WASHINGTON, April 10, 2013 /PRNewswire-USNewswire/ -- American Fuel & Petrochemical Manufacturers President (AFPM) Charles T. Drevna issued the following statement in response to the Renewable Fuel Standard (RFS) Elimination Act, legislation with bipartisan support that would repeal the RFS:
"The Renewable Fuel Standard Elimination Act recognizes that betting on the RFS to work is like betting against reality, eventually you lose. The RFS was founded upon baseless assumptions and now eight years later, the reality is that there is no fix for this broken program, which is why AFPM fully supports the elimination legislation."
AFPM, the American Fuel & Petrochemical Manufacturers is a trade association representing high-tech American manufacturers of virtually the entire U.S. supply of gasoline, diesel, jet fuel, other fuels and home heating oil, as well as the petrochemicals used as building blocks for thousands of vital products in daily life. AFPM members make modern life possible and keep America moving and growing as they meet the needs of our nation and local communities, strengthen economic and national security, and support 2 million American jobs.
SOURCE American Fuel & Petrochemical Manufacturers