Refiners are trying to "create some hysteria" on RFS, Dinneen says

03/19/2013 | Politico (Washington, D.C.)

The rising price of Renewable Identification Numbers has grabbed the attention of lawmakers, while refiners say the short-term solution is to increase gasoline exports and refine less domestically, or consumers will have to pay more. However, the ethanol industry says it's merely a scare tactic by refiners to end or modify ethanol blend requirements. "This is in my view an effort by the oil companies to create some hysteria to support their political effort to repeal the [Renewable Fuel Standard]," said Bob Dinneen, chairman and CEO of the Renewable Fuels Association.

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