Grain News

House Energy and Power Subcommittee Hold Hearings to Review RFS

Date Posted: July 25, 2013

This article is reprinted from the USDA's July 25 Grain Transportation Report.

On July 23 and 24, the U.S. House of Representatives held hearings on the Overview of the Renewable Fuel Standard: Stakeholder Perspectives.

The hearings follow a series of five white papers issued by the Energy and Commerce Committee about the Renewable Fuel Standard (RFS).

Over the course of 2 days, 16 stakeholders delivered official testimony and answered questions from many members of Congress.

The three panels discussed the recent increases in the Renewable Identification Numbers (RIN’s) prices, the status of E-15 and E-85, and multiple industry perspectives about the benefits and challenges of the RFS.

Members of Congress are looking for solutions to ensure fuel prices remain as low as possible for the American consumer, American jobs remain safe, and greenhouse gas emissions are reduced.

For more information, call Surajudeen (Deen) Olowolayemo, USDA, at 202-694-3050.

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