Blending Requirement News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Seeking to relax the lending requirement, urging banks to once again lend to people with weak credit? >> weak might not be the right word. they are encouraging people to people with good credit, 600, 650 scores. what's been happening, that lending hasn't happened. if you have fantastic credit, you can get a loan and the housing market is coming back. but the people in the middle range are having a harder time. if you don't have 20%, they are having a harder time. they are trying to get the housing market going stronger. >> do they want have fear in when i read the article, i thought -- we are ...

Number two. it's fill up demand. massive fill-up demand. everyone wants gas. they're not buying five gallons or ten dollars. they're filling up. >> peter: also with the generators. people have generators. they're filling them up. >> but the big thing is people want gas in their tank in case they have orgeat somewhere. it's a natural reaction. that's what people too. creating a loft demand for gasoline. number three, we have refinery outages. we still refinery outages. two are starting. steve, put it up for one second. that's an epa problem. we haven't built a brand-new refinery. the epa has to...

Level down. the summer blend is needed to achieve better air quality. >> why not go with the cheaper blend now? >>guest: that is what california is doing. >> why not nationally? why not just do it? i got a good one, why not lift the blending requirement completely? >>guest: because if you did lit that blinding requirement you would only achieve a 3 cent a gallon savings. you have --. >> not according to jerry brown, he said it --. >>guest: i already said that, nationally, eric, suspending the air quality standards for gasoline fuel blends will not make a difference. >> why do you say it is onl...

number two, the cost of the wars in iraq and afghanistan. $1.3 trillion at this moment. a distant third, the president's stimulus plan, $831 billion. never thought $831 billion would look cheap. well, here's another powerful number. right now this country is paying $224 billion a year in interest on our debt and that number is mushrooming. it becomes an exponential problem. by 2020 we will be paying $544 billion in interest alone. if you want to see something really scary, let's compare that $544 billion to medicare. by 2020 in the year we're paying $544 billion in interest, medicare...

$1.3 trillion at this moment. a distant third, the president's stimulus plan, $831 billion. never thought $831 billion would look cheap. well, here's another powerful number. right now this country is paying $224 billion a year in interest on our debt and that number is mushrooming. it becomes an exponential problem. by 2020 we will be paying $544 billion in interest alone. if you want to see something really scary, let's compare that $544 billion to medicare. by 2020 in the year we're paying $544 billion in interest, medicare will cost a mere $279 billion. we'll be paying almost dou...