Dinneen: History disproves Big Oil's claim on energy independence

02/14/2013 | EthanolProducer.com

History and market realities do not support the oil industry's claim that biofuels are not needed for energy independence, writes Bob Dinneen, president and CEO of the Renewable Fuels Association. Domestic production from conventional sources of crude oil is slowing down, and while some of the shortfall can be met in the near term by output from unconventional sources, the price of oil will remain high without alternatives, Dinneen says. "We cannot frack our way to energy independence. The need for domestic renewable fuels remains as important as ever," he states.

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