WASHINGTON, July 12, 2017 - The American Petroleum Institute (API) says that the Environmental Protection Agency did not go far enough in reducing 2018 Renewable Fuel Standard (RFS) blending volumes. API has called for an overhaul of the program because RFS goals have not been met. “Studies show that higher ethanol volumes under the RFS would raise fuel costs for consumers and damage car engines,” said API Downstream Group Director Frank Macchiarola. “It is essential that Americans have access to fuels they want and can safely use in their vehicles. Congress must fix this broken, outdated program.” But the Renewable Fuels Association (RFA) says this debate is all about oil companies losing market share. RFA data show oil companies have seen ethanol’s share of the gas pool rise from 1.3 percent in 2000 to just over 10 percent in 2016. They maintain that E15 provides American consumers with a cleaner, higher-octane, and lower-cost fuel option.
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