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RFA Statement on White House Meeting to Discuss the RFS

March 1, 2018


WASHINGTON — This afternoon, President Trump, several members of his cabinet, and a handful of senators met with a number of ethanol and oil industry stakeholders, including RFA members, to discuss the Renewable Fuel Standard. Renewable Fuels Association President and CEO Bob Dinneen had the following statement: "We appreciate that President Trump took time to sit down with leaders from the ethanol and gasoline marketing industries, including RFA members, to discuss important issues related to the RFS and the rural economy. We continue to believe the appropriate response to unfounded concerns about Renewable Identification Number (RIN) prices is to expand ethanol use by providing RVP parity, allowing E15 and higher blends to be sold year round. We are pleased today's conversation focused positive attention on this important issue. We look forward to continued discussions with the White House and welcome additional opportunities to explain why Sen. Ted Cruz's notion to cap the price of RINs would be disastrous for the ethanol industry, farm economy, and American consumers."