Cassidy Introduces Legislation to Repeal the Renewable Fuel Standard

Press Release

U.S. Senator Bill Cassidy, M.D. (R-LA) introduced legislation to repeal the Renewable Fuel Standard (RFS).

Under the RFS, the Environmental Protection Agency (EPA) sets the volumes of ethanol and biodiesel that are required to be blended into the U.S. transportation fuel supply. The EPA has overstepped its authority and has mismanaged the fuel standard, missing deadlines for the 2014 and 2015 RFS regulations.

The EPA's mandates overestimate how much ethanol consumers will purchase and the fuel supply can handle, threatening jobs by driving up costs for producers, refiners, farmers and families. The EPA's mandate has led to price increases on corn-based products and meat products produced using corn feed. The RFS also ignores market demand, causing thousands of barrels of ethanol to go to waste.

Dr. Cassidy released the following statement:

"Workers, refiners, producers, farmers and ranchers across the country are affected by the Renewable Fuel Standard. More mandates mean less jobs. It means families are paying more for gas and groceries. American energy production is increasing and fuel efficient technologies are improving. Our workers need policies that help move our energy, farming and manufacturing industries forward--that starts by repealing the RFS."

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