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How to subscribeRFA at RFS Hearing
As the House Subcommittee on Energy and Air Quality heard testimony regarding the Renewable Fuels Standard (RFS) on Tuesday, oil hit yet another record high of $122 a barrel.
RFA president Bob Dinneen reminded the committee of that several times during the hearing, having to correct his own pre-prepared remarks. “Mr. Chairman, the RFS made sense when you passed it in December and prices were $90 a barrel,” Dinneen said. “It makes more sense today with crude oil prices at $120 a barrel. I’m sorry, just while this hearing has been going on, the market has increased and we’re now looking at $122 a barrel oil.”
“Ethanol is the only tool we have today that can address the nation’s most serious economic issue – our dependence on imported oil and the rising price of gasoline and crude oil,” he said.
Listen to Bob’s testimony here: 
Dinneen Hearing Testimony (6:00 MP3 file)
MJ Said,
May 7, 2008 @ 12:26 pm
Bob Dinneen is 100% correct, the only mistake I see the USA making is not mandating 100% cars sold in the country to be flex-fueled to give consumers a choice. In California we have no choice but to buy gasoline, flex-fueled cars are for sale in some areas without Ethanol/Methanol fueling stations to give us a choice. We can learn much from Brazil.