Senators Maria Cantwell and Richard Lugar, have introduced legislation which would help give motorists choices at the pump besides gasoline derived from foreign oil. The “Open Fuels Standard Act of 2011” would ramp up production of Flex Fuel-capable vehicles to as much as 80 percent of the U.S.-produced fleet by 2018.
Growth Energy CEO Tom Buis says, – the truth is that every American motorist is held in a captive market – captive to foreign oil interests, dominated by OPEC. It doesn’t have to be that way. According to Buis, – what Senators Cantwell and Lugar propose is policy that would help open the market, so that Americans have access to alternative fuels, like ethanol.
According to Buis, – we need an open market that will drive investment into cellulosic ethanol and other biofuels. Ethanol is renewable, cleaner than gasoline and it creates U.S. jobs that can never be outsourced. Buis adds, – the more ethanol we have in the market, the less oil we need to import from overseas – keeping our money here in the U.S., putting it to work on our economy.
NAFB News Service