NATSO Testifies Before Congress on Biodiesel Policy
“My travel center has been incorporating biodiesel into our fuel supply for more than ten years. Once the RFS and similar state incentives became law, it was clear to me that I had to invest in biodiesel in order to remain competitive.”
“Congress recognized in designing the RFS that the only way to get truck drivers to buy more advanced biofuels is to make those fuels less expensive than straight diesel fuel.”
“The EPA’s policy of liberally granting small refinery hardship exemptions is undercutting demand for advanced biofuels. When these waivers are issued retroactively, as they have been in recent months, they function as de facto mandate cuts in the RVOs, dramatically lowering RIN prices and in turn, demand for advanced biofuels.”
Full Written Testimony