NEWS
Thu Oct 31, 2013 03:18 PM CDT

STREATOR, Ill. (DTN) -- The Advanced Ethanol Council and Biotechnology Industry Organization, representing more than 35 advanced biofuel companies, wrote a letter dated Tuesday, Oct. 29, to President Barack Obama saying the controversy over the Renewable Fuels Standard is a battle over market share.

"The controversy over the RFS boils down to a market share battle between a growing biofuels industry and the incumbent oil industry," the authors wrote.

In essence, the oil industry wants the Environmental Protection Agency to make administrative adjustments to the RFS "that will greatly reduce or eliminate the drivers that facility more biofuel blending over ...

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