Price spikes for Renewable Identification Numbers and concerns about how companies comply with the Renewable Fuel Standard show it's time to take another look at the program, writes Valero Energy Chairman and CEO Bill Klesse. "If EPA isn't careful, great damage can be done to the economic, environmental and energy security objectives that underlay our approach to alternative fuels. It is time to revisit the renewable fuels standard in order to allow the orderly movement of ethanol into the fuel supply in a responsible manner that protects consumers and small businesses," he writes.

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