The Rogue EPA's Shocking Disregard For The Law | Stock News & Stock Market Analysis - IBD

The Rogue EPA's Shocking Disregard For The Law | Stock News & Stock Market Analysis - IBD:

"Having been given sweeping and near-dictatorial powers by President Obama and the Supreme Court, the EPA has routinely exceeded its bounds and veered off into criminal behavior in some of its activities. In a report released this week, the EPA's own inspector general claims the agency has not sufficiently studied the environmental impact of blending ethanol with gasoline, as required by law.

The 2007 Energy Independence and Security Act, signed into law by President Bush, required the increased production of biofuels, in particular ethanol, and mandated it to be blended with gasoline.

It was a bad law to begin with, one that unfortunately was bipartisan in nature. As any mechanic worth his salt will tell you, ethanol use can do serious damage to car and truck engines.

More seriously, an Associated Press investigative report in 2013 found that corn-based ethanol was having far nastier impacts on the environment than predicted by the EPA and Energy Department. "