NEWS
Oil, Ethanol Groups Square Off Over RFS
Myke Feinman Refine Fuels Reporter
Wed Mar 20, 2013 01:56 PM CDT

STREATOR, Ill. (DTN) -- More shots were fired Wednesday between the oil and ethanol industries in an escalating war that could ultimately decide the fate of the Renewable Fuel Standard.

The American Petroleum Institute, an oil industry trade association, released a NERA Economic Consulting study Wednesday morning that claims the RFS is "irretrievably broken," according to Bob Greco, API downstream group director.

"That's the conclusion of a study we commissioned from NERA Economic Consulting, an internationally respected economic analysis firm," Greco said.

The study found that continued implementation of the RFS from now to the year 2022 would include an ...

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