The American Petroleum Institute on Tuesday urged the Trump administration to reject proposals floated by U.S. farmers and ethanol producers to ...
NEW YORK: The American Petroleum Institute on Tuesday urged the Trump administration to reject proposals floated by U.S. farmers and ethanol producers to boost ethanol demand, the latest development in the clash over biofuel policy.
"We are deeply concerned by the RFS policy changes the White House is currently considering," said Frank Macchiarola, API's vice president of downstream and industry operations, during a press call on Tuesday."We hope the administration walks back from the brink of what would be a disastrous political decision that potentially hurts American drivers."
Since then, groups including the corn lobby and the Renewable Fuels Association have urged the administration to redistribute waived volumes from the exemptions into future biofuel volume mandates, a proposal API opposes."It is simply unfair for the burden of additional volume requirements to essentially be placed on the backs of those parties that have made decisions along the way to be able to comply with the law in the first place," Macchiarola said.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sanctions choke Iran's crude sales, but oil product exports boomingWhile U.S. sanctions on Iran's oil industry have slashed the OPEC member's crude exports by more than 80per cent, oil product sales from the ...
Read more »
Bone found in abandoned oil drum belongs to missing Thai activistBANGKOK: A skull fragment found in a scorched oil drum dumped in a reservoir in Thailand belongs to a prominent ethnic minority rights activist ...
Read more »
Oil drops 2per cent as trade war rumbles on and output swellsOil prices fell by 2per cent on Tuesday, weighed down by rising OPEC and Russian oil output as well as the protracted U.S.-China trade dispute ...
Read more »
US Democrats slam Pence for staying at Trump hotel in IrelandSHANNON, Ireland: US Vice President Mike Pence drew fire from Democrats on Tuesday when he met with Irish leaders in the capital Dublin but stayed ...
Read more »
Trump hardens tone on China as trade war rattles economyWASHINGTON: Amid fresh signs his trade wars are rattling the US economy, President Donald Trump on Tuesday (Sep 3) sent stern warnings to China, ...
Read more »
Trump warns China against dragging its feet in trade talksU.S. President Donald Trump said on Tuesday that trade talks between the United States and China were going well, though he warned that he would ...
Read more »