Congress may reconsider RFS

04/17/2013 | Wall Street Journal, The

There appears to be bipartisan support in Congress to alter the Renewable Fuel Standard, writes the editorial board of the Wall Street Journal. A bipartisan bill was introduced in the House of Representatives this month proposing to cap ethanol content in U.S. gasoline at 10%, and the Senate Energy and Natural Resources will examine whether the RFS needs to be altered, said Chairman Ron Wyden, D-Ore. However, the members of the editorial board wrote that they are "students" of Renewable Fuels Association President and CEO Bob Dinneen, who has criticized the logic behind the House bill.

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