Tag: EPA

Big Oil's ultimate goal: Get rid of the RFS

The Environmental Protection Agency proposed slashing the Renewable Fuels Standard (RFS) and lowering 2014 ethanol blending targets by 1.4 billion gallons last Friday.

Of course, Big Oil companies and their allies praised the proposal. Even though the EPA’s decision is a step backward for American consumers, it’s a major step forward for the oil industry as it strives to strengthen its monopoly on the transportation fuels market.

Oil companies smell blood in the water.

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