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RENEWABLE FUELS ASSN REFUTES AMERICAN PETROLEUM INSTITUTE'S RFS CLAIMS
Source: Renewable Fuels Association news release

During a media conference call today, the American Petroleum Institute (API) called the Renewable Fuel Standard (RFS) "unworkable" and stated that they would "like to see complete repeal of the RFS."

Bob Dinneen, President and CEO of the Renewable Fuels Association (RFA), refuted those statements:

"The RFS is a proven success. It is a highly flexible, effective, proven energy policy. API knows this to be a fact which is why they are continually running to the courts and Congress to kill it.

The RFS is stimulating investment in next generation ethanol which is coming to fruition before our eyes. The RFS is also driving the marketplace beyond ethanol's use as an 'additive', which was a fundamental objective of the program.

Higher ethanol blends, from E15 to E85, will be key to providing consumers the choice at the pump they want and the relief for the wallet they need.

E15 and E85 are available right here, right now and Big Oil doesn't like it. American biofuels are integral to any national solution to energy independence and job creation."


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