NPRA Comments on Senate Committee's Vote on Ethanol Mandate
Wednesday May 25, 5:05 pm ET
WASHINGTON--(BUSINESS WIRE)--May 25, 2005--Bob Slaughter, President of NPRA, the National Petrochemical and Refiners Association, released the following statement upon the Senate Energy and Natural Resources Committee's approval of an 8-billion gallon a year ethanol mandate during the committee's mark up of comprehensive energy legislation.
"We are disappointed with today's vote by the Senate Energy and Natural Resources Committee to raise the renewable fuels standard to 8 billion gallons of ethanol. The ethanol mandate contained in the legislation will make it more difficult and costly for refiners and petrochemical manufacturers to provide the fuels and petrochemical products that the nation's economy and American consumers depend upon.
"NPRA opposes an ethanol mandate. We believe that mandates of any kind are counterproductive and inevitably result in market inefficiencies. We have been active in voicing concerns about the impact of the mandate on gasoline supply, and will continue to do so as the consideration of energy legislation proceeds."
NPRA is a national trade association whose members include more than 450 companies, including virtually all U.S. refiners and petrochemical manufacturers.
National Petrochemical and Refiners Association
Engineering News Archive