William LaJeunesse at Fox News has broken and unbelievable scam that Congress has endorsed. Rep. John Shadegg, R-Ariz has exposed the scam.
Currently our government is subsidizing the production of American Biodiesel to the tune of $1 per gallon. On the surface that may be a good thing, or not, depending on your point of view. BUT, here is the scam; if just one thousandth of the volume of the product is American then the whole volume is considered American.
The scam operators pull a real fast one by purchasing cheap Biodiesel made from South American sugar cane or Asian palm oil, ship it to the US where the minimum one thousandth volume is added (SPLASH – and it is not even Biodiesel that they add, they splash it with regular diesel). Here is the worst part: they take the final product and ship (DASH) it to Europe earning a dollar per gallon subsidy from Uncle Sam.
That means we are all paying so that Europe can have access to cheaper Biodiesel than we do. This is costing us hundreds of millions a year. Read the full story HERE.
Tags: Biodiesel, Congress, energy, government failure, Scam, Splash & Dash, Splash and Dash, Waste
