Open Fuel Standard: Ethanol Industry Welcomes Fuel Competition

Bob Dinneen is the President and CEO of the Renewable Fuels Association, the national trade association for the U.S. ethanol industry.

The Open Fuel Standard, H.R. 1687, starts by requiring half of new automobiles to safely operate under warranty on nonpetroleum fuels in addition to or instead of petroleum based fuels by 2014 -- something automakers previously expressed both a willingness and ability to do by 2012. But it doesn't stop there. The OFS would apply to 95% of new cars sold in America by 2017.

By guaranteeing America's cars of the future will go into production, the Open Fuel Standard creates the economic certainty investors need to produce alternative fuels and to build fueling stations with a variety of pumps supplying both petroleum and nonpetroleum fuels. This allows for competition at the pump between gasoline, ethanol and methanol blends, liquefied coal, natural gas, hydrogen, biodiesel, and plug-in electrics. The end result is competition that lowers the price you pay for your fuel of choice at the pump.

Category:

News & Politics

Tags:

• open fuel standard
• shimkus
• engel
• bartlett
• ethanol
• natural gas
• coal
• liquid coal
• nat gas
• natgas
• oil
• oil prices
• energy prices
• gas prices
• flex fuel
• motor fuel
• transportation fuel
• lower gas prices
• higher gas prices
• corn
• hybrids
• propane
• biodiesel
• biofuels
• liquid fuel
• hydrogen
• methanol
• environment

[Reticuli]

The right to choose against the cartel.

[switchgrassfuel]

good video. keep up the good work.