API will Do or Pay Anything to Maintain 90 Percent Share of American Fuel Market
WASHINGTON, D.C. — Today, opponents of clean, renewable, American made ethanol are making yet another tired play to undermine America’s most successful policy increasing energy independence and creating competition at the pump. The American Petroleum Institute is yet again repackaging stale, false talking points on America’s Renewable Fuel Standard that have been disproven time and again.
Tom Buis, CEO of Growth Energy stated, “While API and its allies attempt to keep America hooked on dirty and dangerous foreign oil, consumers are paying the price. Americans deserve market access to renewable fuel, and a cleaner, less expensive choice at the pump. Ethanol blends like E15 reduce greenhouse gas emissions and make the air we breathe cleaner. And despite what API claims, over 84 percent of cars on the road today are approved to use E15. Regardless of what API claims, the bottom line is that ethanol blends help clean the environment, are higher performing, less expensive and directly benefit the consumer by providing a choice and savings.”
“Even as API and other special interests aim to protect their stranglehold over 90 percent of our fuel market, Americans realize that ethanol-blended gasoline is a cleaner, less expensive motor fuel that’s increasing our energy independence and security,” said Buis. “It’s time to put an end to the oil industry’s lies. A strong RFS is good for drivers, America’s economy, and our future.”