Letter: Don’t Be Misinformed about Renewable Fuel Standard by ‘Big Oil’
by Anngie Steinbarger (The Republic) I was dismayed to read the Feb. 16 letter from Mark Brown and Travis DeFries, managers at Valero, who want U.S. Sen. Todd Young, R-Ind., to help oil companies gut the market for Indiana farmers by dismantling the Renewable Fuel Standard (RFS).
As RFS-defender Mike Buis noted in his own letter, U.S. Sen. John Cornyn, R-texas, is attempting to recruit Young for an anti-ethanol crusade. It seems unthinkable, but if Young agreed it would be a clear betrayal of Indiana farmers who rely on biofuel producers to buy their corn — a vital market during the agricultural downturn.
Brown and DeFries claim to represent Valero’s pro-ethanol side, but anyone looking for the truth should do quick web search for the special report by Reuters entitled “Refiner Valero’s secret campaign against U.S. biofuels mandates.” The company is using a hidden network of dark money and pay-for-play front groups to dismantle the RFS and attempt to put farmers like me out of business, according to the article.
They also want to slow investments in technology to turn corn oil and inedible corn fiber into advanced and cellulosic biofuels. READ MORE
Grassley: An all-of-the-above energy strategy means ethanol, too (Houston Chronicle)
Excerpts from Houston Chronicle: Successful companies have taken a pragmatic approach, recognizing that in our diverse country, there is strong support for biofuels and conventional fuels. San Antonio-based refiner Andeavor, formally known as Tesoro, is one such business. It has made investments and business decisions in response to the RFS policy, and as a result the company has been highly profitable in the process.
The sovereignty and prosperity of the United States are strengthened by homegrown energy supplies, which we have in spades. We should not only continue to capture and utilize them, but also grow and innovate new ways to make them more efficient. Whether we drill energy from the ground or sea, grow it in our vast farm fields or harness it from the wind and sun, we need to leverage our natural resources to foster a sustainable, stable and secure energy supply. READ MORE