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August 31, 2010

American Petroleum Institute “Report” Defends Status Quo, Big Oil Market Share

Author: Growth Energy

WASHINGTON, DC — Growth Energy, the coalition of U.S. ethanol supporters released the following statement in response to a report issued by the American Petroleum Institute (API) which identifies industry “barriers” to increasing the blend of ethanol in our nation’s fuel supply.

“In order for state laws and regulations regarding fuel specifications to be updated, the fuel must first be approved by the EPA. Once that happens, Growth Energy will lead the process of working with all the proper federal and state authorities regarding the introduction of E15 into commerce,” said Tom Buis, CEO of Growth Energy. “In the meantime, we are not surprised that the people profiting from the status quo want to keep it that way. We have been dependent on foreign oil for 40 years- sending $300 billion a year overseas to other countries' economies – and these delays will only perpetuate our addiction. The Growth Energy Green Jobs Waiver was accompanied by a sound body of science that overwhelmingly supports the use of E15 in existing vehicles. In fact, there has been more testing of E15 than there has been of any other fuel additive in the history of the EPA waiver process. Curiously, API’s report did not offer any evidence to the contrary."

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About Growth Energy
Growth Energy is a group committed to the promise of agriculture and growing America’s economy through cleaner, greener energy. Growth Energy members recognize America needs a new ethanol approach. Through smart policy reform and a proactive grassroots campaign, Growth Energy promotes reducing greenhouse gas emissions, expanding the use of ethanol in gasoline, decreasing our dependence on foreign oil, and creating American jobs at home. More information can be found at GrowthEnergy.org.

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