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GAO Says Renewable Fuel Standard ‘Broken,’ American Petroleum Institute and Advanced Biofuels Association Say Don’t Change Point of Obligation

The Renewable Fuel Standard is unlikely to meet its goals of reducing greenhouse gas emissions or expanding the nation’s renewable fuels sector, according to two Government Accountability Office reports.

Gasoline’s Dominance to Continue

Gasoline will continue to power most light duty vehicles through 2040, but consumption will drop 24 percent according to a new report released by the National Association of Convenience Stores (NACS). Market share will shrink 14 percent due to fuel efficiency and wider adoption of alternative fuels, said the 2014 … Read more »