No Surprise that API Doesn’t Like the RFS

November 27, 2012

No Surprise that API Doesn’t Like the RFS

(November 27, 2012) WASHINGTON - Responding to a media call held this morning by the American Petroleum Institute (API), Bob Dinneen, President and CEO of the Renewable Fuels Association, answered attacks on the Renewable Fuel Standard (RFS):

 

“Dog bites man.  API wants to repeal a highly successful program that has reduced gasoline imports and stimulated investment in renewable energy resources.  API doesn’t like the RFS because it has taken ten percent of their barrel and reduced consumer costs.  Americans like and support the RFS for exactly those reasons.”