LLC, which owns the Oklahoma City Thunder. Thunder Chairman and CEO Clayton I. Bennett made the announcement Friday. Kaiser is purchasing the ownership interest of Tom L. Ward.
    “We are honored to welcome George Kaiser as a member of the ownership group of the Oklahoma City Thunder,” Bennett said. “George is a well-respected and important Oklahoma business leader, as well as one of the state and nation’s top philanthropists. His commitment to successful business and community leadership is in true alignment with that of the Thunder.
    “I also appreciate the commitment and leadership provided by Tom Ward as a member of our ownership group from the beginning,” Bennett added.

    April 18, 2014

  • Literally, books come to life for club

    When some of the women at Touchmark at Coffee Creek got together to form a book club, they didn’t know it would be so much fun and become such an important part of their lives.
    The group of about a dozen residents gets together monthly to not only discuss the assigned novel, memoir or classic, but also to immerse themselves in the setting and culture of the book. There is no limit to their creativity.

    April 18, 2014

  • pink.jpg Local children win Edmond Sun Easter coloring contest

    Two local children were named winners of The Edmond Sun’s Easter coloring contest. At left, Madsion Porter, 4, daughter of Tracy Porter, won a princess Easter basket, which included a tiara, tea set, stuffed bunny rabbit and chocolate rabbit. At right, BriAnna Harbaugh, 9, daughter of Leslie Haubaugh, won a Hello Kitty Easter basket, containing art supplies, a Hello Kitty stuffed animal and a chocolate bunny.  The families also received a three-month subscription to The Edmond Sun. For your own subscription to The Edmond Sun, visit, call 341-2121, or visit 123 S. Broadway.

    April 18, 2014 2 Photos

  • jc_HarveySparks.jpg Pastor seeks congressional seat

    Working in the Congressional 1st District office of Congressman Jim Bridenstine was an eye opener for Harvey Sparks, he said. His analytical exposure to Congress has sparked his drive to run for the Congressional 5th District of Oklahoma, said Sparks, R-Oklahoma City.
    Sparks has been a pastor for the majority of his professional life. Sixteen months ago, he was asked by 1st District Congressman Jim Bridenstine to come work in his Washington, D.C., office. He and his wife, Jennifer, have three daughters and a son, ages 10-3.

    April 18, 2014 1 Photo

Featured Ads
NDN Video
Jabari Parker's Top 5 Plays From Duke Career Kourtney Kardashian Is a Bikini Babe More Manpower Than Ever Expected At 4/20 Rally Debunk'd: Miley Cyrus AIDS, Cheeseburgers Cause Cancer, Military Warning Bill Previewing the NBA playoffs Raw: Orthodox Christians Observe Easter Rite My name is Cocaine Raw: Space X Launches to Space Station Lohan Gets Candid About Her Sex List The 2014 New York Auto Show Meet Johnny Manziel's New Girlfriend Chelsea Clinton Announces Pregnancy Funny: Celebrating Easter with Martha Stewart and Friends Man Accuses 'X-Men' Director Bryan Singer of Sexually Abusing Him As a Teenager Man hit with $525 federal fine after he doesn't pay for soda refill Lea Michele & Naya Rivera Feuding? Jabari Parker declares for the NBA draft Singing Nun Belts Out Cyndi Lauper New West, Texas Explosion Video Swim Daily, Throwback Thursday

Do you agree with a state budget proposal that takes some funds away from road and bridge projects to ramp up education funding by $29.85 million per year until schools are receiving $600 million more a year than they are now? In years in which 1 percent revenue growth does not occur in the general fund, the transfer would not take place.

     View Results