NDSU Extension Bioenergy Economist Dr. David Ripplinger shared insights during a webinar this past week hosted by the North Dakota Ethanol Council and the North Dakota Corn Growers Association. Ripplinger said biofuel blending has become favorable for oil companies, who would prefer consumers use biofuels rather than driving EVs. “The prospects for the internal combustion engine are still quite strong. EIA, which is part of the U.S. Department of Energy, has their projections of sales as well as the size of the fleets and there might not be growth, but there’s certainly not this rapid decline or anything close to a complete replacement of the internal combustion engine.”
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