The American Fuel & Petrochemical Manufacturers (AFPM) and American Petroleum Institute (API) sent a new letter to President Trump urging him not to listen to “misinformation and misguided policies” from the ethanol lobby that will result in lost jobs in refining communities and higher gasoline prices for consumers.
Fuel supply limitations resulting from the impact of hurricanes and other natural disasters on infrastructure, for example, can lead to price increases as the market reacts to rebalance supply and demand.
A major labor union — the International Brotherhood of Boilermakers — is urging President Trump not to put union jobs at risk by increasing federal biofuel blending obligations for refiners.
In a new editorial, The Wall Street Journal sounds off on the recent politicking by the ethanol industry that stands to harm U.S. refiners — with no benefit to U.S. farmers.
It should come as a surprise to congressional supporters of the Energy Independence and Security Act (EISA), that their 2007 votes to expand the Renewable Fuel Standard (RFS) to advance “homegrown energy” would lead to historic U.S. imports of biodiesel