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Taxpayers must pay the freight for over-budget train projects
Topic - Carlton Carroll
Ethanol industry officials promised Tuesday a long fight against moves by federal regulators to cut the amount of biofuels blended into the nation's gasoline.
By about 2020, the United States will overtake Saudi Arabia as the world's largest oil producer and put North America as a whole on track to become a net exporter of oil as soon as 2030, according to a report from the International Energy Agency.
"Our major concern is that ever-increasing biofuel mandates under the Renewable Fuel Standard could harm consumers and damage their automobiles while potentially creating supply shortages," said Carlton Carroll, a spokesman for the American Petroleum Institute, a Washington-based trade group. "A growing chorus of concerned groups is urging reform and repeal the before the mandate can put consumers in harm's way. This is not a battle of one industry against another. It's a battle against bad public policy."
Carlton Carroll, a spokesman for the American Petroleum Institute, a lobbying group for the oil and gas industry, pointed out that many companies started developing the equipment to limit methane and other pollution before the EPA rule.