AGRIBUSINESS: API Requests Another RFS Waiver

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.
Data pix.
The American Petroleum Institute has made another attempt to convince the Obama Administration to waive the Renewable Fuel Standard and end E-15.
Renewable Fuels Association President and CEO Bob Dinneen says it’s another example of oil companies unnecessarily scaring people - as the RFS has created jobs, helped the U.S. economy and saved consumers money at the pump. Dinneen says API’s conclusions are inaccurate because their assumptions are flawed. The study API refers to ignores the Standard’s flexibility to make it easier for refiners to meet their RFS obligation - according to Dinneen. He says API is just misleading people in suggesting the RFS will increase gas prices.
Notice: you are using an outdated browser. Microsoft does not recommend using IE as your default browser. Some features on this website, like video and images, might not work properly. For the best experience, please upgrade your browser.