Groups highlight importance of RFS, urge Congressional support

Ethanol Producer Magazine
By American Coalition for Ethanol March 27, 2012

Washington, D.C. -- National biofuels organizations and renewable energy advocates are joining forces in highlighting the role the renewable fuels standard (RFS) plays in moderating gasoline prices, reducing foreign imports and supporting the advanced and cellulosic biofuels sector.

In a letter sent March 27 to Congressional leaders, the American Coalition for Ethanol, Advanced Ethanol Council, Biotechnology Industry Organization, Growth Energy, Renewable Fuels Association, National Corn Growers Association, 25x’25 Alliance and Energy Future Coalition are urging Congress to support the RFS and reject attempts to reduce, waive or eliminate it.

“Today, ethanol is approximately $1 cheaper than gasoline and blending ethanol into U.S. gasoline saves consumers at the pump,” the groups said. A Center for Agriculture and Rural Development analysis found that from 2000-2010, ethanol reduced gasoline prices at the pump an average of 25 cents per gallon which meant consumers annually saved $34 billion dollars.

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