U.S. ethanol producers across the nation are congratulating President Obama on his successful re-election bid. Growth Energy CEO Tom Buis noted the President’s support for the ethanol industry over the last four years. Renewable Fuels Association President and CEO Bob Dinneen pointed out that both candidates for President agreed energy independence was an important national goal and publicly supported the Renewable Fuel Standard. Buis said Growth Energy looks forward to working with the President, his administration and the Congress in a bipartisan manner to help expand market access for biofuels and to defend the RFS. RFA is also ready and eager to work with the President to expand the market for biofuels and bring the next generation online. Buis said the renewable fuels industry creates jobs at home that cannot be outsourced, spurs investment in America and revitalizes rural economies, produces a cleaner burning fuel and reduces our dependence on foreign oil – all while providing consumers savings at the pump. Dinneen said ethanol has already helped reduce U.S. imports of oil from the Persian Gulf by 25-percent since 2000. He added that the industry supports 400-thousand American jobs across the economy. He said this is just the beginning of what biofuels can accomplish.
Source: NAFB News Service