The oil industry's call to repeal the Renewable Fuel Standard is baseless as the so-called ethanol blend wall doesn't exist, writes Bob Dinneen, president and CEO of the Renewable Fuels Association. "There are legal and economical ways for refiners to meet their renewable fuel blending obligations," Dinneen writes. "In the end, because ethanol remains 70 cents per gallon cheaper than gasoline, U.S. consumers are the losers in this battle for the barrel. Big Oil's self-inflicted blend wall is denying drivers the opportunity for greater savings at the pump," Dinneen concludes.
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