Keeping the Renewable Fuel Standards is slowing the conversion of refineries to process American oil
Rick Santorum has written a piece attacking refiners for wanting to reduce the Renewable Fuel Standards in which he claims they are needed because we are still importing oil. He could not be more wrong. I think the only people who support this travesty are corn farmers and politicians and the exporters of heavy crude to the US. As a consumer, the product sucks. But consumers are never consulted in these decisions, and people like Santorum attack the refiners for wanting to end the waste. If the refiners were able to invest the money they are wasting on the RFS in the conversion of their operations to refining the light crude produced from shale wells there would be much less need for imported oil and the country would be more energy secure. Tortillas would cost less and people would not have to do costly repairs on the small engine equipment. Cars would be more fuel efficient. If ethanol were a worthwhile product it would not need the RFS to be ...