WASHINGTON — Bob Dinneen, President and CEO of the Renewable Fuels Association (RFA), applauded Congressman Dave Loebsack (IA-02) on the introduction of the Renewable Fuel Utilization, Expansion, and Leadership (Re-FUEL) Act. The legislation creates a competitive grant program to assist fuel retailers with investments in renewable and alternative fuel/energy sources.
“Representative Loebsack is to be commended for his vision and commitment to American energy independence and economic security. The Re-FUEL Act will encourage fuel and energy diversity which will not only introduce consumer choice at the pump, it will deliver cost-saving options to foreign fossil fuels. The pace at which the renewable fuel advantages will be available to American drivers is greatly sped up by the fact that the proposed grants can be used for infrastructure like new blender pumps as well as retrofitting existing pumps, pipes, tanks and chargers,” said Dinneen.
“Placing a priority on rural America is a welcomed approach. In the Midwest, the demand for alternative fuels like E15 and E85 is rapidly increasing with great potential for growth as awareness expands to other states. At present, there are 60 stations in 12 states offering E15. In addition, the rural emphasis of the Re-FUEL Act will encourage job creation and economic stability. The small communities of rural America are amongst the most challenging locations for economic development. Rep. Loebsack recognizes that ethanol production has created and supports over 386,000 jobs with very real potential to expand on that success.”
In closing, Dinneen offered, “We thank Rep. Loebsack and hope this legislation will receive serious consideration.”