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Mohamed Ahmed

 
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  • Archer Daniels Midland Shifting Down Under [View article]
    Thank you for your insight. Ethanol is blended in most fuel in the US at about 10% (E10), there was a mandate to increase this blend to 15% (E15). There is increasing opposition to reduce this target and keep it at the 10% threshold as there are fears that more ethanol in fuel could damage older cars engines, even though the EPA has approved E15 fuel for 2001 models and newer. In the medium run I believe it is unlikely that a fuel target of less than 10% ethanol would be put in place, therefore ethanol use is not expected decrease but stay where it is (if not taking into account increasing consumption levels of fuel). But as newer vehicle models accommodate for ethanol, E15 fuel as the standard is realistic, whilst also taking into consideration that some car manufacturers are producing (or planning to) E85 (85% blend of ethanol) compatible cars.
    Nov 26 08:49 PM | Likes Like |Link to Comment
  • Archer Daniels Midland Shifting Down Under [View article]
    Thank you for your input, silly mistake and will be amended. But please let me reassure you that other figures and statistics are accurate. 
    Nov 26 08:16 PM | Likes Like |Link to Comment
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