Sen. Inhofe: RFS raises food, fuel prices

08/26/2013 | Edmond Sun (Okla.), The

The Renewable Fuel Standard is "unworkable" because the amount of ethanol that must be blended increases while U.S. gasoline consumption has decreased, writes Sen. Jim Inhofe, R-Okla. At the same time, ethanol is making fuel and food prices skyrocket, he writes. If RFS is left to stand, refiners "will either be forced to raise the price of gasoline to pay fines to the EPA, or they will be forced to export raw gasoline in order to make a profit, leaving a massive shortage of gasoline here at home," Inhofe writes.

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Edmond Sun (Okla.), The

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