RFA's Cooper: Refiners choose not to blend ethanol

03/12/2013 | Fox Business

The rise in gasoline prices is being caused by refiners' reluctance to blend ethanol into their product, not because of a federally mandated "blend wall" as they claim, said Geoff Cooper, vice president of research and analysis at the Renewable Fuels Association. Refiners are choosing to buy Renewable Identification Numbers, rather than buy and blend ethanol, he said. "Ethanol is not the refiners' product, and that's why they're fighting and going to great lengths on Capitol Hill to keep this product from the marketplace," Cooper said.

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