Minnesota Farmer

This will not keep gas prices down!
February 15, 2012, 10:07 am
Filed under: Biofuels, ethanol, Politicians, Politics | Tags: , , , ,

Tuesday, Sen. Jim DeMint (R-SC) filed an amendment to the Senate’s Highway Bill to repeal the Renewable Fuel Standard (RFS). We all know this amendment is misguided. And we all know it has nothing to do building roads and bridges. It does have something to do with protecting the income of big oil companies.  Big oil is concerned about losing 10 to 15% of their income.  They are calling in all their markers in government to remove RFS.  So here are some things I believe about why we should support the RFS.

  • The RFS is a foundation for energy independence and economic stability.
  • The RFS has reduced our dependence on foreign oil, strengthened our national security, created American jobs than can’t be outsourced, and reduced greenhouse gases.
  • The RFS has reduced smog in major cities.
  • Since President Nixon first called for American energy independence forty years ago, the RFS has been the only effective way to limit foreign oil imports.
  • The RFS has reduced gas prices by as much as 50 cents before VEETEC, sometimes referred to as the “blender’s credit,” a tax credit of 45 cents for every gallon of pure ethanol blended, was allowed to expire.

Those who seek to have the RFS removed cannot be interested in the future of our country.  Why do we need to continue paying oil companies huge amounts of money to bring in oil from other countries when we can produce jobs and fuel here in the U.S.  I just do not understand it.  Let’s buy American people.


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